CARICOM's trade is concentrated in a few member states like Trinidad and Tobago, with exports heavily focused on resources like energy products. While exports have grown significantly in recent years, CARICOM countries have seen only modest penetration of their goods in the intra-regional market and continue to run a large trade deficit. The top export markets have diversified in the past decade to include growing markets in Asia, Africa, and Latin America in addition to traditional partners in North America and Europe.
1) The document summarizes Nigeria's trade patterns and identifies potential competitor countries from Africa in key sectors under the AfCFTA.
2) It analyzes Nigeria's trade data and identifies Morocco as a key competitor in processed agriculture. Kenya and South Africa are identified as competitors in retail and trade, while South Africa and Egypt are seen as competitors in FMCGs.
3) The analysis looks at various economic indicators to select countries with comparative advantages to Nigeria in these sectors.
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Hospitality Laws
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
Call: 9971223030
Trade between Canada and CARICOM has more than doubled over the last decade. While still relatively small, Canada imports more goods from CARICOM than it exports and Canadian investment in CARICOM exceeds CARICOM investment in Canada. There are opportunities to increase trade in both goods and services, particularly in sectors like agriculture, energy and professional services. Strengthening economic ties through a trade agreement could facilitate greater market access, investment, and exchange of skilled workers between Canada and CARICOM countries.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Digital artifact [Final Assignment for Trading for Development in the Age of ...Ekene Okwunma
A proposed solution which can convey how GVCs have changed and are changing the international trade and what policies Nigerian government support to broaden participation in GVCs.
The document discusses Mexico's economic development and trade evolution, highlighting its role in global supply chains. It also examines Mexico's approach to trade facilitation and analyzes the medical devices industry as a case study. Some key points:
- Mexico has experienced significant growth in exports since NAFTA, now representing 33% of GDP, but remains reliant on exports to the US and in a few key industries.
- As a part of global supply chains, Mexico specializes in downstream production, importing unfinished goods and adding value before re-exporting. This limits value capture.
- Mexico has implemented initiatives to facilitate trade and ease the import-export process through programs administered by the Secretary of Economy.
1) The document summarizes Nigeria's trade patterns and identifies potential competitor countries from Africa in key sectors under the AfCFTA.
2) It analyzes Nigeria's trade data and identifies Morocco as a key competitor in processed agriculture. Kenya and South Africa are identified as competitors in retail and trade, while South Africa and Egypt are seen as competitors in FMCGs.
3) The analysis looks at various economic indicators to select countries with comparative advantages to Nigeria in these sectors.
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Hospitality Laws
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
Call: 9971223030
Trade between Canada and CARICOM has more than doubled over the last decade. While still relatively small, Canada imports more goods from CARICOM than it exports and Canadian investment in CARICOM exceeds CARICOM investment in Canada. There are opportunities to increase trade in both goods and services, particularly in sectors like agriculture, energy and professional services. Strengthening economic ties through a trade agreement could facilitate greater market access, investment, and exchange of skilled workers between Canada and CARICOM countries.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Digital artifact [Final Assignment for Trading for Development in the Age of ...Ekene Okwunma
A proposed solution which can convey how GVCs have changed and are changing the international trade and what policies Nigerian government support to broaden participation in GVCs.
The document discusses Mexico's economic development and trade evolution, highlighting its role in global supply chains. It also examines Mexico's approach to trade facilitation and analyzes the medical devices industry as a case study. Some key points:
- Mexico has experienced significant growth in exports since NAFTA, now representing 33% of GDP, but remains reliant on exports to the US and in a few key industries.
- As a part of global supply chains, Mexico specializes in downstream production, importing unfinished goods and adding value before re-exporting. This limits value capture.
- Mexico has implemented initiatives to facilitate trade and ease the import-export process through programs administered by the Secretary of Economy.
The document provides an overview of the World Trade Organization (WTO) and regulation of foreign trade. Some key points:
- The WTO was established in 1995 to supervise and liberalize international trade, replacing the General Agreement on Tariffs and Trade (GATT). It has 164 member countries and seeks to help trade flow freely through negotiations and dispute settlement.
- India's foreign trade is regulated by the Foreign Trade (Development and Regulation) Act of 1992. The Act empowers the central government to restrict or prohibit imports/exports and formulate export/import policies.
- India's current export-import policy covers 2015-2020 and aims to increase exports to $900 billion by promoting sectors and
Trade stimulates economic growth as well as create employmentAlisha Khan
Trade liberalization under the World Trade Organization (WTO) was expected to benefit developing countries like those in South Asia by opening markets in agriculture, textiles, and services. However, the results have been mixed. While India's trade increased after joining the WTO, Pakistan's trade growth slowed and it faced larger trade deficits. The rate of export growth declined for South Asia and Pakistan after the WTO, while import growth increased. Overall, the WTO does not seem to have significantly increased trade volumes for South Asia as expected.
