The U.S. Virgin Islands' major exports encompass a range of commodities, reflecting the territory's economic activities and trading partnerships. From refined petroleum products and chemicals to rum and scrap metal, the U.S. Virgin Islands leverages its resources and geographical location to engage in global trade. By maintaining strong relationships with trading partners such as the United States, Puerto Rico, and the Dominican Republic, the U.S. Virgin Islands continues to develop its export sector, contributing to its economic growth and international competitiveness.
Refined Petroleum Products
Refined petroleum products, including gasoline and diesel fuel, are the primary export of the U.S. Virgin Islands. The export volume for refined petroleum products is estimated at around 13 million barrels, with a value of approximately $900 million. The closest trading partners for petroleum exports are the United States mainland and nearby Caribbean countries.
Chemicals and Pharmaceuticals
The U.S. Virgin Islands also exports chemicals and pharmaceutical products. The export volume for this sector is estimated at approximately $150 million. Closest trading partners include the United States, Puerto Rico, and the Dominican Republic.
Rum and Distilled Spirits
Rum and other distilled spirits are significant exports of the U.S. Virgin Islands. The export volume for this sector is estimated at around $100 million. The closest trading partners for rum and spirits are the United States, the United Kingdom, and nearby Caribbean countries.
Scrap Metal
The U.S. Virgin Islands export a significant amount of scrap metal, primarily consisting of iron and steel. The export volume for scrap metal is estimated at approximately $80 million. Closest trading partners for scrap metal include the United States and neighboring Caribbean countries.
Electrical Machinery and Equipment
Electrical machinery and equipment, including generators and telecommunications equipment, are also exported from the U.S. Virgin Islands. The export volume for this sector is estimated at around $50 million. Closest trading partners include the United States, Puerto Rico, and the Dominican Republic.
Plastic Products
The U.S. Virgin Islands export various plastic products, including packaging materials and consumer goods. The export volume for plastic products is estimated at approximately $40 million. Closest trading partners for plastic products include the United States, Puerto Rico, and the Dominican Republic.
Medical Instruments and Equipment
The U.S. Virgin Islands also export medical instruments and equipment. The export volume for this sector is estimated at around $30 million. Closest trading partners for medical instruments and equipment include the United States, Puerto Rico, and the Dominican Republic.
Food and Beverage Products
Food and beverage products, including processed foods and beverages, are exported from the U.S. Virgin Islands. The export volume for this sector is estimated at approximately $20 million. Closest trading partners for food and beverage products include the United States, Puerto Rico, and the Dominican Republic.
Printed Materials
The U.S. Virgin Islands export printed materials, including books, brochures, and magazines. The export volume for printed materials is estimated at around $15 million. Closest trading partners for printed materials include the United States, Puerto Rico, and the Dominican Republic.
Apparel and Clothing Accessories
Apparel and clothing accessories, including swimwear and accessories, are also exported from the U.S. Virgin Islands. The export volume for this sector is estimated at approximately $10 million. Closest trading partners for apparel and clothing accessories include the United States, Puerto Rico, and the Dominican Republic.