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Saint Kitts and Nevis

Saint Kitts and Nevis Imports Stats

Definitions

  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
  • Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Goods and services: Imports of goods and services as a % of GDP, 2000
  • Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Merchandise imports from high-income economies > % of total merchandise imports: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Ores and scrap metal imports > % of merchandise imports: Ores and metals comprise commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
  • Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
  • Spending on imports: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
STAT AMOUNT DATE RANK HISTORY
Commercial service imports > Current US$ $111.25 million 2009 134th out of 143
Documents to import > Number 7 2013 89th out of 188
Goods and services 79% 2000 17th out of 156
Goods and services > BoP > Current US$ > Per $ GDP 0.63 BoP $ per $1 of GDP 2005 40th out of 130
Imports of goods and services 339.15 million 2012 189th out of 203
Merchandise imports from high-income economies > % of total merchandise imports 85.74% 2009 14th out of 177
Ores and scrap metal imports > % of merchandise imports 0.87% 2008 111th out of 140
Per $ GDP $0.79 per $1 of GDP 2006 18th out of 160
Services 114.96 million 2009 136th out of 143
Spending on imports 68.73 2009 16th out of 139

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Development Indicators database; United Nations Statistics Division. Source tables; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.; CIA World Factbooks 18 December 2003 to 28 March 2011; World Bank national accounts data, and OECD National Accounts data files.

Citation

Saint Kitts and Nevis Economy > Trade > Imports Profiles (Subcategories)

Goods and services 11

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