The U.S. Business Administration Send out Circumstances in the Caribbean Area Exhibited by: Robert Jones Local Instructo.


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The Caribbean area imports $20.3 billion of US items and administrations ... Caribbean Region. Travel & Tourism Services. Building Products. Telecom Equipment ...
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The U.S. Business Service Export Opportunities in the Caribbean Region Presented by: Robert Jones Regional Counselor for Commercial Affairs

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The Caribbean area imports $20.3 billion of US items and administrations Dominican Republic US$6.59 billion Barbados US$497 million Jamaica US$2.64 billion The Bahamas US$2.76 billion 26 Markets, 41 million individuals Total imports: $53 billion Regional GDP development: 4.6% US import piece of the overall industry: 38% Trinidad & Tobago US$2.25 billion Source : U.S. Import and Export Merchandise exchange measurements. December 2008

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Caribbean Region A Sizeable Export Market Caribbean US$23.8 Italy US$15.5 Malaysia US$12.9 Chile US$11.9 India US$17.8 Brazil US$32.3 Australia US$22.2 Source : U.S. Import and Export Merchandise exchange insights. December 2008

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Why Export to the Caribbean Region? Closeness to the United States Third largest market in Latin America for U.S. exports  Cooperative exchange relationship Free exchange Regional coordination

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Caribbean Tourism Market Source : Caribbean Tourism Organization. Assessed insights from January to December 2008

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Best Prospect Sectors in the Caribbean Region Travel & Tourism Services Building Products Telecommunication Equipment Automotive Parts and Service Equipment Computer & Peripherals Air Conditioning and Refrigeration Equipment Financial Services Hotel & Restaurant Equipment & Supplies Medical Equipment & Supplies Drugs/Pharmaceuticals Renewable Energy Safety and Security Equipment Household Consumer Goods Non-conventional Agriculture and Agribusiness Oil and Gas Field Machinery and Services

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Dominican Republic HIGHLIGHTS Population: 9.36 million GDP: $36.4 billion GDP growth: 4.8% Per Capita Income $4,147 Bilateral Trade US/DR: $10.57 billion Imports from US: $6.59 billion US Imports Market Share: 48% Ranking for US Exports to WH: 8th biggest Foreign Direct Investment: $435.1 (First quarter 2009) Sources : U.S. Import and Export Merchandise exchange insights/Central Bank of the Dominican Republic. December 2008

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Barbados and the Eastern Caribbean HIGHLIGHTS Population: 276 thousand GDP: $3.77 billion GDP growth: 0.7 % Per Capita Income $19,300 Bilateral Trade US/Barbados: $537 million Imports from US: $497 million US Imports Market Share: 36.7% Sources : U.S. Import and Export Merchandise exchange insights. December 2008

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Jamaica HIGHLIGHTS Population: 2.8 million GDP: $9.7 billion GDP growth: 2.5% Per Capita Income $3,640 Bilateral Trade US/Jamaica: $3.37 billion Imports from US: $2.64 billion US Imports Market Share: 40.1% Sources : U.S. Import and Export Merchandise exchange measurements. December 2008

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Trinidad & Tobago HIGHLIGHTS Population: 1.3 million GDP: $20.9 billion GDP growth: 5.5% Per Capita Income $16,093 Bilateral Trade US/T&T: $11.25 billion Imports from US: $2.25 billion US Imports Market Share: 28.2% Sources : U.S. Import and Export Merchandise exchange measurements. December 2008

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The Bahamas HIGHLIGHTS Population: 307 thousand GDP: $6.58 billion GDP growth: 3.1% Per Capita Income $25,000 Bilateral Trade US/Bahamas: $3.36 billion Imports from US: $2.76 billion US Imports Market Share: 23% Sources : Statistics in U.S. Dollar. U.S. Import and Export Merchandise exchange measurements. December 2008

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Contact us ! U.S. Business Service Caribbean Office Maria Elena Portorreal Regional Senior Commercial Specialist Maria.ElenaPortorreal@mail.doc.gov Dominican Republic Tel: (809) 227-2121 Fax: (809) 920-0267 Santo.Domingo.Office.Box@mail.doc.gov Robert Jones Regional Counselor for Commercial Affairs Robert.O.Jones@mail.doc.gov Megan Schildgen Regional Commercial Attaché Megan.Schildgen@mail.doc.gov

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