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The objectives of the training included providing private sector firms with a
basic understanding of market intelligence, and introducing them to the Market
Pointer tool; delivering practical training on how to develop Market Briefs with
information relevant tomarket intelligence needs; identifying the traditional data
sources for market information, and providing a demonstrating on the use of the
platforms; and assisting in the capacity building of the regional private sector to
procure high quality market intelligence information independently.
A total of 115 persons participated in the Market Intelligence Training. Immediate
outcomes for beneficiaries included increased familiarity with data sources such
as International Trade Centre (ITC) tools Trade Map, Market Access Map, and
Standards Map; the Centre for Promotion of Imports from Developing Countries
(CBI) market intelligence platform, the Central Intelligence Agency (CIA) World
Fact Book, and the EU Export Helpdesk. Participants were also able to adequately
complete the market brief template, and are currently following up with the
Agency for additional assistance in the use of other trade information tools.
PARTICIPANTS IN MARKET INTELLIGENCE TRAINING BY COUNTRY
Barbados
Belize
Dominica
Dominican Republic
Haiti
St. Lucia
Trinidad & Tobago
Export Competitiveness Index
On October 5-6, 2015 Caribbean Exported convened a Conceptualisation
Workshop on the Export Competitiveness Indices for CARIFORUM Countries.
Facilitated by the consultants developing the Indices, A-Z Information Jamaica
Limited. The workshop was used as an opportunity
to obtain input and
guidance from regional experts
on the development of an Export
Competitiveness Index (ECI), in order
to avoid major changes at the end of
project, as well as generate a wider
regional understanding of the process
involved in developing the Index.
Specifically, workshop participants
provided feedback on the sectors
to be included in the Index based on
international classifications of goods
and services, the criteria for export
competitiveness, indicators of criteria,
and the model for computing the ECI.
In addition to the aforementioned,
other workshop outcomes included
a consensus on measurement of
indicators, and the model for estimating
the ECI. The tentative sectors for
inclusion: travel and tourism (including
health and wellness), financial and
insurance services, professional services
(including IT), creative industries, non-
manufacturing
industry
(including
mining),
manufacturing
(including
agro-processing), agriculture, fisheries,
and livestock, and logistics (including
transport, storage, and communication).
The weight for each of these sectors
will be determined by a combination
of contribution to GDP, export earnings
as a percentage of total exports, net
foreign exchange generated, number
of person employed or their combined
income earned as a percentage of total
employed persons or their income
generated. As it relates to the criteria for
export competitiveness, the tentative
conditions include cost, differentiation,
firm
processes,
strategies,
and
management;
inherent
country
resources; enabling environment; and
external environment.
PROMOTING TRADE
AND EXPORT DEVELOPMENT