Kralendijk/Oranjestad (St. Eustatius)- In 2018, the trade deficits of Bonaire and Saba rose while the deficit of St Eustatius declined. Statistics Netherlands (CBS) reports this based on newly released figures.
The Caribbean Netherlands has a structural trade deficit. This means that the value of imported goods exceeds the value of exported goods. Domestic production of goods is relatively low on the islands.
Statia’s trade deficit below 50 million US dollars
In 2018, imports exceeded exports by 47 million US dollars on St Eustatius. This trade deficit was 10 percent down on the previous year but still larger than in 2014. The import value fell by 7 percent to 51 million US dollars, while the export value rose by 59 percent to nearly 4 million US dollars.
The CBS report does not mention what exactly contributed to higher exports.
More News
-
St. Eustatius
Exciting Historical Kids Treasure Hunt unveils Oranjestad’s rich heritage
-
Jobs
Vacancy Fire Chief Sint Maarten
-
Bonaire
Qredits Bonaire launches sustainability loan for small businesses on BES Islands
-
Bonaire
Open day population screening Caribbean Netherlands
-
St. Eustatius
AFRO Magazine ‘Statia Edition’ draws broad enthusiasm
-
Bonaire
Bonaire looks back on successful Regatta
-
St. Eustatius
Drunk driver on St. Eustatius has license revoked
-
Advertisement
Sign up for your digital invoice and payment confirmation by email
More News
-
St. Eustatius
Exciting Historical Kids Treasure Hunt unveils Oranjestad’s rich heritage
-
Jobs
Vacancy Fire Chief Sint Maarten
-
Bonaire
Qredits Bonaire launches sustainability loan for small businesses on BES Islands
-
Bonaire
Open day population screening Caribbean Netherlands
-
St. Eustatius
AFRO Magazine ‘Statia Edition’ draws broad enthusiasm
-
Bonaire
Bonaire looks back on successful Regatta
-
St. Eustatius
Drunk driver on St. Eustatius has license revoked
-
Advertisement
Sign up for your digital invoice and payment confirmation by email