Trade deficit up on Bonaire, down on Saba and Statia
Higher imports and lower exports on BonaireBonaire’s trade deficit amounted to 192 million dollars last year, 4 percent up from 2015. Imports of goods rose by 3.5 percent to just over 200 million dollars compared to the previous year. With nearly 9 million dollars, the value of goods exports from Bonaire was more than 8 percent lower than in 2015.
Lower imports and higher exports on Saba and St EustatiusTrade deficits on St Eustatius and Saba were 35 and 16 million dollars respectively. The value of goods imported on St Eustatius declined by nearly 11 percent and on Saba by more than 27 percent. The export value of goods of both islands increased in 2016, resulting in smaller trade deficits than in 2015.
Trade deficits Bonaire, St Eustatius and Saba, 2014-2016
Imports manufactured good rise most rapidly on BonaireBonaire imported manufactured goods worth 5.5 million dollars last year, one-fifth more than in 2015 and the most substantial increase of all goods categories. The import values of manufactured goods, machinery and transport equipment increased by 3 million dollars each. Imports of these goods fell to a low in 2014, but have risen since then.
Bonaire; top 4 import values of product sections with largest share in 2016
|Food and live stock||Manufactured goods||Machinery and transport equipment||Various manufactured goods|
The value of mineral fuels imported by Bonaire was reduced almost by half in 2016 relative to the preceding year. In 2015 the import value of mineral fuels had more than doubled.