Antigua and Barbuda

In 2014, the value of merchandise exports of Antigua and Barbuda decreased substantially by 29.9 percent to reach 23.1 mln US$, while its merchandise imports decreased substantially by 22.9 percent to reach 391.6 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 368.5 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -192.5 mln US$ (see graph 4). Merchandise exports in Antigua and Barbuda were diversified amongst partners; imports were highly concentrated. The top 9 partners accounted for 80 percent or more of exports and 12 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Antigua and Barbuda increased slightly by 0.2 percent, reaching 482.5 mln US$, while its imports of services decreased slightly by 3.2 percent and reached 204.1 mln US$ (see graph 2). There was a large trade in services surplus of 278.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Antigua and Barbuda