Download Anguilla: International Merchandise Trade Statistics Summary

Anguilla: International Merchandise Trade Statistics Summary
November 2003
Imports to Anguilla continued to show strong increases in November, continuing the trend, which
started in September 2003. Imports for the month of November increased by 29% compared to
November 2002. Total value of merchandise imports was recorded at EC$20.7 million in comparison to
EC$ 16.0 million for 2002. November this year was the third month in which imports were significantly
higher than the corresponding months of 2002. The primary sources of this increase were in imports of
Consumption Goods mainly of Miscellaneous Manufactured Articles, and of Manufactured Goods
Classified Chiefly by Materials. Mineral Fuels, Lubricants and Related Materials and Machinery and
Transport Equipment also contributed significantly to the overall increase in imports for the month.
For the first eleven months of the year, imports increased 9.9% with strengthening starting in September.
Consumption Goods imports increased by 38.6% in November 2003 compared to November last year.
The main sources of this increase were Miscellaneous Manufactured Articles, which increased by 81.6
% and Manufactured Good Classified Chiefly by Materials, which experienced a 43.7 % increase over
2002. The Miscellaneous Manufactured Articles category includes air conditioners, lighting fixtures,
clothing, bedroom and kitchen appliances. Manufactured Goods Classified Chiefly by Materials
includes tyres, rods, tiles, and sheets of plywood. The large increases in these two categories may have
been due to stocks being run down over the past two years and increased demand this year for
redecorating and refurnishing for the Christmas season.
Primary Goods imports increased by 8.6% in November 2003 compared to November 2002. Crude
Material, Inedible, except Fuels decreased dramatically by 63.4%. In contrast, Mineral Fuels,
Lubricants and Related Materials, which includes petroleum gas, liquefied propane and other gases
increased by an even more dramatic 158 %. The balancing effect of the movement in these two
categories of Primary Goods was the modest 8.6 % increase in Primary Goods.
Capital Goods imports consisting of the single category, Machinery and Transport Equipment increased
by 20.5 % in November 2003 over the same month in 2002.
The overall spending picture of the economy suggested by these import figures is that consumption
activity currently outstrips investment activity.
The total year to date figure for Exports is EC$11,014,331. Exports for this reporting period were
valued at EC$499,942, a 6.5% increase from November 2002. Domestic exports accounted for 62.7%
of the overall exports for November 2003. It should be noted that overall exports include goods, which
were previously imported into Anguilla. Rum exports totaling $266,000 accounted for 53.3% of the
total exports for November. .
November 2003 recorded a trade balance of EC$20.2 million in deficit, a 29.5% increase in the deficit
compared to November 2002.
The Statistics Department takes this opportunity to thank all agencies which assisted with the production
of the International Merchandise Trade data during the past year and looks forward to continued
assistance in the coming year.
Seasons Greeting to all.
For more information, please feel free to contact the Statistics Department on 497-3901/5731 or visit our
website http://gov.ai/statistics/statistics.htm.
Imports by SITC November 2003
Category
0
1
4
6
8
9
10/2002
Food and Live Animals
Beverages and Tobacco
Animal and Vegetable Oils, Fats and Waxes
Manufactured Goods Classified Chiefly by Materials
Miscellaneous Manufactured Articles
Commodities and Transactions NES in SITC
% change
03/02
2,346,361
1,293,573
47,922
3,239,882
2,198,419
142,332
2,607,487
1,535,393
53,559
4,655,185
3,993,377
-
11.1%
18.7%
11.8%
43.7%
81.6%
0.0%
9,268,489
12,845,001
38.6%
1,011,577
517,647
1,118,621
370,382
1,335,620
1,169,786
-63.4%
158.0%
4.6%
Sub-Total
2,647,845
2,875,788
8.6%
7
4,164,780
5,019,332
20.5%
16,081,114
20,740,121
29.0%
Consumption Goods Sub-Total
2
3
5
Primary Goods
10/2003
Crude Materials, Inedible, except Fuels
Mineral Fuels, Lubricants and Related Materials
Chemicals and Related Products NES
Machinery and Transport Equipment
Capital Goods
TOTAL
November 2003 International Merchandise Trade Statistics (EC$ M)
November
IMPORTS
EXPORTS
BALANCE (E-I)
2001
16,026,311
1,245,634
(14,780,677)
2002
16,081,114
469,598
(15,611,516)
2003
20,740,121
499,942
(20,240,179)
% Change
02/03
29.0
6.5
29.6