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Reports CARIBBEAN MARKET REPORT


Sunshine and coconut milk


The Caribbean region is located off the Gulf of Mexico and the North American mainland and east of Central America. It consists of the Caribbean Sea and its islands within the Caribbean Sea and also the North Atlantic Ocean


Te Caribbean is comprises of more than 700 islands, islets and reefs and these are usually regarded as a sub region of North America and organised into 30 territories including sovereign states, overseas departments and dependencies.


Te 30 territories are Anguilla, Antigua and Barbuda, Aruba, Te Bahamas, Barbados, Bonaire, British Virgin Islands, Cayman Islands, Cuba, Curacao, Dominica, Dominican Republic, Grenada, Guadeloupe, Haiti, Jamaica, Martinique, Montserrat, Puerto Rico, Saba, Saint Barthelemy, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Vincent and the Grenadines, Saint Eustatius, Sint Maarten, Trinidad and Tobago, Turks and Caicos Islands and the United


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States Virgin Islands. Te population of the Caribbean at one time was around 750,000 before the Europeans arrived. It grew when the West African slaves arrived who were later followed by immigrants from Britain, Italy, Netherlands, Portugal and Denmark.


By the 1800s the population was round 2.2 million and by the 19th century as the Atlantic Slave Trade ended the population then began to grow with immigrants arriving from China and Indian.


Today the Caribbean is a mixed bag of nations and has diversified greatly under Westernised influences. By international standards the


Caribbean is not rich in natural resources and the main industries comprise of fisheries, iron, nickel, petroleum and timber. Agriculture today counts for less and less of the GDP but does contribute to the domestic food supply and employment.


Tobacco was at one time an important crop during the colonial era but was taken over by sugarcane as the region’s staple crop whilst Cuba and Barbados were the main producers. Today textiles, electronics and clothing manufacturing are key businesses plus oil production or refining for several of the islands.


Tourism is a major industry with a total of 28.7


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