Grenada - Foreign trade



Annual trade deficits are caused by the large flow of imports, including motor vehicles and other consumer goods, fuels, and fertilizer. Virtually all exports are agricultural products.

The spice trade supports Grenada, with the largest percentage of commodity exports, including nutmeg, mace, and cardamom (47%). Other important exports include cocoa (4%), paper (11%), fish (10%), and flour (10%).

In 1999 Grenada's imports were distributed among the following categories:

Grenada

Consumer goods 19.2%
Food 19.6%
Fuels 8.8%
Industrial supplies 24.3%
Machinery 8.5%
Transportation 9.6%
Other 0.1%

Principal trading partners in 1999 (in millions of US dollars) were as follows:

Grenada

COUNTRY EXPORTS IMPORTS BALANCE
Netherlands 7.2 2.0 5.2
United States 6.8 84.5 -77.7
Germany 4.0 1.4 2.6
St. Lucia 2.5 1.4 1.1
Barbados 1.9 5.6 -3.7
United Kingdom 1.4 16.2 -14.8
Canada 1.0 7.1 -6.1
Trinidad and Tobago 0.8 43.2 -42.4
Japan n.a. 11.0 n.a.
Venezuela n.a. 2.3 n.a.
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