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Overview of SVG’s External Trade Patterns

Overview of SVG’s External Trade Patterns. Workshop on Services Trade Negotiations St Vincent, May 16-18, 2012 Ramesh Chaitoo rnmsts@yahoo.ca fc185627@skynet.be. Composition of SVG Services Trade (EC$ mill). SVG Services Exports 1993. SVG Services Exports 2009. SVG Services Imports 1993.

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Overview of SVG’s External Trade Patterns

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  1. Overview of SVG’s External Trade Patterns Workshop on Services Trade Negotiations St Vincent, May 16-18, 2012 Ramesh Chaitoo rnmsts@yahoo.ca fc185627@skynet.be

  2. Composition of SVG Services Trade (EC$ mill)

  3. SVG Services Exports 1993

  4. SVG Services Exports 2009

  5. SVG Services Imports 1993

  6. SVG Services Imports 2009

  7. SVG’s Services Trade Balance (EC$ millions)

  8. SVG’s Services Trade Balance(EC$ millions)

  9. SVG’s Merchandise Trade Balance(EC$ millions)

  10. SVG Merchandise Trade Balance

  11. SVG Overall Trade Balance (EC$ mill)

  12. TRADE IMPERATIVE • Net deficit on external account not sustainable • SVG not competitive in goods production or trade • SVG needs to develop and export new services – diversify from tourism dependence • Need new investment in services activities and policy measures to stimulate such

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