CARIFORUM and UK EPA Study

ii.

The UK’s Main Bilateral Trade in Services Partners by Sector

Table 36: UK’s Main CARIFORUM Trade Partners by Sector (2008-2019)

CARIFORUM Countries' Percentage (%) Share of Total Trade in Services (Imports + Exports) with the UK (2008-2019)

Goods-related services

Manufacturing services on physical inputs

Maintenance and Repair Servies

Transport Services

Travel Services

Construction Services

Insurance and Pension Services

Financial Services

Charges for use of Intellectual Property

Telecoms, Computer and Information services

Other Business Services

Personal, Cultural and Recreational Services

Government Goods and Services

Total Trade in Services

CARIFORUM State Antigua and Barbuda

0

0 0 2 0 0 0 0 0 0 0 0 0 0 0

0

2.5 5.1 9.1 2.9 0.0 9.5 0.2

3.3

0.0

1.5 6.9 3.7 0.0 2.7 0.0 0.7 0.0 0.2 1.1 0.5 0.1 0.0 4.7

23.3 37.2

0.0

1.2 4.5 8.7 5.3 1.8

0.4

0.0 6.1 0.6 9.3 0.0 3.2 0.0 0.6 0.0 0.0 0.0 0.0

0

3.0

Bahamas Barbados

22.1 10.5

52.1 21.9

14.9 15.0

47.9

35.6 15.2 11.8

37.2 11.4

3.8 7.0

17.6 17.0

1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

77.9

1.1

Belize

1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.6 7.6

2.7 0.0 4.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.4

4.9 0.8 1.6 0.7 1.3 0.8 7.0 1.1 0.1 9.1

11.3

3.3 0.2 2.8 0.4

11.1

4.6 0.5 1.1 8.0 1.0 0.9 4.9 1.0 0.9

Dominica

0.0

0.0 2.1 0.0 5.5 0.0 0.3 0.0 0.0 0.0 0.0

0.9

Dominican Republic

58.1

98

19.1

16.2

16.3

54.1

13.9

Grenada Guyana

35.4

0.0 3.9 0.5 4.5 2.0 0.0 0.0 0.0 0.0

0.7

0

24.5

28.5

21.0

3.5 7.9 4.7 5.4 0.6

Haiti

0.9

1.2

0.1

Jamaica

11.3

20.3

21.2

11.0

39.4

15.5

Saint Kitts and Nevis

1.0 0.3 0.2 0.2

0.1 1.5 1.5 0.2 7.1

1.2 5.2 1.5 2.1 2.2

Saint Lucia

Saint Vincent and the Grenadines

0

Suriname

15.6

33.2

0.9

Trinidad and Tobago

17.8

32.1

0.0

29.6

7.6

0

10.1

Total CARIFORUM Trade with UK 100.0 Source: WTO Database/Author's Calculations.

100

100

100

100

100

100

100

100

100

100

100

100

100

Key:

First

Second

Third

The data on bilateral trade flows also establishes another interesting pattern in relation to both the intensity and extensity of the trade in services between CARIFORUM States and the UK. In the first instance, there were only a few countries that recorded active bilateral trade across all the sectors. This was particularly so for Barbados, which enjoyed active participation in all export services categories, which was followed by The Bahamas and the Dominican Republic, which, barring one sector, had almost total coverage. Major services providers such as Jamaica, however, had a more concentrated presence in the trade in services activities occurring between CARIFORUM and the UK, and was notably absent from the Goods related services sector, comprised of both Manufacturing and Maintenance and Repair services, as well as the Construction services sector. It is also notable that only in the case of the Travel services, Telecommunications, Computer and Information services and the Other business services categories did CARIFORUM register bilateral trading activity with the UK across all of its States, while on the other hand, the Construction, Manufacturing, and Maintenance and Repair services sectors recorded the least amount of bilateral trading activity between the two sides.

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