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Anitgua & Barbuda - Trade Profile [UWI's Shridath Ramphal Centre]

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Anitgua & Barbuda - Trade Profile [UWI's Shridath Ramphal Centre]

  1. 1. Population: 83,000 ANTIGUA & BARBUDA Area: 442 sq km (170 sq miles) MAIN ECONOMIC INDICATORS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 GDP ($US, billions) 0.68 0.71 0.72 0.75 0.82 0.87 1.00 1.16 1.22 1.18 1.19 GDP (% change) 3.3 1.5 2.0 4.3 5.4 5.0 12.9 6.5 1.8 -6.7 -2.0 GDP per capita ($US) 8,871 9,153 9,128 9,478 10,165 10,729 12,192 13,879 14,556 13,852 13,825Current account balance ($US, billions) -0.07 -0.06 -0.08 -0.10 -0.12 -0.16 -0.32 -0.38 -0.35 -0.27 -0.19 Current account balance (% of GDP) -9.8 -8.0 -11.5 -12.9 -14.5 -18.8 -31.6 -32.9 -28.9 -23.1 -15.8 Inflation (% change) -0.6 1.7 2.4 2.0 2.0 2.1 1.8 1.4 5.3 -0.6 3.5 Unemployment+ (%) - 8 - - - - - - - - - GDP (% change) Inflation (% change) GDP Current account balance 13.0 1.20 1.00 8.0 0.80 0.60 $US Billions % 3.0 0.40 0.20 -2.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 0.00 -0.20 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -7.0 -0.40 Source: IMF World Economic Outlook April 2010+ Source: The World Bank - http://databank.worldbank.org*Numbers in italics represent estimates
  2. 2. Population: 83,000 ANTIGUA & BARBUDA Area: 442 sq km (170 sq miles) MAIN TRADE INDICATORS – GOODS 2005 2006 2007 2008 Trade Balance ($US, thousands) -404,570 - -474,450 -1,725,171 Total Exported Value ($US, thousands) 120,636 - 98,628 357,687 Total Imported Value ($US, thousands) 525,206 - 573,078 2,082,858 Top 10 Markets by Exported Value (2007) Top 10 Markets by Imported Value (2007) Netherland Antilles 31% United States of America 58%United States of America 24% United Kingdom 6% Barbados 8% Japan 4% Dominica 6% Netherland Antilles 4% United Kingdom 4% Trinidad and Tobago 4% Saint Kitts and Nevis 4% Italy 3% Nicaragua 4% Canada 2% France 3% Switzerland 1% Anguilla 3% China 1% Saudi Arabia 2% Barbados 1% Machinery for Top 5 Exports by Exported Value (2008) Flat-rolled Other vessels Top 5 Imports by Imported Value (2008) working rubber products of and floating & plastics iron/non-alloy structures, 1% Cars, 1% Petroleum oils 10% steel (not crude), 8% 14% Yachts & vessels for pleasure/sports 11% Cruise ship, Cruise cargo ship, ship, barges cargo Commodities Petroleum oils 58% ship, not elsewhere (not crude) barges, specified, 21% 13% 43% Source: International Trade Centre – www.trademap.org
  3. 3. Population: 83,000 ANTIGUA & BARBUDA Area: 442 sq km (170 sq miles) MAIN TRADE INDICATORS – SERVICES 2005 2006 2007 2008 Trade Balance ($US, thousands) -404,570 - -474,450 -1,725,171 Total Exported Value ($US, thousands) 120,636 - 98,628 357,687 Total Imported Value ($US, thousands) 525,206 - 573,078 2,082,858 Top Exports by % of Total Exported Value (2008) Top Imports by % of Total Imported Value (2008) Travel 66% Transportation 36% Transportation 18% Travel 19%Other business services 10% Insurance services 17% Insurance services 3% Other business services 15% Government services 2% Construction services 7% Financial services 1% Government services 5% Construction services 0.1% Royalties & license fees 0.3%Royalties & license fees 0.1% Information services 0.1% Source: International Trade Centre – www.trademap.org

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