Guernsey Commerce & Industry

Guernsey's economy has long relied on the success of its international trade and commerce activities, in particular with its nearest neighbours of England and France. Over the centuries, the nature of these activities have changed, but many have relied on the island's mild climate and favourable taxation laws.

Contents 1 Timeline 1.1 16th Century 1.2 18th Century 1.3 19th Century 1.4 20th Century 1.5 21st Century

Timeline

16th Century

• Guernsey Stocking Trade

18th Century

• Privateering
• Brandy Trade

19th Century

• Shipbuilding in Guernsey
• Guernsey Cattle Exports
• Stone Trade

20th Century

• Guernsey Horticulture - in particular the export of grapes, tomatoes and flowers to the English market
• Guernsey Tourism - attracted by beautiful beaches, mild climate and unique heritage
• Finance Industry - merchant banking, fund management and insurance
• Light Industry - including electronics, opticians and healthcare

21st Century

• Finance Industry
• E-Commerce
• Low Value Consignment Relief (LVCR)