FACTOID # 2: The top nations for per capita imports and exports tend to be very small.
 
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Central America and the Caribbean > Martinique > Economy

MARTINIQUE ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
pineapples, avocados, bananas, flowers, vegetables, sugarcane
Budget > Expenditures $317,500,000.00 Time series [4th of 165]
Budget > Revenues $317,500,000.00 Time series [3rd of 166]
Economy > Overview
The economy is based on sugarcane, bananas, tourism, and light industry. Agriculture accounts for about 6% of GDP and the small industrial sector for 11%. Sugar production has declined, with most of the sugarcane now used for the production of rum. Banana exports are increasing, going mostly to France. The bulk of meat, vegetable, and grain requirements must be imported, contributing to a chronic trade deficit that requires large annual transfers of aid from France. Tourism, which employs more than 11,000 people, has become more important than agricultural exports as a source of foreign exchange.
Exchange rates
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000)
Exports $404,200,000.00 Time series [140th of 189]
Exports > Commodities
refined petroleum products, bananas, rum, pineapples
Exports > Partners
France 45%, Guadeloupe 28%
Exports to US $300,000.00 [191st of 224]
Fiscal year calendar year Time series
GDP $6,117,000,000.00 Time series [114th of 203]
GDP (purchasing power parity) $6,117,000,000.00 Time series [3rd of 187]
GDP > Composition by sector > Agriculture 6% Time series [3rd of 146]
GDP > Composition by sector > Industry 11% Time series [4th of 146]
GDP > Composition by sector > Services 83% Time series [1st of 146]
Imports $2,307,000,000.00 Time series [93rd of 185]
Imports from US $6,400,000.00 [156th of 224]
Tourist arrivals by region of origin > Europe 399,083 Time series [66th of 195]
Trade balance with US $6,100,000.00 [63rd of 224]
Trade with US > US exports of textile, sewing machines 11 [147th of 183]

... View all Economy stats

SOURCES: CIA World Factbook, 28 July 2005; All CIA World Factbooks 18 December 2003 to 18 December 2008; US Census Bureau; World Development Indicators database and CIA World Factbook; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau

ALTERNATIVE NAMES: Martinique, Department of Martinique, Departement de la Martinique

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