Exporting to Antigua and Barbuda
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.