The document discusses strategic considerations for agribusiness development between CARICOM and Canada in their trade negotiations. It notes that the next round of negotiations is scheduled for the second half of 2010, and the agriculture sector could intensify its advocacy to ensure the negotiations represent their international business development needs. It provides an overview of agri-food trade between CARICOM and Canada, identifying sectors that have potential for increased trade such as rum, lobster, and papayas which currently face high tariffs in Canada.
1. Africa has experienced renewed growth in its agricultural sector and rapid expansion of agricultural exports and imports.
2. Rising incomes, urbanization, and population growth in Africa have led to domestic demand growing faster than production, resulting in an increasing agricultural import gap.
3. There is substantial potential to expand intra-African agricultural trade, but this requires removing numerous local barriers to trade. Rapidly transforming value chains and growth of a nascent processing sector will determine future trade patterns on the continent.
This document discusses the concept of globalization and its impact on international trade. It defines globalization as the growing economic interdependence between countries through increasing cross-border transactions and flows of goods, services, and capital. The key features of globalization discussed include operating and planning business globally and considering the entire world as a single market. The document also outlines some benefits of globalization like improved living standards and lowered costs, as well as challenges like job mobility and loss of cultural identity. It examines how globalization has impacted areas like economic output, wealth distribution, and development.
The document discusses India's foreign trade policies and performance. It summarizes that while India's share of global exports is only 0.8%, the government has implemented various policies and institutions to promote trade. These include liberalizing trade procedures, focusing on export orientation, and providing lines of credit and financing through institutions like Exim Bank. The document also analyzes sectors like agriculture, textiles and services that have potential for growth in exports. It recommends further reducing transaction costs and simplifying trade processes to achieve the goal of doubling India's share of global trade by 2009.
1) Intra-regional trade in Africa has more than doubled from the 1990s to the 2000s, especially in food calories. However, Africa still relies heavily on imports from outside the continent to meet basic food demand.
2) Reducing trade barriers like tariffs within African trade blocs could increase intra-African agricultural trade by over 57% in the next decade, helping Africa satisfy more of its food needs from within the continent.
3) For intra-African agricultural trade and food security to improve further, issues like infrastructure bottlenecks, non-tariff barriers, and uneven benefits of regional integration must still be addressed.
In this presentation, we will discuss International Marketing Environment, the important factors that affect the environment, various trade barriers protecting domestic industries from foreign competitions and types of commodity agreement. Also state trading, role of GATT and other international trading aspects will be discussed in details.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Google+ is Google's latest attempt at a social networking site (SNS) to compete with Facebook and Twitter. It allows users to organize their contacts into circles and share posts selectively with different circles, similar to relationships in real life. Users can also follow others and see their posts without approval, similar to Twitter. The site gained over 10 million users within its first 3 weeks of beta launch and seems to be more successful than Google's previous SNS attempts. It combines features of Facebook for personal connections and Twitter for broader information sharing.
The document provides information for military families on various topics including preparing for natural disasters, a mobile application for Navy resources, children and deployment activities, and assistance for veterans transitioning to civilian life. It also highlights the American Red Cross and their support for military members and families.
The document discusses the potential for progress in concluding the Doha Round of trade negotiations in 2011. Leaders of the G20 and APEC declared 2011 a critical window of opportunity to complete the Round based on progress already achieved. However, concluding the Round will depend on generating political will for compromise among major WTO members. The WTO Director General has outlined an intensive negotiating schedule for January-March 2011 aimed at resolving the remaining 20% of issues. CARICOM states will need to carefully monitor negotiations to ensure their key interests are preserved as new draft texts are produced. The document identifies some of CARICOM's key interests in outstanding issues like agriculture market access and the special safeguard mechanism.
El documento describe varias situaciones en las que Dios puede estar detrás de eventos aparentemente casuales o soluciones inesperadas a problemas, como hacer algo bueno por alguien querido, sentir paz en medio de la tristeza, recibir algo maravilloso no pedido, encontrar una solución a un problema difícil, o sentir consuelo y esperanza cuando se está cansado de la vida. Insta al lector a dejar que Dios toque su corazón y compartir el inmenso amor de Dios con todos, ya sean amigos, familiares o descon
Family Connection is a publication of the Fleet and Family Support Program. The Navy's Fleet and Family Support Program promotes the self-reliance and resilience of Sailors and their families. We provide information that can help you meet the unique challenges of the military lifestyle.
FITT Toolbox: Collaboration Setup for ResearchFITT
MyBBT and the Coconut project is about the implementation of a company-wide extranet and knowledge sharing platform. The goal of the platform is to facilitate easy communication and collaboration between internal and external parties and consists of various collaborative tools such as document sharing, versioning, discussion boards etc. The document describes not only the technical aspects of such an implementation, but also the techniques used during the project to receive maximum user feedback and broad user adoption.
www.FITT-for-Innovation.eu
The document summarizes trade data on the global and CARICOM baked goods industry. It finds that while global baked goods imports grew 12% annually between 2001-2009, CARICOM's exports grew more slowly at 9% annually, indicating the region is losing global market share. In 2009, Trinidad and Tobago was the top CARICOM exporter of baked goods, generating 64% of regional exports. The US was the top export market for CARICOM baked goods. The document recommends CARICOM bakeries internationalize further by utilizing existing trade agreements to reduce barriers and expand into new dynamic markets.
