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Economy and business in Antigua and Barbuda

The economy of Antigua and Barbuda was long dominated by sugar production, and until 1960, sugar was the most important export commodity. The decline in sugar prices on the world market has reduced the importance of the industry. Fruit, vegetables and cotton are now grown; livestock.

Business of Antigua and Barbuda

According to COUNTRYAAH, the tourism industry is the most important trade route in terms of both value and employment. It also manufactures rooms, leather, machines and appliances, electrical components and furniture. Some fishing industry.

Foreign Trade

The country has a large deficit in the trade balance with abroad. Petroleum products (re-exports), fish and fish products, household appliances, electrical components etc. are exported. The main trading partners are the other CARICOM countries as well as the USA and the UK.

Transport and Communications

Deep water jetty at Saint John's and great cruise ship port. Large marina in English Harbor on the south coast. International Airport (VC Bird) in Antigua.

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