Pledge for Bajan exports to bounce back
Article by December 15, 2020
An all-out effort will be made to boost Barbadian exports in 2021, the minister for manufacturing has promised.
As the coronavirus pandemic dented the nation’s target of about $1 billion in exports by one-tenth, Minister of International Business and Industry Ronald Toppin gave an assurance that he will be pulling out all the stops to ensure the island boost its export potential in coming months.
Total exports in 2019 were valued at close to $900 million.
In addition to a disruption to supply chains and a dramatic reduction to economic activity this year, Toppin reported that between January and November, certified exports shrank by more than $30 million, according to the Barbados Investment and Development Corporation (BIDC).