1) Global nutmeg imports reached $120 million in 2009, a 6.2% average annual growth since 2001. The top importers were Germany, USA, Netherlands, Vietnam, and Singapore.
2) CARICOM nutmeg exports generated $3.5 million in 2009, down from $13.7 million in 2001, losing global market share. Grenada was the main exporter.
3) CARICOM nutmeg prices were 60% higher than the global average in 2009, hurting competitiveness. Diversifying into value-added products could help address challenges in production and prices.
- CARICOM exporters benefit from various trade agreements that provide duty reductions or relief for exports to markets like North America, the EU, and some Latin American and Caribbean countries. However, agreements with countries like Costa Rica and Cuba have not yet been implemented.
- In 2006, CARICOM merchandise exports totaled US$19.1 billion, with the top exports being liquefied natural gas, aluminum oxide, crude petroleum oils, and anhydrous ammonia. The main export markets were the US, UK, Canada, France, and Germany.
- Between 2002-2006, CARICOM gained export market share in countries like China, Poland, Brazil, and India. However, there are no agreements with many
The document summarizes global and regional trade in sauces and mixed condiments. Globally, $8.1 billion was spent on imports in 2009, with the top markets being the UK, US, France, Germany, and Canada. For CARICOM, imports increased from $18 million in 2001 to over $27 million in 2009, while exports grew from $16 million to $34 million over the same period. The top CARICOM exporter is now Belize, followed by Jamaica and Trinidad & Tobago. Nigeria surpassed the US to become the main export market, accounting for over 1/3 of CARICOM sales. The document examines opportunities and challenges for CARICOM firms in this growing global industry.
The document provides an overview of the World Trade Organization (WTO) and regulation of foreign trade. Some key points:
- The WTO was established in 1995 to supervise and liberalize international trade, replacing the General Agreement on Tariffs and Trade (GATT). It has 164 member countries and seeks to help trade flow freely through negotiations and dispute settlement.
- India's foreign trade is regulated by the Foreign Trade (Development and Regulation) Act of 1992. The Act empowers the central government to restrict or prohibit imports/exports and formulate export/import policies.
- India's current export-import policy covers 2015-2020 and aims to increase exports to $900 billion by promoting sectors and
Trade stimulates economic growth as well as create employmentAlisha Khan
Trade liberalization under the World Trade Organization (WTO) was expected to benefit developing countries like those in South Asia by opening markets in agriculture, textiles, and services. However, the results have been mixed. While India's trade increased after joining the WTO, Pakistan's trade growth slowed and it faced larger trade deficits. The rate of export growth declined for South Asia and Pakistan after the WTO, while import growth increased. Overall, the WTO does not seem to have significantly increased trade volumes for South Asia as expected.
The document discusses strategic considerations for agribusiness development between CARICOM and Canada in their trade negotiations. It notes that the next round of negotiations is scheduled for the second half of 2010, and the agriculture sector could intensify its advocacy to ensure the negotiations represent their international business development needs. It provides an overview of agri-food trade between CARICOM and Canada, identifying sectors that have potential for increased trade such as rum, lobster, and papayas which currently face high tariffs in Canada.
1. Africa has experienced renewed growth in its agricultural sector and rapid expansion of agricultural exports and imports.
2. Rising incomes, urbanization, and population growth in Africa have led to domestic demand growing faster than production, resulting in an increasing agricultural import gap.
3. There is substantial potential to expand intra-African agricultural trade, but this requires removing numerous local barriers to trade. Rapidly transforming value chains and growth of a nascent processing sector will determine future trade patterns on the continent.
This document discusses the concept of globalization and its impact on international trade. It defines globalization as the growing economic interdependence between countries through increasing cross-border transactions and flows of goods, services, and capital. The key features of globalization discussed include operating and planning business globally and considering the entire world as a single market. The document also outlines some benefits of globalization like improved living standards and lowered costs, as well as challenges like job mobility and loss of cultural identity. It examines how globalization has impacted areas like economic output, wealth distribution, and development.
The document discusses India's foreign trade policies and performance. It summarizes that while India's share of global exports is only 0.8%, the government has implemented various policies and institutions to promote trade. These include liberalizing trade procedures, focusing on export orientation, and providing lines of credit and financing through institutions like Exim Bank. The document also analyzes sectors like agriculture, textiles and services that have potential for growth in exports. It recommends further reducing transaction costs and simplifying trade processes to achieve the goal of doubling India's share of global trade by 2009.
1) Intra-regional trade in Africa has more than doubled from the 1990s to the 2000s, especially in food calories. However, Africa still relies heavily on imports from outside the continent to meet basic food demand.
