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Imports down 22.6%, Exports fell 63.6% in the first Quarter 2021

St. John’s Antigua, February 3, 2022. The Statistics Division under the Ministry of Finance and Corporate Governance releases the International Merchandise Trade Bulletin for the First Quarter 2021.

IMPORTS

In the first quarter of 2021, Antigua and Barbuda total imports were valued at EC$ 330.5 million, a decrease of 22.6% when compared to EC$ 427.3 million for the same period in 2020 according to figures compiled by the Statistics Division.

This decline was largely due to a decrease in imports of Machinery and transport equipment 32.3%, Minerals fuels, lubricants and related materials 24.6%, Miscellaneous manufactured articles 30.2%, Food and live animals 15.1% and Manufactured goods classified chiefly by material 18.2%.

EXPORTS

Total exports decreased by 63.6% to EC$ 14.0 million during the period January to March 2021 when compared to EC$ 38.4 million for the same period in 2020.

PARTNER COUNTRIES

The overall decrease in imports from the top ten partners of Antigua and Barbuda was driven by United States of America 10.2%, China 43.4%, Japan 54.6%, Trinidad and Tobago 27.5% and United Kingdom 14.0%.

CARICOM TRADE

Imports from CARICOM countries during the first quarter of 2021 were valued at EC$ 27.6 million, a decrease of 24.6% when compared to EC$ 36.6 million for the same period in 2020.

Total exports to CARICOM countries declined by 18.1% to EC $4.2 million, when compared to EC $5.1 million for the same period in 2020.

 

Additional information on International Merchandise Trade is outlined in the International Merchandise Trade Bulletin. The First Quarter 2021 International Merchandise Bulletin is available at the Statistics Division website www.statistics.gov.ag or contact the Economic and Business Statistics Section Tel:1 (268) 562-7496 or 463- 5197, Email: info.stats@ab.gov.ag

First Quarter (2021) Trade Bulletin Publication

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