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Economy and business in Saint Vincent and the Grenadines

According to COUNTRYAAH, the economy of Saint Vincent and the Grenadines is based on agriculture, light industry and tourism. The main agricultural product is bananas. Otherwise, vegetables and arrow root, coconuts, tobacco and spices are grown. Natural damage, such as volcanic eruptions and hurricanes, has repeatedly put agriculture back sharply.

Business of Saint Vincent and the Grenadines

The industry is largely based on the processing of agricultural products, especially flour and rice mills and the production of dairy products and rooms. Otherwise some production of clothing and electrical components.

Tourism is of great importance to employment, but of less importance than in most other Caribbean states. Tourism is largely yacht-based.

Foreign Trade

The main export goods are bananas and other agricultural products, while imports are very varied. Blue. food, machinery and transport equipment, various raw materials and factory products and fuels are imported. The United States and the United Kingdom are major trading partners. Other member countries in Caricom, especially Trinidad and Tobago and Barbados.

Transport and Communications

There is no railway on the islands, and the road network is not very high quality. Deepwater Harbor at Kingstown. The transport between the islands is taken care of by a boat service. The main airport is east of Kingstown on Saint Vincent. Otherwise, smaller airports on Bequia and Union, and smaller landing strips on a couple of the other islands.

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