Top: Regional: Caribbean: Saint Kitts and Nevis: Business and Economy


[ history ]

Economy – overview

Sugar was the traditional mainstay of the Saint Kitts economy until the 1970s. Although the crop still dominates the agricultural sector, activities such as tourism, export-oriented manufacturing, and offshore banking have assumed larger roles in the economy. As tourism revenues are now the chief source of the islands' foreign exchange, a decline in stopover tourist arrivals following the September 11, 2001 terrorist attacks has eroded government finances. The opening of a 1,000+ bed Marriott hotel in February 2003 was expected to bring in much-needed revenue.


[ history ]

Industries

Sugar processing, tourism, cotton, salt, copra, clothing, footwear, beverages.


[ history ]

Agriculture - products

Sugarcane, rice, yams, vegetables, bananas; fish.



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