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Overview of SVG’s External Trade Patterns. Workshop on Services Trade Negotiations St Vincent, May 16-18, 2012 Ramesh Chaitoo rnmsts@yahoo.ca fc185627@skynet.be. Composition of SVG Services Trade (EC$ mill). SVG Services Exports 1993. SVG Services Exports 2009. SVG Services Imports 1993. - PowerPoint PPT Presentation
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Overview of SVG’s External Trade Patterns
Workshop on Services Trade NegotiationsSt Vincent, May 16-18, 2012
Ramesh Chaitoornmsts@yahoo.ca
fc185627@skynet.be
Composition of SVG Services Trade (EC$ mill)
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SVG Services Exports 1993
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SVG Services Exports 2009
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SVG Services Imports 1993
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SVG Services Imports 2009
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SVG’s Services Trade Balance (EC$ millions)
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SVG’s Services Trade Balance (EC$ millions)
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SVG’s Merchandise Trade Balance (EC$ millions)
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SVG Merchandise Trade Balance
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SVG Overall Trade Balance (EC$ mill)
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TRADE IMPERATIVE
• Net deficit on external account not sustainable• SVG not competitive in goods production or trade• SVG needs to develop and export new services –
diversify from tourism dependence• Need new investment in services activities and
policy measures to stimulate such
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