Exporting guide to St Kitts and Nevis
Growing economy
The GDP of St Kitts and Nevis grew by 4.6% in 2018 and is expected to enjoy consistent growth over the coming years (IMF, 2019). This should lead to an increase in spending power of the local consumers which UK exporters could benefit from.
Demand for goods and services
In the year to June 2019, the top goods exported from the UK to St Kitts and Nevis were manufactured goods, medicinal and pharmaceutical products, specialised machinery and dairy products and eggs (ONS, 2019). In terms of services, the top services imported by St Kitts and Nevis from the world were transport, travel, insurance and pension services and financial services (ITC Trade Map, 2019). Therefore, if you operate in any of these industries, St Kitts and Nevis could be a good market for you.
St Kitts and Nevis: at a glance
Currency
Eastern Caribbean Dollar
Business language
English
GDP per capita
$17,513
UK is $42,558 (IMF, 2018)
Economic growth
2.9%
(IMF, 2018)
Time zone
GMT -4
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Next steps
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