Enhancing India CARIFORUM Economic Relations and Prospects for Cooperation

Table 6: CARIFORUM Exports- Major Partners

Total Exports 2019 (US$)

Top 5 Export Destinations

Share in 2019 (%)

Exporter

USA Haiti

56.1

8.2 7.9 4.2 3.5 6.3 6.2 8.2 3.2

Dominican Republic

9,963.50

Switzerland

India

Canada

USA

32.9

Spain China

Trinidad and Tobago

11,021.20

Guyana

Netherlands

Trinidad and Tobago

32.2 12.2 11.1

Canada Portugal Ghana Norway

Guyana

3,842.20

8.4 6.3

UAE

36.7 31.8

Belgium

Suriname

1,461.00

Switzerland

6.4 2.5 1.9

Guyana

Brazil

USA

27.6 26.6

Poland Ecuador

Bahamas

1,544.20

7.5 5.1

China Japan

4

Source: ITC Trademap; India Exim Bank Analysis

Top Import Sources Similarly, the top import source for the region was the USA, with a substantial share of 46 percent in the total imports in 2020. USA was followed by China (12 percent share

22

Enhancing India-CARIFORUM Economic Relations and Prospects for Cooperation