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:
“... it must be obvious that in the agitation preceding the enactment of [protective] laws the zeal of the reformers would be second to the zeal of the highly paid night-workers who are anxious to hold their trade against an invasion of skilled women. To this sort of interference with her working life the modern woman can have but one attitude: I am not a child.”
—Crystal Eastman (1881–1928)
“My own experience has been that the tools I need for my trade are paper, tobacco, food, and a little whisky.”
—William Faulkner (1897–1962)
“We are the trade union for pensioners and children, the trade union for the disabled and the sick ... the trade union for the nation as a whole.”
—Edward Heath (b. 1916)