2) Reducing trade barriers like tariffs within African trade blocs could increase intra-African agricultural trade by over 57% in the next decade, helping Africa satisfy more of its food needs from within the continent.
3) For intra-African agricultural trade and food security to improve further, issues like infrastructure bottlenecks, non-tariff barriers, and uneven benefits of regional integration must still be addressed.
In this presentation, we will discuss International Marketing Environment, the important factors that affect the environment, various trade barriers protecting domestic industries from foreign competitions and types of commodity agreement. Also state trading, role of GATT and other international trading aspects will be discussed in details.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Google+ is Google's latest attempt at a social networking site (SNS) to compete with Facebook and Twitter. It allows users to organize their contacts into circles and share posts selectively with different circles, similar to relationships in real life. Users can also follow others and see their posts without approval, similar to Twitter. The site gained over 10 million users within its first 3 weeks of beta launch and seems to be more successful than Google's previous SNS attempts. It combines features of Facebook for personal connections and Twitter for broader information sharing.
The document provides information for military families on various topics including preparing for natural disasters, a mobile application for Navy resources, children and deployment activities, and assistance for veterans transitioning to civilian life. It also highlights the American Red Cross and their support for military members and families.
The document discusses the potential for progress in concluding the Doha Round of trade negotiations in 2011. Leaders of the G20 and APEC declared 2011 a critical window of opportunity to complete the Round based on progress already achieved. However, concluding the Round will depend on generating political will for compromise among major WTO members. The WTO Director General has outlined an intensive negotiating schedule for January-March 2011 aimed at resolving the remaining 20% of issues. CARICOM states will need to carefully monitor negotiations to ensure their key interests are preserved as new draft texts are produced. The document identifies some of CARICOM's key interests in outstanding issues like agriculture market access and the special safeguard mechanism.
El documento describe varias situaciones en las que Dios puede estar detrás de eventos aparentemente casuales o soluciones inesperadas a problemas, como hacer algo bueno por alguien querido, sentir paz en medio de la tristeza, recibir algo maravilloso no pedido, encontrar una solución a un problema difícil, o sentir consuelo y esperanza cuando se está cansado de la vida. Insta al lector a dejar que Dios toque su corazón y compartir el inmenso amor de Dios con todos, ya sean amigos, familiares o descon
Family Connection is a publication of the Fleet and Family Support Program. The Navy's Fleet and Family Support Program promotes the self-reliance and resilience of Sailors and their families. We provide information that can help you meet the unique challenges of the military lifestyle.
FITT Toolbox: Collaboration Setup for ResearchFITT
MyBBT and the Coconut project is about the implementation of a company-wide extranet and knowledge sharing platform. The goal of the platform is to facilitate easy communication and collaboration between internal and external parties and consists of various collaborative tools such as document sharing, versioning, discussion boards etc. The document describes not only the technical aspects of such an implementation, but also the techniques used during the project to receive maximum user feedback and broad user adoption.
www.FITT-for-Innovation.eu
The document summarizes trade data on the global and CARICOM baked goods industry. It finds that while global baked goods imports grew 12% annually between 2001-2009, CARICOM's exports grew more slowly at 9% annually, indicating the region is losing global market share. In 2009, Trinidad and Tobago was the top CARICOM exporter of baked goods, generating 64% of regional exports. The US was the top export market for CARICOM baked goods. The document recommends CARICOM bakeries internationalize further by utilizing existing trade agreements to reduce barriers and expand into new dynamic markets.
1) Global nutmeg imports reached $120 million in 2009, a 6.2% average annual growth since 2001. The top importers were Germany, USA, Netherlands, Vietnam, and Singapore.
2) CARICOM nutmeg exports generated $3.5 million in 2009, down from $13.7 million in 2001, losing global market share. Grenada was the main exporter.
3) CARICOM nutmeg prices were 60% higher than the global average in 2009, hurting competitiveness. Diversifying into value-added products could help address challenges in production and prices.
- CARICOM exporters benefit from various trade agreements that provide duty reductions or relief for exports to markets like North America, the EU, and some Latin American and Caribbean countries. However, agreements with countries like Costa Rica and Cuba have not yet been implemented.
- In 2006, CARICOM merchandise exports totaled US$19.1 billion, with the top exports being liquefied natural gas, aluminum oxide, crude petroleum oils, and anhydrous ammonia. The main export markets were the US, UK, Canada, France, and Germany.
- Between 2002-2006, CARICOM gained export market share in countries like China, Poland, Brazil, and India. However, there are no agreements with many
The document summarizes global and regional trade in sauces and mixed condiments. Globally, $8.1 billion was spent on imports in 2009, with the top markets being the UK, US, France, Germany, and Canada. For CARICOM, imports increased from $18 million in 2001 to over $27 million in 2009, while exports grew from $16 million to $34 million over the same period. The top CARICOM exporter is now Belize, followed by Jamaica and Trinidad & Tobago. Nigeria surpassed the US to become the main export market, accounting for over 1/3 of CARICOM sales. The document examines opportunities and challenges for CARICOM firms in this growing global industry.
