Economy of Dominica – Lug butterfly valve Manufacturer – Butterfly valve manufacturer
Under Eastern CaribbeanEconomy of Dominica – Lug butterfly valve Manufacturer – Butterfly valve manufacturer Primary Industries LandwirtschaftÜber 22.6% of the total land available for agriculture. Agricultural production has been on the decline even before the 1979 hurricane disaster. The main crop is bananas from Dominica, whose output to 29,700 tonnes in 1978, had fallen. As a result of Hurricane David, low production of 15,700 tonnes in 1979. Agriculture suffered a further blow by Hurricane Allen in August 1980. But began to rehabilitate the outside financial support for the sector, production increased to 27 800 tonnes in 1981 and amounted to 30,000 tons a year 1999.Auf Agriculture accounts for about 20% of GDP and employs about 40% of the workforce. Agricultural exports amounted to .1 million in 2001. Most crops are produced on small farms, the 9000 owners who banded together in about 10 cooperatives; there are also several large farms that produce mainly bananas for export. Other important crops are coconuts and citrus fruits that are grown in commercial quantities. The production for 1999 included coconuts, 11,000 tons, grapefruit, 21,000 tonnes, lemons and limes, 1,000 tons, and oranges, 8,000 tons. Fruit and vegetables are mostly produced for local consumption. Livestock are about 2,000 hectares (4,900 acres) of pasture land, comprising 2.7% of the total land area. The island does not produce enough meat, poultry or eggs for local consumption, there are large imports of animal products are. In 2001 there were approximately 540 head of cattle, goats, 9700, 7,600 sheep, pigs and 5,000. In 2001, production amounted to 1,300 tons of meat and milk, 6100 tons. FischereiVor Hurricane David, about 2,000 people earned a living fishing in coastal waters, including about 1000 tons of fish per year, meeting only about a third of local demand. The hurricane destroyed almost the entire island of 470 fishing boats, after only about a dozen ships could use for reconstruction. In 2000, the catches of 1150 tonnes, are up from 552 tonnes in 1991.Es a relatively large fishing industry in Dominica, but it is not modernized and is used almost exclusively to the domestic market. A successful experiment in freshwater prawn farming, the Taiwanese aid support, has produced significant quantities of shrimp for the national and local markets. Japan has the support of land for a fish processing plant in Roseau and made available. Dominica forestry has the potential for wood industry. Some 46,000 hectares (114,000 acres) are classified as forest, representing 61% of the total land area. In 1962, Canadian experts produced a study showing that over a period of 40 years on the island could be an annual production of 22,000 cubic meters (800,000 cu ft) of timber to produce. Before Hurricane David, annual production was about 7,500 cubic meters (265,000 cu ft reach). There are about 280 hectares (700 acres) of government land allocated to commercial forestry and about 100 hectares (240 acres) of forest land in private hands. Commercially valuable woods are mahogany, blue and red Mahoe and teak. Total imports of wood products in 2000 amounted to .3 million. Dominica’s mining industry has played a minor role in the economy. Pumice was the main product extracted from the island of Dominica for export and production of clay, limestone, volcanic ash and sand and gravel, primarily for the construction industry. There are some possible industry in Dominica, especially in the northeast of the island, where there are believed to be deposits of copper. Secondary Industry Dominica’s small manufacturing sector is almost entirely dependent on agriculture, and the island has a handful of successful specialized industries built in soaps and other agricultural by-products. The largest manufacturer is Dominica Coconut Products, Colgate-Palmolive, the soap produced controlled from coconuts. The factory has an agreement for an estimated three million bars of soap sold each year at Royal Caribbean Cruise Lines. Dominican soap are also exported throughout the region, but there has recently encountered increased competition from other regional producers, particularly in the key export markets of Jamaica and Trinidad and Tobago.Es four plants for processing lime and other citrus fruits, two bottling plants, two distilleries, four small plants, clothing, and four small furniture factories. Dominica exports water to its Caribbean neighbors, shoes, cement blocks, furniture, and soap and toiletries also exported. Home industries produce some leather, ceramics, straw and Produkte.Seit the 1990s, the small manufacturing sector expanded at a moderate pace, including electronic assembly, rum, candles and colors. The Trafalgar Hydro Electric Power Station is now operational, so that the island virtually energy self-sufficient. Industry accounted for 23% of GDP in 2001.Dominica is not yet in a position to a significant number of foreign manufacturers to win, partly because their wages are relatively high, and partly because the infrastructure is not suitable for the production of large quantities. Like the other islands, it attempts to lure the investors tax breaks and other incentives, but several offshore production facilities are closed expired after