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https://www.um.edu.mt/library/oar/handle/123456789/140689| Title: | Recent trends in the United States and Caribbean trade relations |
| Authors: | Dookeran, Winston Valenciano, Andres Perrotti, Daniel E. |
| Keywords: | United States -- Foreign economic relations -- Caribbean Area Caribbean Area -- Foreign economic relations -- United States Caribbean Basin Initiative, 1983- Caribbean Area -- Commerce -- United States United States -- Commerce -- Caribbean Area |
| Issue Date: | 2025 |
| Publisher: | University of Malta. Islands and Small States Institute |
| Citation: | Dookeran, W., Valenciano, A., & Perrotti, D. E. (2025). Recent trends in the United States and Caribbean trade relations. Occasional Papers on Islands and Small States, 2025/01, 1-24. |
| Abstract: | This paper examines recent trends in United States-Caribbean trade relations (2021–2024), highlighting persistent structural asymmetries and limited diversification. Goods exchanges remain concentrated in energy, transportation, and food, while services are dominated by tourism, leaving the region vulnerable to external shocks. Using concentration measures, the study confirms high dependence on a narrow range of products and partners. While identifying emerging opportunities in digital services, renewable energy, and the blue economy, it underscores the need for comprehensive strategies to foster resilience. A companion paper by the same authors complements this analysis by outlining policy proposals to address these vulnerabilities. |
| URI: | https://www.um.edu.mt/library/oar/handle/123456789/140689 |
| ISSN: | 10246282 |
| Appears in Collections: | Scholarly Works - InsSSI |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Recent_trends_in_the_United_States_and_Caribbean_trade_relations_2025.pdf | 1.43 MB | Adobe PDF | View/Open |
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