This document discusses trade in fresh papaya, an area where some CARICOM countries have had export success. It finds that while global fresh papaya import growth has been slow in recent years, some countries like Portugal have shown more dynamic growth. For CARICOM, Belize is the top exporter, accounting for 85% of regional exports in 2010, though its exports have contracted in recent years. Prices of CARICOM exports are generally higher than global averages, indicating potential inefficiencies. The largest import markets of the US and Canada offer opportunities, but CARICOM countries will need to improve competitiveness.
Antigua and Barbuda has experienced a severe contraction in merchandise exports over the past decade while imports have expanded dramatically, leading to a rapidly growing trade deficit. Exports are highly concentrated in a few goods like ships and aircraft while imports rely heavily on fuels and come predominantly from China, Singapore, and the US. The country also runs a surplus in trade in commercial services, driven mainly by tourism, but remains reliant on foreign markets with few regional trade partners.
The document summarizes trade data on the cigarette industry in the Caribbean region (CARICOM). It finds that while international cigarette trade is growing globally, intra-regional cigarette trade within CARICOM is low compared to other imports. CARICOM cigarette exports are primarily sold within the region at prices below the world average, with the main market being Jamaica. The region does not currently export significantly to major global import markets for cigarettes. The trade deficit for cigarettes in CARICOM is growing as import spending increases faster than export revenues.
The document provides an overview of market opportunities in the Caribbean region, including the CARIFORUM bloc and French Caribbean Outermost Regions (FCORs). It outlines key country profiles and trade statistics, noting export opportunities for goods like manufactured products, agro-processing, and chemicals as well as services. It also discusses market access challenges and strategies for Jamaican companies to address barriers and promote exports within the Caribbean market.
The document summarizes global and CARICOM beer trade. It finds that while the global beer industry grew 11% between 2003-2007, CARICOM beer exports grew faster at 13% annually in that period. The top CARICOM beer exporters in 2007 were Jamaica, Trinidad & Tobago, and St. Lucia. Most regional trade agreements do not remove tariffs on beer trade. Exports to dynamic import markets like Russia and Brazil would face significant tariffs without trade agreement access.
The Caribbean Community (CARICOM) is celebrating its Fortieth Anniversary as a regional integration grouping this year. July 4th 1973 consolidated the Integration Movement with the establishment of the Common Market predicated upon economic integration, functional cooperation and foreign policy coordination. A critical element of the objectives of the community is the expansion of trade intra-regionally and with third states.
Changes in the global environment that have occurred during the past forty years would have had some measure of impact on the performance of the integration movement including trade performance. This presentation serves to examine that performance. (Website - www.caricomstats.org)
The document discusses trade in mineral and aerated waters globally and within CARICOM. It finds that while global trade in these products has grown significantly over the past decade, CARICOM's share of exports has remained low at around 1% and the region has transitioned from a trade surplus to a trade deficit as imports have grown faster than exports. Trinidad and Tobago dominates CARICOM exports but production is concentrated and import dependence is increasing as regional producers struggle with international competitiveness.
The document summarizes global trade in cheese and curd. It finds that in 2011, global cheese and curd imports totaled $27.4 billion, with Germany accounting for over 15% of imports. The top 10 importing countries jointly accounted for 63.3% of global imports. While global import spending grew 4% annually from 2007-2011, some individual countries like Israel and Brazil saw above average growth. The US imposed the highest average tariffs on cheese and curd imports at over 17%. The document then analyzes cheese and curd exports from CARICOM countries, finding that exports have declined in recent years and are concentrated in a few markets like the US. Jamaica dominates CARICOM exports, though prices are higher
Similar to OTN - Private Sector Trade Note - vol 16 2010 (20)
The document is the 2014-2015 Global Competitiveness Report published by the World Economic Forum. It was edited by Professor Klaus Schwab and Professor Xavier Sala-i-Martín. The report assesses the competitiveness of various countries and economies based on the Global Competitiveness Index and data from the Executive Opinion Survey. It acknowledges contributions from various partner institutes that provided important support and data.
The 2014 Annual Report is split into three main sections. The first contains a message from the WTO Director-General. The second section provides a brief overview of 2013 and some background information on the WTO, while the third has more in-depth information.
This document provides an overview of the 20th anniversary of the Association of Caribbean States (ACS), which was established in 1994 to promote cooperation among countries in the Greater Caribbean region. It discusses the ACS's origins, achievements over its first two decades, and priority areas of focus going forward such as expanding trade and investment, reducing disaster risks, sustainable tourism, and regional transportation connectivity. The ACS Secretary-General highlights progress made in 2013, including ratification of agreements and approval of projects, and looks ahead to the upcoming 6th Summit in Mexico to further consolidate cooperation efforts across the region.
