BARBADOS EXPORTED $336 million in locally produced goods last year but could do much better, Minister of Industry Donville Inniss said yesterday.
He gave no comparative figures while on a tour of Roberts Manufacturing, one of Barbados’ oldest manufacturers of cooking oil, butter and feed.
Inniss revealed that Trinidad and Tobago was the main export market recording $96 million in exports, followed by Guyana with $48 million and St Lucia with $29 million.
However, he said while these figures might appear significant to the average person, Barbados could export much more.
He also acknowledged that a lot of time and resources was sometimes spent going after the Canadian, American and the British markets, which he admitted were sometimes expensive to get into, while lamenting that enough was not being spent in expanding the Caribbean Community (Caricom) market with its duty preferences.
Please read the full story in today’s Daily Nation, or in the eNATION edition.