its duty-free concessions, usually a period of 10 years. Tertiary sector tourism Main article: Tourism in Dominica Tourism in Dominica is primarily about hiking in the rain forest and visit industry and cruise ships. Financial Services Dominica has tried to broaden their economic base by developing an offshore financial services. So far a relatively small number of offshore banks and other international companies have registered in Dominica, but the government is trying, by registration to attract more cheaply and easily. A Dominica-based International Business Company (IBC), for example, can be formed over the Internet, and the government has also granted then, licensing of several Internet gambling companies. The ease with which such companies can be formed, and the secrecy of its operations have to say some critics, that Dominica can facilitate money laundering and tax evasion. Facts This section does not cite evidence or Quellen.Bitte help improve this article by citations to reliable sources. Unsourced material may be challenged and removed. (April 2008) GDP: purchasing power parity – 5 million (2006 est.) GDP – real growth rate: 3.2% (2007 est.) GDP – per capita: purchasing power parity -, 800 (2005 est.) GDP – composition by sector: agriculture: 17.7 % industry: 32.8% services: 49.5% (2004 estimate) Population below poverty line: 30% (estimated 2002) Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate ( consumer prices): -0.1% (2005 estimate) Labor force: 25,000 (2000 est.) Manpower – by occupation: agriculture: 40% industry: 32% services: 28% (2000 est.) Unemployment rate: 23% (estimated 2003) Budget: revenues: Mio.Ausgaben .9: .4 million (2001) Industries: soap, coconut oil, tourism, copra, furniture, cement blocks, shoes Industrial production growth rate: -10% (estimated 1997) Electricity – production: 80 million kWh (2005) Electricity – production by source: fossil fuel: 50% hydro: 50% nuclear: 0% Other: 0% (1998) Electricity – consumption: 74.4 million kWh (2005) Electricity – exports: 0 kWh (2005 ) Electricity – imports: 0 kWh (2005) Agriculture – products: bananas, citrus fruits, mangoes, root crops, coconuts, cocoa, forest and fishery potential not ausgeschöpftExporte: million fob (2006) Exports – commodities: bananas 50%, soap, bay oil, vegetables, grapefruit, oranges Exports – partners: UK 24.8%, 12.3% in Jamaica, Antigua and Barbuda 9.8%, Guyana 8 , 3%, China 7.9%, Trinidad and Tobago 5.4%, Saint Lucia 4.5% (2006) Imports: 6,000,000 FOB (2006) Imports – commodities: manufactured goods, machinery and equipment, food, chemicals Imports – partners: United States of America 25.3%, China 22.7%, Trinidad and Tobago 13.8%, South Korea 4.8% (2006) Debt – external: 3 million (2004) Economic aid – recipient: 0.17 million (2005 estimate) Currency: 1 East Caribbean dollar (EC $) = 100 cents Exchange rates: East Caribbean dollars per U.S. dollar – 2.7 (2007) , 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003) Fiscal year: July 1 to June 30 Referenzenv d eMitglieder the World Trade Organization (WTO) Albania Angola Antigua and Barbuda Argentina Armenia Australia Bahrain Bangladesh Barbados Belize Benin Bolivia Botswana Brazil Brunei Burkina Faso Burma Burundi Cambodia Cameroon Canada Cape Verde Central African Republic Chad Chile China PR Colombia Democratic Republic of Congo, Republic of the Congo Costa Rica Côte d’Ivoire Croatia Cuba Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador European Union Fiji Gabon Gambia Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Iceland India Indonesia Israel Jamaica Japan Jordan Kenya South Korea Kuwait Kyrgyzstan Lesotho Liechtenstein Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Mauritania Mauritius Mexico Moldova Mongolia Morocco Mozambique Namibia Nepal New Zealand Nicaragua Niger Nigeria Norway Oman Pakistan Panama Papua New Guinea Paraguay Peru Philippines Qatar Rwanda St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Saudi Arabia Senegal Sierra Leone Singapore Solomon Islands South Africa Sri Lanka Suriname Swaziland Switzerland Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, Tanzania Thailand Togo Tonga Trinidad and Tobago Tunisia Turkey Uganda Ukraine United Arab Emirates United States Uruguay Venezuela Vietnam Zambia SimbabweAlle 27-member European Union are also members of the WTO in their own right: Austria Belgium Bulgaria Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands and Netherlands Antilles Poland Portugal Romania Slovakia Slovenia Spain Sweden United Königreich.Sonderverwaltungsregion of the People’s Republic China.Designated name for the Republic of China (Taiwan generally known) vd e-economy of the CaribbeanAnguilla Antigua and Barbuda Aruba Bahamas Barbados British Virgin Islands, Cayman Islands Cuba Dominica Dominican Republic Grenada Guadeloupe Haiti Jamaica Martinique Montserrat Netherlands Antilles Puerto Rico St. Kitts and Nevis St. Barthlemy St. Lucia St. Martin St. Vincent and the Grenadines Trinidad and Tobago Turks and Caicos Islands U.S. Virgin IslandsBelize Bermuda Colombia Costa Rica Guatemala French Guyana Guyana Honduras Mexico Nicaragua Panama Suriname Venezuela Categories: World Trade Organization member economies | Economy Dominica Hidden categories: Articles lacking sources from April 2008 | All Wikipedia:
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