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International trade blog

Import duties in Barbados

A large cargo ship loaded with lots of containers.

In Barbados, import tariffs have many functions. Most and foremost, these taxes generate huge revenues for the government to finance infrastructure, health, and education services that are crucial for the public. These taxes also provide the government with an instrument to control the supply of commodities entering the country.  Elevated taxes on luxuries and non-essential […]

Exporting goods from Barbados – full guide

A large cargo ship loaded with lots of containers.

Barbados has grown in popularity as a player in the transnational marketable arena thanks to its strategic position, high-quality products, and rich artistic legacy. For companies and entrepreneurs who are keen to understand the complications of exporting goods from Barbados, this text offers a step-by-step methodology.  The importance of exporting for Barbados’ economy Exporting is […]