The CARICOM Single Market and Economy (CSME) creates opportunities for Belizean businesses to trade goods and services across the Caribbean.
Entrepreneurs and companies can expand beyond their local market, access new customers, and benefit from reduced trade barriers within the region.
The Common External Tariff supports a single regional market by applying a common tariff to goods imported from outside CARICOM while facilitating trade among Member States.
Products that qualify as originating goods under the CARICOM Rules of Origin can benefit from reduced trade barriers when traded within participating CARICOM Member States.
Access a larger market: Reach customers across multiple CARICOM Member States.
Reduced trade barriers: Benefit from regional agreements that support easier trade.
Business growth opportunities: Expand your products and services beyond your local economy.
Cultural and geographic proximity: Trade within a region that shares similarities in language and business practices.
Businesses in CARICOM commonly trade in:
Agricultural products (fruits, vegetables, spices)
Manufactured goods
Processed goods and beverages
Creative and cultural products (music, fashion, art)
Professional Services