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FOREIGN TRADE
Though the country has experienced a trade deficit, still the gap is not so large. Major exportable commodities of the country are manufactures, bananas and shrimp.
It Exports partners are Spain, US, Netherlands and Costa Rica.
Its main importable commodities are food, capital goods and fuel. Major imports partners of the country are Japan, Mexico and Costa Rica.
The following diagram shows the levels of exports and imports of the country.
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The overall trade scenario of the country is as follows:
| Foreign Trade |
2000 |
2003 |
2004 |
| Merchandise trade (% of GDP) |
36.5 |
30.7 |
32.6 |
| Net barter terms of trade (2000 = 100) |
100.0 |
92.6 |
94.0 |
| Foreign direct investment, net inflows (BoP, current US$) |
624.0 million |
771.0 million |
1.0 billion |
| Long-term debt (DOD, current US$) |
6.5 billion |
8.3 billion |
9.0 billion |
| Exports of goods and services (% of GDP) |
72.6 |
64.0 |
62.7 |
| Imports of goods and services (% of GDP) |
69.8 |
58.0 |
64.8 |
CONCLUSION
Presently country's services sector has the largest contribution; still there prevails high poverty. The unemployment rate in the country reached at a two-digit number. The country from time to time tries for attaining private sector growth and welcomes an integrated economy.
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