Anguilla Export Data

Anguilla's Import/Export Overview & Domestic Market Update

Imports & Exports

• Top Trade Partners: Anguilla primarily trades with the United States, the United Kingdom, and the Netherlands Antilles. These partners are crucial for both import and export activities.

• Top 5 Imports: 1. Machinery and transport equipment (50% of total imports), 2. Mineral fuels (15%), 3. Chemicals (10%), 4. Food and live animals (8%), 5. Raw materials and miscellaneous manufactured articles (7%).

• Top 5 Exports: 1. Fish and seafood (45% of total exports), 2. Beverages and tobacco (20%), 3. Vegetable products (10%), 4. Mineral products (10%), 5. Animal products (7%).

• Trade Balance: Anguilla typically experiences a trade deficit, importing more than it exports, primarily due to the high demand for machinery and fuel.

• Trade Policies: Anguilla’s trade policies are aligned with its British Overseas Territory status, reflecting both UK and local regulations that foster economic diversification and investment.

Domestic Market

• Consumer Spending: Consumer spending in Anguilla is influenced by tourism, with significant outlays on imported goods and services, which can fluctuate based on seasonal tourist arrivals.

• Inflation & Interest Rates: Inflation in Anguilla has been moderate, influenced by global commodity prices and the US dollar, to which the Eastern Caribbean Dollar (XCD) is pegged. Interest rates follow trends set by the Eastern Caribbean Central Bank.

• Supply Chain: Supply chains in Anguilla are vulnerable to global disruptions, particularly in the import of goods, which can affect local businesses and consumers, especially during hurricane seasons.

• Industry Performance: The tourism industry is the backbone of the economy, followed by fisheries and financial services. Recent efforts have been made to diversify into renewable energy and sustainable development.

Overall Outlook

Anguilla's economy, while facing challenges such as dependency on imports and vulnerability to external economic shocks, is poised for growth through strategic investments in tourism infrastructure and sustainable industries. The government's focus on economic diversification will be key to its long-term prosperity.