The document states the refinery was one of the territory's largest employers and its closure had a 'significant impact on exports'.
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This document is a page from an economic analysis report for the U.S. Virgin Islands, covering the years 2007-2014. It highlights the severe negative impact of the Hovensa refinery's closure (c. 2012) on the territory's exports, particularly refined petroleum. The document, sourced from the VI Bureau of Economic Research, also notes the economy's predominant reliance on the tourism industry.
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