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• GDP: US$3.3 billion (2005).
• Main exports: Petroleum products.
• Main imports: Machinery and electrical equipment, crude oil (for refining and re-export), chemicals and food.
• Main trade partners: Venezuela, Guatemala, Singapore and USA.
Note: The information above relates to the entire Netherlands Antilles.
• Main exports: Petroleum products.
• Main imports: Machinery and electrical equipment, crude oil (for refining and re-export), chemicals and food.
• Main trade partners: Venezuela, Guatemala, Singapore and USA.
Note: The information above relates to the entire Netherlands Antilles.
Economy
St Eustatius earns a modest income from agriculture and from a major petroleum transshipment programme, but it is tourism that dominates the economy. The island is also a net beneficiary from the central treasury of the Netherlands Antilles. There have been some efforts to develop the fishing industry but for the time being, government employment (in administration for the Netherlands Antilles group) is the most important source of regular employment.
The Antilles group as a whole has Overseas Territory status at the EU and observer status at the Caribbean trading bloc CARICOM.
The Antilles group as a whole has Overseas Territory status at the EU and observer status at the Caribbean trading bloc CARICOM.
Business Etiquette
Office hours: Mon-Fri 0730-1200 and 1330-1630.
Business Contacts
St Maarten Chamber of Commerce and Industry
PO Box 454, C A Cannegieter Street 11, Philipsburg, St Maarten
Tel: 542 3590/5.
Website: www.sintmaartenchamber.org
PO Box 454, C A Cannegieter Street 11, Philipsburg, St Maarten
Tel: 542 3590/5.
Website: www.sintmaartenchamber.org