CARIFORUM and UK EPA Study

7.9 CARIFORUM’s International Trade in Services

i. Cross regional comparison of overall services trade within CARIFORUM Ta shyem md aettar i easvianihl aebr leen t owni t hCi nA Rt hI Fe Or Re gUi oMn’ s, wiint ht etrhnea tt oi ot na lasl e rtvr ai cdees eixnp osret sr voi fc ea sl l l ec sosndf ier vmesl o pt eh de countries 45, over the 12-year period (2008-2019) combined, representing just under a third (( UU SS $$ 28 97 . 4b ibl liilol ino)n )o, fwt hh ai ct hoaf ctchoeu nr et eg di o fno’ rs ol avregre3s 7t %s e rovf i tchees reexgpi oo rnt’ es rt o–t at lh see Dr voi mc eisn ei cxapno rRt es paut bt hl i ec ee nx pd oor tf s 2o0v1e9r . t hAet ptehrei osda mw ea st immuec, ht hl oewt eo rt atlh va anl uweh ao tf wt haes lreescso rddeevde l foopreidn dciovui dnut railees c’ os ne or vmi ci ee ss such as The Bahamas (US$35.4 billion) and Jamaica (US$37.1 billion). Table 23: Total services exports to the world (2008-2019) – US$ Millions

Total Services Exports to the World (2008-2019) - US$Millions

CARIFORUM State Antigua and Barbuda

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2008-2019

560

511

478 482

483

465

929

949

993

953 1,114 1,157

9,074

Bahamas Barbados

2,534 2,351 2,494 2,494 2,691 2,671 2,725 2,896 3,400 3,258 3,738 4,094 1,519 1,415 1,332 1,298 1,289 1,458 1,378 1,419 1,414 1,296 1,363 1,503

35,346 16,684 5,689 1,934 4,136 2,591 6,808 4,200 7,914 2,367 2,435 87,401 37,121

Belize

387 113 167 212 427 166 364 153 284 937

344 111 152 170 483 137 353 139 287 765

354 340 137 155 153 159 248 298 453 544 150 175 370 381 138 139 241 201

407 122 164 298 549 194 392 140 175

448 129 163 165 652 236 409 141 178

494 234 432 181 701 529 826 206 207

496 221 467 145 724 496 867 238 191

526 232 485 240 623 479 830 256 185 956

581 191 537 206 535

626 141 607 197 700

686 148 650 231 417

Dominica

Dominican Republic

6,876 6,293 5,455 5,828 6,145 6,412 7,054 7,542 8,309 8,857 9,284 9,346

Grenada Guyana

Haiti

Jamaica

2,795 2,651 2,634 2,620 2,756 2,755 2,952 3,059 3,216 3,519 3,828 4,336

Saint Kitts and Nevis

479

572

587

Saint Lucia

942 1,077 1,103

Saint Vincent and the Grenadines

250 158 979

276 171 813

291 157 772

Suriname

At the individual country level, the DR remained the dominant services exporter, followed in aB adri sbtaadnot ss e( 1c o9 n. 1d%b)y aJ na md Ta irci an, i ad ta lde sasn tdh Ta no b4a3g%o ao tf jt uh set DuRn ’ds et ro t1a4l ,%t h. eGnubyya Tn ah ea nB da hSaumr i ansa (m4 e0 .w4 %e r)e, 12,219 CARIFORUM's Total Services Exports 17,494 16,162 15,511 16,223 17,093 17,519 20,212 20,835 22,144 22,741 24,507 25,478 235,919 Source: WTO Statistical Database Trinidad and Tobago 874 1,109 1,288 1,237 1,364 1,125

45 These include Antigua and Barbuda, Belize, Dominica, Grenada, Haiti, St. Kitts and Nevis, St. Lucia and St. Vincent and the Grenadines.

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