Overview In 2019 Antigua and Barbuda was the number 171 economy in the world in terms of GDP (current US$), the number 175 in total exports, the number 178 in total imports, the number 53 economy in terms of GDP per capita (current US$) and the number null most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Antigua and Barbuda are Passenger and Cargo Ships ($115M), Refined Petroleum ($99.6M), Precious Metal Scraps ($20.2M), Rice ($4.58M), and Corn ($4.51M), exporting mostly to Poland ($102M), Suriname ($92.3M), United Arab Emirates ($21.2M), Germany ($7.98M), and United States ($6.49M).

Imports The top imports of Antigua and Barbuda are Refined Petroleum ($243M), Passenger and Cargo Ships ($177M), Cars ($29.8M), Precious Metal Scraps ($17.9M), and Recreational Boats ($12.1M), importing mostly from United States ($385M), Poland ($159M), China ($68.8M), Netherlands ($26.3M), and Brazil ($25.8M).

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

Historical Data

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Yearly Exports

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Top Export (2019): Passenger and Cargo Ships, $115M

Top Destination (2019): Poland, $102M

In 2019, Antigua and Barbuda exported a total of $278M, making it the number 175 exporter in the world. During the last five reported years the exports of Antigua and Barbuda have changed by -$300M from $578M in 2014 to $278M in 2019.

The most recent exports are led by Passenger and Cargo Ships ($115M), Refined Petroleum ($99.6M), Precious Metal Scraps ($20.2M), Rice ($4.58M), and Corn ($4.51M). The most common destination for the exports of Antigua and Barbuda are Poland ($102M), Suriname ($92.3M), United Arab Emirates ($21.2M), Germany ($7.98M), and United States ($6.49M).

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Yearly Imports

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Top Import (2019): Refined Petroleum, $243M

Top Origin (2019): United States, $385M

In 2019 Antigua and Barbuda imported $992M, making it the number 178 trade destination in the world. During the last five reported years the imports of Antigua and Barbuda changed by $2.67M from $989M in 2014 to $992M in 2019.

The most recent imports of Antigua and Barbuda are led by Refined Petroleum ($243M), Passenger and Cargo Ships ($177M), Cars ($29.8M), Precious Metal Scraps ($17.9M), and Recreational Boats ($12.1M). The most common import partners for Antigua and Barbuda are United States ($385M), Poland ($159M), China ($68.8M), Netherlands ($26.3M), and Brazil ($25.8M).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

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 (107), Precious Metal Scraps (56.2), Quaternary Ammonium Salts and Hydroxides (18.5), Rice (12.1), and Refined Petroleum (9.42). Specialization is measured using RCA, an index that takes the ratio between Antigua and Barbuda observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Antigua and Barbuda according to the product complexity index (PCI) are Equipment for photographic laboratories nes (2.25), Quaternary ammonium salts, hydroxides, lecithins, etc (0.76), Electrical switches, connectors, etc, for < 1kV (0.67), Flat-rolled iron/steel, <600mm, clad, plated or coated (0.45), and Yachts, pleasure, sports vessels, rowing boats, canoes (0.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Antigua and Barbuda according to the relatedness index, are Non-fillet Frozen Fish (0.039), Non-fillet Fresh Fish (0.037), Cocoa Beans (0.036), Fish Fillets (0.036), and Scrap Iron (0.035). 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 it is currently specialized 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 and the strategic value of a country's potential export oppotunities. Relatedness is a 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 emissions.