Exporting to Antigua and Barbuda

Antigua and Barbuda is a sovereign state, consisting of a number of islands, with the 2 major islands being Antigua and Barbuda. It is located in the West Indies. In the year to June 2019, the top 5 goods exported from the UK to Antigua and Barbuda were ships, beverages, textile fabrics, consumer manufactures and medicinal and pharmaceutical products (ONS, 2019).

Growing export market

In the year to March 2019, the total UK exports to Antigua and Barbuda amounted to £11 million (an increase of 22.2% compared with the previous year) (ONS, 2019). Furthermore, imports into Antigua and Barbuda grew by 8.8% and is expected to continue to grow over the coming years (IMF, 2019). This highlights a growing demand for exports that UK businesses could benefit from.

Consistent economic growth

The GDP of Antigua and Barbuda grew by 7.4% in 2018 and is expected to enjoy consistent growth over the coming years (IMF, 2019). This should lead to an increase in spending power of the local consumers which UK exporters could benefit from.

Ease of doing business

113th

out of 190 countries (World Bank, 2018)

Currency

Eastern Caribbean Dollar

Business language

English

GDP per capita

$17,464

UK is $41,030 (IMF, 2019)

Economic growth

7.4%

(IMF, 2019)

Time zone

GMT -4

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.