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Economy - overview

Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets.


Industries

Financial services, light manufacturing, tourism.


Agriculture - products

Cereals, vegetables; cattle, sheep, pigs, poultry.


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