The European Commission’s assessment of the likely benefits of the Transatlantic Trade and Investment Partnership
(TTIP) is based on analysis carried out by the Centre for Economic Policy Research, a leading
independent pan-European economic research organization. Given the significance of TTIP, this analysis
has been widely discussed in policy debates, in the press, on social media. The material provided in this
document attempts to answer some of the questions that have been raised in those contexts.
The Office of the United States Trade Representative (USTR) is responsible for the preparation of this report. U.S. Trade Representative Michael Froman gratefully acknowledges the contributions of all USTR staff to the writing and production of this report and notes, in particular, the contributions of Brittany Bauer, Colby Clark, and Michael Roberts. Thanks are extended to partner Executive Branch agencies, including the Environmental Protection Agency and the Departments of Agriculture, Commerce, Health and Human Services, Justice, Labor, State, and Treasury. In preparing the report, substantial information was solicited from U.S. Embassies around the world and from interested stakeholders. The draft of this report was circulated through the interagency Trade Policy Staff Committee. March 2014Wto2014 0918a
This document discusses trade between the CARICOM region and Ghana. It finds that while CARICOM exports a modest amount to Ghana, totaling $26.8 million USD in 2012, the trade is inconsistent and concentrated in a few products like ceramics, fish, and chemicals. Ghana's economy has grown around 6% annually in recent years due to its oil, gas, agriculture and services sectors. The document recommends CARICOM explore opportunities in Ghana's growing market, as some companies like GraceKennedy have already begun operations there.
The document discusses a meeting of the Council on Trade and Economic Development (COTED) of the Caribbean Community (CARICOM) that recognized the need to address the link between trade policies, diet, and obesity in the Caribbean region. The COTED established a working group to prepare for a joint meeting in 2014 on these issues. The working group is coordinated by the Caribbean Public Health Agency, the Office of Trade Negotiations, and CARICOM. The collaboration aims to develop effective strategies to address non-communicable diseases related to poor dietary intake. The document summarizes research finding that international trade has reduced the costs of energy-dense foods high in sugars and fats, making these diets more affordable and contributing to obesity
This guide helps businesses take advantage of the WTO Trade Facilitation Agreement. The agreement simplifies customs procedures, allowing businesses to become more competitive. This jargon-free guide explains the provisions with a focus on what businesses need to know to take advantage of the agreement. It will also help policy makers identify their needs for technical assistance to implement and monitor it. - See more at: http://www.intracen.org/wto-trade-facilitation-agreement-business-guide-for-developing-countries/#sthash.UA1o6V3G.dpuf
The document summarizes the Common External Tariff (CET) structure used by CARICOM member states. It describes how the CET categorizes products as either inputs into production or final goods. These products are then further divided into competing or non-competing based on whether regional production meets 75% of regional demand. Several categories of products are given special treatment in the CET rates, including selected exports, agriculture, agricultural inputs, safety items, cost of living sensitive goods, socio-economic/cultural goods, and revenue generating items like alcohol and cigarettes.
This Working Paper was published by United Nations University Maastricht Economic and social Research Institute on Innovation and Technology (UNU-MERIT). It seeks to provide insights about the main characteristics of innovative firms and to gather new evidence with regard to the nature of the innovation process in the Latin American and Caribbean region. This Paper analyses data from a number of CARICOM countries.
The Caribbean Community Regional Aid for Trade Strategy 2013-2015 aims to help CARICOM member states overcome constraints to competitiveness and trade expansion through three strategic goals: 1) Upgrading key economic infrastructure, 2) Enhancing competitiveness and trade diversification, and 3) Deepening regional integration and maximizing gains from trade agreements. The strategy identifies priority areas and "anchor" projects to achieve these goals in maritime transport, ICT, energy, trade facilitation, and private sector development. It also categorizes activities as regional, national-regional, or national to coordinate aid for trade efforts across the Caribbean.
Details for persons who are interested in attending the Caribbean Festival of the Arts (CARIFESTA) scheduled for Suriname from 16-25 August 2013 under the theme “CULTURE FOR DEVELOPMENT, Celebrating our Diversity and Promoting the Central Role of Culture in Economic, Social and Human Development”
The Caribbean Community Secretariat is seeking to fill the position of Technical Advisor in Investment and Private Sector. The position is based in Barbados and requires a candidate with at least a Master's degree and 5 years experience in investment promotion, business development, or related trade matters. Key responsibilities include providing technical support and advice on investment, serving as a liaison to private sector stakeholders, conducting research and analysis, and representing CARICOM at various meetings. The position offers an attractive remuneration package including education grants for dependents and relocation assistance.
This document celebrates the 40th anniversary of CARICOM (Caribbean Community). It contains speeches and articles from political leaders and experts reflecting on the progress and achievements of CARICOM over the past 40 years as well as the continued importance of Caribbean integration and cooperation going forward. Key points made include that CARICOM has advanced economic integration, functional cooperation, and the vision of a unified Caribbean community despite ongoing challenges. The document encourages continuing efforts to deepen regional integration to address global issues and take advantage of opportunities through a shared Caribbean identity and destiny.
