Trade
Anguilla's current account balance is -$42.87 million (2003 est.). As of 2006, its exports were valued at $13 million (2006). It exports lobster, fish, livestock, salt, concrete blocks, and rum to the UK, USA, Puerto Rico, and Saint Martin. Its exports were valued at $143 million. It imports fuels, foodstuffs, manufactures, chemicals, trucks, and textiles from the US, Puerto Rico, and UK.
External debt was $8.8 million as of 2008. Anguilla received approximately $9 million in annual economic aid as of 2004.
Anguilla's currency is the East Caribbean dollar (XCD). The exchange rate has been fixed since 1976 at 2.7 East Caribbean dollars per US dollar.
Read more about this topic: Economy Of Anguilla
Famous quotes containing the word trade:
“Every trade has its master.”
—Chinese proverb.
“I sincerely hope that the incoming Congress will be alive, as it should be, to the importance of our foreign trade and of encouraging it in every way feasible. The possibility of increasing this trade in the Orient, in the Philippines, and in South America is known to everyone who has given the matter attention.”
—William Howard Taft (1857–1930)
“I am cozily ensconced in the balcony of my face
Looking out over the whole darn countryside, a beacon of satisfaction
I am. I’ll not trade places with a king. Here I am then, continuing but ever beginning
My perennial voyage....”
—John Ashbery (b. 1927)