Flag Antigua and Barbuda

Overview In 2020 Antigua and Barbuda was the number 185 economy in the world in terms of total exports and the number 183 in total imports.

Exports The top exports of Antigua and Barbuda are Passenger and Cargo Ships ($97.9M), Refined Petroleum ($20.1M), Gold ($3.57M), Rice ($1.63M), and Soybean Oil ($1M), exporting mostly to Poland ($95.4M), Dominican Republic ($18M), United Arab Emirates ($3.68M), Norway ($3.54M), and United States ($2.64M).

Imports The top imports of Antigua and Barbuda are Refined Petroleum ($201M), Passenger and Cargo Ships ($185M), Recreational Boats ($16.5M), Cars ($12.1M), and Poultry Meat ($8.94M), importing mostly from United States ($269M), Poland ($114M), China ($91.2M), United Kingdom ($26.9M), and Brazil ($23.1M).

Location Antigua and Barbuda borders France, Saint Kitts and Nevis, Anguilla, and Montserrat by sea.

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The following section uses the most recent trade data from partners of Antigua and Barbuda.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Passenger and Cargo Ships, $97.9M

Top Destination (2020): Poland, $269M

In 2020, Antigua and Barbuda exported a total of $134M, making it the number 185 exporter in the world. During the last five reported years the exports of Antigua and Barbuda have changed by -$122M from $256M in 2015 to $134M in 2020.

The most recent exports are led by Passenger and Cargo Ships ($97.9M), Refined Petroleum ($20.1M), Gold ($3.57M), Rice ($1.63M), and Soybean Oil ($1M). The most common destination for the exports of Antigua and Barbuda are Poland ($95.4M), Dominican Republic ($18M), United Arab Emirates ($3.68M), Norway ($3.54M), and United States ($2.64M).

Explore Visualizations

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Antigua and Barbuda Exports Services (2018): $1.11B

Antigua and Barbuda Imports Services (2018): $495M

In 2018, Antigua and Barbuda exported $1.11B worth of services. The top services exported by Antigua and Barbuda in 2018 were Travel ($881M), Transportation ($134M), Other business services ($53.6M), Insurance services ($33.3M), and Computer and information services ($8.97M).

The top services imported by Antigua and Barbuda in 2018 were Other business services ($207M), Transportation ($109M), Travel ($88.3M), Insurance services ($38M), and Personal, cultural, and recreational services ($21.6M).

Economic Complexity

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Most Specialized Products by RCA Index

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Antigua and Barbuda has a high level of specialization in Passenger and Cargo Ships (188), Soybean Oil (12), Textile Scraps (10.4), Metal Signs (9.96), and Other Paints (7.61). Specialization is measured using RCA, an index that takes the ratio between Antigua and Barbuda observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Antigua and Barbuda according to the relatedness index, are Cocoa Beans (0.049), Non-fillet Frozen Fish (0.047), Crude Petroleum (0.047), Non-fillet Fresh Fish (0.046), and Tropical Fruits (0.046). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Antigua and Barbuda is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Antigua And Barbuda. These are products that tend to be co-exported with the products that Antigua And Barbuda exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.