OTN UPDATE is the flagship electronic trade newsletter of the Office of Trade Negotiations (OTN). The newsletter provides analyses of international trade policy issues and developments relevant to the Caribbean. It focuses on the OTN's work, trade negotiation topics within its mandate, and related activities. The intention is to provide stakeholders awareness of important trade policy changes affecting the Caribbean.
The document discusses innovation emerging as a new frontier in multilateral trade cooperation at the WTO. It notes that as knowledge and creative economies grow, countries are increasingly concerned with the link between innovation, trade performance, and competitiveness. While intellectual property protection is important, innovation depends on broader factors. The prospects for multilateral trade cooperation expanding beyond reducing barriers to
The Panel on Defining the Future of Trade was established in 2012. The Panel was mandated to: “….examine and analyse challenges to global trade opening in the 21st century” against the background of profound transformations occurring in the world economy, looking “at the drivers of today’s and tomorrow’s trade, […] at trade patterns and at what it means to open global trade in the 21st century, bearing in mind the role of trade in contributing to sustainable development, growth, jobs and poverty alleviation.” This is the Report of the Panel.
The document provides an overview of trade between the CARICOM region and the European Union (EU27). Some key points:
- CARICOM's exports to the EU27 grew by 11.8% annually from 2002-2011, compared to 10.2% annual growth in EU imports overall. However, CARICOM only accounted for 0.1% of the EU27's total import spending.
- The top CARICOM exports to the EU27 in 2011 included liquefied natural gas, cargo vessels, light petroleum distillates, and semi-manufactured gold. However, some major exports like raw cane sugar, aluminum oxide, and rum have not been growing in the EU27 market.
More from Office of Trade Negotiations (OTN), CARICOM Secretariat (20)
1. A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN) of the CARICOM
+ Secretariat
Private Sector
Trade Note
CARICOM’s
Export Overview
CARICOM TRADE focuses on the region’s performance in
PERFORMANCE the area of trade in goods as the Between 2001 and 2008, merchandise
information is most readily available. exports have been more dynamic than
The Caribbean Common Market In 2008, exporters in CARICOM merchandise imports. Between 2001 and
(CARICOM) is an almost 40 year old free generated US$34.3bn in both intra- 2008, merchandise export sales have
trade and economic bloc comprised of regional and extra-regional sales. There grown by 19.8% per annum, whilst
most of the English speaking islands of were about 1,260 tariff lines recording merchandise import spending expanded
the Caribbean along with Haiti, Suriname over US$100,000 in 2008 showing the by 16.4% per annum. However, the trade
and Belize. The establishment of breadth of export activity. Simultaneously, deficit still expanded by on average 4.5%
CARICOM facilitates various international the region’s importers spent almost per annum between 2001 and 2008 to
business possibilities including trade in US$40bn on both intra-regional and extra record US$5.6bn in 2008 (see figure 1).
goods and services as well as cross- regional imports (see figure 1).
border investment. This trade note International merchandise trade
opportunities are not being exploited
homogenously across CARICOM. In
2008, the dominant regional exporter and
importer was Trinidad & Tobago. Trinidad
& Tobago accounted for circa 70% of total
export sales and over a quarter of import
spending in 2008.
Trinidad & Tobago, along with Jamaica,
Suriname and Guyana accounted for
almost 90% of total merchandise exports
in 2008. Similarly, these four member
states accounted for almost 60% of total
merchandise imports in 2008 (see figure
2).
www.crnm.org
2. This shows that CARICOM trade is Between 2004 and 2008, the most dynamic USA accounted for over one third of the
concentrated in these territories with importing member states were St. Lucia region’s total sales. Other top markets
the smaller Organisation of Eastern (average import growth rate of 87% per included Nigeria, India, Spain and the
Caribbean States (OECS) annum); Antigua & Barbuda (36%); Suriname Netherlands, jointly accounting for almost
understandably playing a smaller role. (22%); Guyana (21%) and Jamaica (20%). 58% of merchandise export sales (table 1).
However, it is interesting to note that The most dynamic exporters between 2004 It will be interesting to see whether these
the OECS territories play a more and 2008 were Trinidad & Tobago (28% exports are maintained in 2009 when that
significant role in merchandise import growth per annum between 2004 and 2008); data becomes available.
spending than merchandise export the Bahamas (22%); Barbados (17%) and
earning, with smaller member states Jamaica (16%). Interestingly CARICOM’s exporters are
such as St. Lucia and Antigua and penetrating Nigeria, India and Spain with
Barbuda jointly accounting for over 14% some dynamism (see table 1). This signals
of import spending in 2008. This fact CARICOM EXPORT PROFILE a real change in the top five export
crudely indicates that there are markets when compared to 2001 when the
opportunities for import displacement The USA remained the region’s top export USA, UK, Canada, France, and Germany
even in some of the smaller member market between 2001 and 2008. In 2008, were the dominant export markets for
states which are largely being exploited CARICOM merchandise export sales to the CARICOM firms. Between 2001 and 2008
by import activity, and more interesting, the most dynamic export markets for
mainly extra-regional imports. CARICOM included India (134.2%
average annual growth in export sales
between 2001 and 2008); Maldives
(130.5%); Slovakia (126%); Nigeria
(107%); Azerbaijan (90%); Singapore
(86%); Chinese Taipei (85%); Albania
(84%); Turkey (82%) and Indonesia (71%).
