But rice production is still way below the rice demand of the barangay because of the absence of irrigation. Coconut on the other hand is the main export and income-earning crop of Caramay. Cashew, coffee and rootcrops are also cultivated both for domestic and commercial use. With such a large area planted to coconut underneath abounds rich grazing for cows, carabaos, horses and goats raised to supplement domestic needs and for market. Poultry and pigs are also raised both for household use and for selling to buyers from Luzon.
Fishing also supports the coastal residents aside from their agricultural source of income.
The Sulu Sea provides a rich fishing ground bordering the barangay. A single bakery, located at Sitio Caruray, produces bread for the entire village and nearby barangays. The barangay market located near the poblacion sells vegetables, rice, canned goods, spices, sugar, coffee, and local snacks. Aside from farming and fishing, occupations held by other residents include teaching, clerical work in government and private offices, and crafts such as dress and basket making. The entire barangay still depends on kerosene fueled lighting since the services of the local electric co-operative is still limited to the municipal center.