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
$16,469
The UK is $47,203 (IMF, 2021, projected figure)
Economic growth
-3.6%
(IMF, 2021, projected figure)
Time zone
GMT -4
Want to see more on St Kitts and Nevis? Sign up for additional market data, content specific to your product or sector and to compare St Kitts and Nevis side by side with other markets.
Check for trade barriers
Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.
Check duties and customs
Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.
Next steps
DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.
