Virgin Islands (U.S.) Trade Balance in Goods and Services: External Balance and Trade Openness

This article presents Virgin Islands (U.S.)'s external balance on goods and services in current US dollars and as a share of GDP.

The external balance on goods and services in Virgin Islands (U.S.) was -$509.0 million in 2022, equivalent to -10.9% of GDP. The result represented a deficit. Exports were valued at $4.55 billion, while imports reached $5.06 billion, producing an export-to-import ratio of 89.9%. The external balance changed by $668.0 million over five years and by -$638.0 million over ten years.

In the common comparison year 2022, Virgin Islands (U.S.) ranked 135th of 194 economies by the external balance as a share of GDP.

Virgin Islands (U.S.) Trade Balance by Year

Data source: World Bank, World Development Indicators — External balance on goods and services, current US$ (NE.RSB.GNFS.CD); External balance on goods and services, % of GDP (NE.RSB.GNFS.ZS); Exports of goods and services, current US$ (NE.EXP.GNFS.CD); Imports of goods and services, current US$ (NE.IMP.GNFS.CD); Trade, % of GDP (NE.TRD.GNFS.ZS).
License: CC BY-4.0. Retrieved 2026-07-12.

About the Indicators

External balance on goods and services, current US$. Exports minus imports of goods and services, in current U.S. dollars.

External balance on goods and services, % of GDP. Exports minus imports of goods and services, expressed as a share of GDP; positive values indicate a surplus, negative values a deficit.

Exports of goods and services, current US$. The total value of goods and services a country sells abroad, in current U.S. dollars.

Imports of goods and services, current US$. The total value of goods and services a country purchases from abroad, converted to current U.S. dollars.

Trade, % of GDP. The sum of exports and imports of goods and services, expressed as a share of GDP; a common measure of an economy’s trade openness.

Leave a Comment

Your email address will not be published. Required fields are marked *