St. Vincent and the Grenadines - Foreign trade



St. Vincent and the Grenadines is highly dependent on foreign trade. From the agricultural sector, bananas (38%) and vegetables are major foreign exchange earners. Other exports include yachts, eddoes and dasheen (taro), arrowroot starch, and tennis racquets.

In 2000 the country's imports were distributed among the following categories: consumer goods, 18.0%; food, 25.8%; fuels, 9.6%; industrial supplies, 28.8%; machinery, 10.3%; and transportation, 7.5%.

About half (48%) of exports go to other Caribbean islands, and over one-third (38%) of imports come from the US. Principal trading partners in 2000 (in millions of US dollars) were as follows:

St. Vincent and the Grenadines

COUNTRY EXPORTS IMPORTS BALANCE
United Kingdom 18.9 13.9 5
Trinidad and Tobago 4.8 34.2 -29.4
Barbados 4.2 7.3 -3.1
St. Lucia 3.9 0.6 3.3
Antigua and Barbuda 2.8 n.a. n.a.
United States 1.3 61.8 60.5
Dominica 1.8 0.7 1.1
Canada 0.3 4.8 -4.5
Japan n.a. 6.0 n.a.
Guyana n.a. 3.6 n.a.

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