Business Plan How to Start a Business Online Business Starting a Small Business MBA Education
Home > Barbados

Barbados Agriculture and Fishing Overview

Agriculture and fishing

The sugar industry has long been the backbone of Barbados economy and sugar cane is still the single most important crop. However, the significance has diminished over a longer period and investments are instead made primarily on vegetables for domestic consumption.

  • CountryAAH: Comprehensive import regulations of Barbados. Covers import prohibitions and special documentation requirements for a list of prohibited items.

Since the EU liquidated its domestic sugar quotas at the end of 2017, European imports from countries such as Barbados are expected to decline sharply. The government has plans to find new sugar products and new markets, but the future of the industry is uncertain. Sugarcane cultivation has already become less profitable for a long number of years. Production costs have often been higher than export earnings, making financial contributions to the sugar industry necessary to keep it alive.

The sugar is also produced from rum, which has become a far more important export product than the sugar itself.

Barbados Agriculture and Fishing Overview

  • Digopaul: Definition and brief introduction of Barbados. Major cities are listed and popular images are presented for this country.

The decline in sugar production has led to previously cultivated areas growing again. The Ministry of the Environment noted in 2010 that Barbados was one of the few countries in the world where the forest as a proportion of the area increased, without planting.

Other crops that are grown include sweet potatoes, beans, tomatoes, cucumbers, avocados and bananas. But large quantities of vegetables and fruits need to be imported to meet the need. However, the country is practically self-sufficient for chicken and milk products.

Agriculture and fishing of BarbadosThe soil is nutritious but one problem is that the soil layer is thin due to erosion, which is an obstacle to cultivation. The opportunity to invest in new crops is also hampered by the fact that the water supply on the island is not sufficient for more extensive irrigation. It usually rains enough for existing agriculture but sometimes severe drought occurs.

Offshore, fish are predominantly fishing, which is an important part of the diet in Barbados.


Agriculture's share of GDP

1.4 percent (2016)

Percentage of land used for agriculture

23.3 percent (2016)


Small Business - Web Hosting - Internet Marketing - E-Commerce - Affiliate Program

Home | About Us | CFA vs MBA | Contact Us | Glossary | Sitemap Copyright 2021 Business Plan for How to Start an SMB