OECS increases exports to U.S.

By Admin Wednesday August 13 2014 in Caribbean
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BASSETERRE: The Organisation of Eastern Caribbean States (OECS) exported goods and services totaling US$8.4 million to the United States during the month of June, according to figures released by the U.S. Census Bureau.

 

The figures showed that St. Kitts & Nevis led the way among the nine-member sub-regional grouping with exports totaling US$4.7 million, compared to US$4.2 million for the corresponding period last year.

 

St. Lucia was the only other OECS country to surpass the one million dollar mark in exports, with revenue of US$1.3 million as against US$1.2 million in 2013.

 

St. Kitts & Nevis is also leading OECS members in exports to the United States during the first six months of this year, with revenue pegged at US$29.9 million, compared to US$27.4 million last year.

 

Most of the OECS countries registered slight increases in export revenue, with the U.S. Census Bureau indicating that St. Lucia received US$11 million compared with US$7.9 million last year.

 

St. Kitts & Nevis exports mainly electrical and industrial equipment to the U.S.

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