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

10/2002

10/2003

% change 03/02

Consumption Goods

 

 

 

 

0     Food and Live Animals

                  2,346,361

                2,607,487

11.1%

1      Beverages and Tobacco

                  1,293,573

                1,535,393

18.7%

4     Animal and Vegetable Oils, Fats and Waxes

                       47,922

                     53,559

11.8%

6     Manufactured Goods  Classified Chiefly by Materials

                  3,239,882

                4,655,185

43.7%

8     Miscellaneous Manufactured Articles

                  2,198,419

                3,993,377

81.6%

9     Commodities and Transactions NES in SITC

                     142,332

                            -  

0.0%

Sub-Total

                  9,268,489

              12,845,001

38.6%

Primary Goods

 

 

 

 

2      Crude Materials, Inedible, except Fuels

                  1,011,577

                   370,382

-63.4%

3      Mineral Fuels, Lubricants and Related Materials

                     517,647

                1,335,620

158.0%

5      Chemicals and Related Products NES

                  1,118,621

                1,169,786

4.6%

Sub-Total

                  2,647,845

                2,875,788

8.6%

Capital Goods

 

 

 

 

7       Machinery and Transport Equipment

                  4,164,780

                5,019,332

20.5%

 

 

 

 

 

TOTAL

                16,081,114

              20,740,121

29.0%

 

 

November 2003 International Merchandise Trade Statistics (EC$ M)

 

November

2001

2002

2003

% Change 02/03

 

 

 

 

 

IMPORTS

        16,026,311

         16,081,114

          20,740,121

29.0

EXPORTS

          1,245,634

              469,598

              499,942

6.5

BALANCE (E-I)

       (14,780,677)

        (15,611,516)

        (20,240,179)

29.6