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    Antigua and Barbuda's top export is refined petroleum, mainly to Suriname, Barbados, and France. Other key exports include passenger and cargo ships, gas turbines, aircraft parts, and crustaceans, primarily to Poland, the United Kingdom, and Thailand. The country imports far more than it exports, with its top import being refined petroleum from the United States. Other major imports are ships and floating structures from Poland and China, as well as recreational boats, cars, and poultry meat from various countries including the US, Japan, Brazil, and Italy.

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    Antigua and Barbuda's top export is refined petroleum, mainly to Suriname, Barbados, and France. Other key exports include passenger and cargo ships, gas turbines, aircraft parts, and crustaceans, primarily to Poland, the United Kingdom, and Thailand. The country imports far more than it exports, with its top import being refined petroleum from the United States. Other major imports are ships and floating structures from Poland and China, as well as recreational boats, cars, and poultry meat from various countries including the US, Japan, Brazil, and Italy.

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    8 views3 pages

    Assignment 3-Sheppard

    Uploaded by

    Dejunae
    Antigua and Barbuda's top export is refined petroleum, mainly to Suriname, Barbados, and France. Other key exports include passenger and cargo ships, gas turbines, aircraft parts, and crustaceans, primarily to Poland, the United Kingdom, and Thailand. The country imports far more than it exports, with its top import being refined petroleum from the United States. Other major imports are ships and floating structures from Poland and China, as well as recreational boats, cars, and poultry meat from various countries including the US, Japan, Brazil, and Italy.

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    of 3

    Antigua and Barbuda Export 2021

    Product Country
    Refined Petroleum (55.8%) Suriname Barbados France Dominican
    (36.1%) (30%) (13%) Republic
    (10.6%)
    Passenger and Cargo Ships (13.4%) Poland (91.1%) Norway (8.86%)
    Gas Turbines (8.18%) United Kingdom (100%)
    Aircraft Parts (6.86%) Thailand (84.1%) UK (15.7%)
    Crustaceans (1.66%) China South USA France
    (73.8%) Korea (10.2%) (3.86%)
    (10.6%)
    Wheat (1.42%) Gambia (100%)
    Recreational Boats (1.35%) Germany Seychelles Barbados
    (71.2%) (26.5%) (2.3%)
    Rice (0.71%) Senegal (98.8%)
    Scrap Copper (0.69%) Chinese Taipei USA (32.5%) China (7.91%)
    (59.5%)
    Paintings (0.65%) USA (98.1)
    Source: The Observatory of Economic Complexity

    Exports = 209 M

    Top Export Refined petroleum $116 M

    Top Export country: Suriname $41.9 M

    Passenger and Cargo Ships ($27.9M), Gas Turbines ($17.1M), Aircraft Parts ($14.3M),
    and Crustaceans ($3.46M), exporting mostly to Suriname ($41.9M) Barbados ($35.4M),
    Poland ($25.6M), United Kingdom ($20.1M), and France ($15.4M).

    • I think the reason that refined petroleum is the top export is that my country has a large storage
    (West Indies Oil Co)
    • Antigua and Barbuda is known for its registry of ships, which means it provides a flag of
    convenience for ships. So I think that because of this many register their ships here and sell them
    so it would be registered as an export in my country’s trade. Also Known for the yacht charter
    and boat-building industry.
    Antigua and Barbuda Imports
    Product Country
    Refined Petroleum (37%) USA (78%) China Brazil Greece
    (7.12%) (5.03%) (3.57%)
    Ships and floating Structures (30.9%) Poland China (12.6%) Germany
    (79.5%) (6.07%)
    Recreational Boats (1.3%) UK USA Italy (18%) Finland
    (42.9%) (18.5%) (15.2%)
    Cars (1.04%) Japan USA Brazil South
    (30%) (15.4%) (14%) Korea
    (11.7%)
    Poultry Meat (0.96%) Brazil (56.9%) USA (42.6%)
    Metal Mountings (0.92%) USA (96%)
    Iron Structures (0.83%) China USA Italy Trinidad
    (59.3%) (9.46%) (8.85%) and
    Tobago
    (8.21%)
    Furniture (0.69%) USA China UK Italy
    (70.6%) (11.2%) (6.23%) (3.21%)
    Sawn Wood (0.66%) USA (84%) Honduras Finland
    (8.83%) (4.21%)
    Packaged Medicaments (0.61%) Barbados UK USA (11%) Trinidad
    (42.9%) (21.7%) and
    Tobago
    (3.87%)
    Source: The Observatory of Economic Complexity

    Imports = 1.15 B

    Top import Refined petroleum $428M

    Top import country: USA 483 M

    Ships and floating Structures ($356M), Recreational Boats ($15M), Cars ($12M), and Poultry
    Meat ($11M), importing mostly from United States ($483M), Poland ($284M), China ($110M),
    Brazil ($34.2M), and Trinidad and Tobago ($27.3M).
    • Even though we export refined petroleum Antigua and Barbuda has no native sources of oil or
    natural gas so importing it is necessary.
    • My country doesn’t have the technology to make certain ships and boats, but being an island
    they’re necessary especially to promote tourism.
    • Antigua and Barbuda is a third world country which means that we need to import way more
    than we are able to export

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