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Jersey – Trade Statistics

The economy of Jersey is largely driven by international financial services and legal services. Other sectors include construction, retail, agriculture, tourism and telecommunications.In 2005 the States of Jersey announced limits on licences granted to non-resident companies trading in this way. The States of Jersey introduced a goods and services tax (GST) in 2008. Although this is a form of VAT, it has been charged at a much lower rate than UK or French VAT, and as such Jersey’s fulfilment industry continues.