10 June 2016 - Business View Caribbean
Opening
Lines
Caribbean Countries Expanding Share in
US$130 Billion Global Seafood Market
Caribbean economies are poised to benefit from
a region-wide initiative to expand seafood market
share, through the implementation of food safety
measures to enable countries to get a bigger piece
of the global pie, worth an estimated US$130 billion
annually.
Caribbean countries, including The Bahamas, Belize,
Grenada, Guyana, Jamaica, Suriname, and Trinidad
and Tobago, are now capitalizing on a coordinated
approach to broaden the gateway to the growing
market. CARIFORUM (CARICOM and the Domini-
can Republic) now exports about US$400 million
worth of fish and seafood annually.
Belize and Jamaica are two Caribbean seafood ex-