![](https://bes-reporter.com/wp-content/uploads/sites/6/2017/09/greenhouse-Statia-klein.jpg)
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.
Meer News
-
Advertisement
Traveling abroad?
-
Airlift
Curaçao Seeks ‘Level Playing Field’ for Local Airlines
-
Events
First Edition of Bonaire by Night on Friday, August 2
-
Bonaire
Edsel Winklaar appointed interim director at Selibon N.V.
-
Airlift
Aruba speaks to Gol Airlines about Brazil market expansion
-
Healthcare
1,500 healthcare professionals trained in acute care by Caribbean Health Academy
-
St. Eustatius
Empowering Girls: Mega D Youth Foundation hosts inspiring session with Miss Mature Shomica Griffith
-
Saba
Saba executes climate change survey among residents
Meer News
-
Advertisement
Traveling abroad?
-
Airlift
Curaçao Seeks ‘Level Playing Field’ for Local Airlines
-
Events
First Edition of Bonaire by Night on Friday, August 2
-
Bonaire
Edsel Winklaar appointed interim director at Selibon N.V.
-
Airlift
Aruba speaks to Gol Airlines about Brazil market expansion
-
Healthcare
1,500 healthcare professionals trained in acute care by Caribbean Health Academy
-
St. Eustatius
Empowering Girls: Mega D Youth Foundation hosts inspiring session with Miss Mature Shomica Griffith
-
Saba
Saba executes climate change survey among residents