CARICOM’s merchandise export sales are
spread relatively evenly over the range of
products that are exported1. However,
between 2005 and 2008, there was some
reduction in product diversification1. This
essentially means that merchandise export
sales were less evenly distributed across
all the products that were exported in
2008.
CARICOM firms are also spreading their export
sales relatively evenly over geographical markets,
and in fact this spread has become more evenly
distributed over these markets between 2001 and
20081. It is also interesting to note that CARICOM
firms have greater product diversification than
market diversification which could signal that firms
are focussing more on product development than on
spreading export sales over a number of markets.
This could imply that the focus on product lines could
be complimented by seeking to tap into new
markets, as a focus on a few markets, even with a
diversified product line, could be short sighted as
export sales become vulnerable to the conditions in
a few markets.
CARICOM’s top 20 exports in 2008 were almost
exclusively in the resource based sectors of energy
and mining (Gold, iron/steel and aluminium based
www.crnm.org products) (table 2).
CARICOM’s fastest growing global merchandise
3. exports between 2005 and 2008 CARICOM’s top 20 exports in 2008 were almost exclusively in the
included frozen rock lobster resource based sectors of energy and mining (Gold, iron/steel and
(2,292% growth per annum); aluminium based products)
saturated acyclic monocarboxylic
acids (1,849%); bars/rods of alloy
steel (1,803%); womens/girls suits
of cotton, not knitted (1,741%);
paper, household/sanitary rolls of a
width >36cm (1,741%); unwrought
silver (1,309%); crude soya bean oil
(849%); hulled, pearled, sliced or
kibbled maize (783%); soya bean
flour and meals (740%); hop extract
(709%); hydraulic cements (630%)
and cardamoms (619%).
CARICOM firms are facing
challenges in penetrating the intra-
regional market capturing only 10%
of total import spending in 2008
(table 3). Intra-regional
merchandise exports are however
dynamic, expanding by over 20%
annually between 2005 and 2008.
Need More Information on
Private Sector Trade?
|www.crnm.org
Readers are invited to suggest
topics of interest for future trade
www.crnm.org notes.
4. As was the case for global
trade, energy products were
the dominant export within
CARICOM in 2008, and there
is no evidence to project any
change in this phenomenon as
between 2005 and 2008 sales
of light petroleum distillates,
aviation spirits and liquefied
butanes grew faster than the
average growth rate for total
intra-regional exports, which
could indicate even greater
intra-regional dominance of
these products.
Notwithstanding this dynamic,
there were other products
which exhibited intra-regional
dynamism between 2005 and
2008. The most dynamic intra-
regional exports included
maize seed (1104% growth
per annum); lubricating oil
additives (1014%); electric
conductors for a voltage >
1000 volts (253%); tin articles; global economic crises seem to abate.
cane molasses (71%); husked
brown rice (37%); cigarettes At the other extreme, products “retreating” from
containing tobacco (30%); intra-regional exports include refined petroleum oils
fowls (gallus domesticus) cuts (-33% growth per annum); refined soya bean oil (-
and offal, frozen (28%); 12%); raw sugar cane (-36%); surface active preps
mixtures of juices (49%); for washing and cleaning (-29%); insecticides
animal feed (28%); sweet (48%); upholstered seats with wooden frames (-
biscuits (40%); hydraulic 28%); and frozen fish fillets (-45%). Not all of these
cement; gypsum anhydrite products may qualify for duty free treatment within
(92%); shelled cashew nuts CARICOM as duty relief depends on qualifying
(364%); aluminium sulphate under the rules of origin. These products require
(77%); waffles and wafers some investigation as to the reasons for their
(50%) and cement clinkers market regression. The CARICOM Standard
(324%). Firms exporting these
products may now need to
examine extra-regional *********************
markets to compliment their
intra-regional sales as the
_____________________
1
As measured by the normalised Herfindahl‐H index. The H index measures the spread of the product Produced by the OTN Information Unit, 2009
groups and a H Index close to 0 implies that each product group contributes a statistically similar share of the
total merchandise export sales (and vice versa). Only products with minimum total CARICOM merchandise DIRECT ALL COMMENTS OR QUERIES
export sales of US$100,000 were included in this analysis TO:
1
As the H Index increased marginally from 0.078 to 0.09 Mr. Lincoln Price
Private Sector Liaison
1
In 2001, the H index for export markets was 0.21, and this declined to 0.14 in 2008 (see figure 3). lincoln.price@crnm.org
www.crnm.org