Caribbean Trade
Caribbean trade refers to the exchange of goods and services among the islands of the Caribbean Sea and with other regions, including North America, Europe, and South America. Key exports from the Caribbean include sugar, rum, bananas, and coffee, while imports often consist of machinery, food, and manufactured goods. The trade dynamics are influenced by historical factors, including colonialism and the establishment of trade routes.
The Caribbean Community, known as CARICOM, plays a significant role in promoting regional trade and economic integration among member states. Additionally, tourism is a vital component of the Caribbean economy, contributing to trade through the import of goods and services to support the hospitality industry.