Enhancing India CARIFORUM Economic Relations and Prospects for Cooperation

in total imports in 2020), Brazil (3 percent), Japan (2 percent), Mexico (2 percent), and Colombia (2 percent). These top import sources together accounted for 65.1 percent of total imports in 2020 (Figure 6) .

Figure 6: CARIFORUM’s Top Import Sources, % Share 2020

Source: ITC Trademap; India Exim Bank Analysis

The following table (Table 7) presents the top import sources for the top five importing countries of the region, namely, Dominican Republic, The Bahamas, Trinidad and Tobago, Jamaica and Haiti.

Table 7: CARIFORUM Imports- Major Partners

Total Imports 2019 (US$)

Top 5 Import Sources

Share in 2019 (%)

Importer

USA

42.7 15.5

China

Mexico

4

Dominican Republic

22,202.30

Brazil Spain

3.5 3.4

USA

32.9

South Korea

6.3 6.2 8.2 3.2

Japan

Bahamas

10,680.60

Singapore

China

International Trade Scenario of the CARIFORUM Countries

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