Small and medium-sized businesses have significant untapped opportunities to export products and services to markets across the Caribbean and Latin America, according to the Barbados Coalition of Service Industries (BCSI).

At an enterprise export readiness workshop at Pelican House, Harbour Road, executive director Michelle Smith-Mayers said that although businesses were increasingly exploring export opportunities, there was much more room for growth in nearby markets.

“There’s an increase in that. We do have small businesses that are exporting…but there’s a whole Caribbean that is untapped and unexplored,” she said.