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Grenada

Grenada ranked No. 160 in total trade value through February with a total of $21.5 million. Exports totaled $20.09 million and Imports totaled $1.4 million, a surplus of $18.69 million.

January – February 2019

Top Trading Ports

Total Trade: $21.5 million

RankPortTotal YTD
1Port Everglades, Fla. $6,080,697
2Port of Palm Beach, Fla. $3,177,895
3Miami International Airport $2,728,417
4Low-Valued Imports and Exports $2,046,216
5Christiansted Port Terminal, U.S. Virgin Islands $1,547,139
6Port of New Orleans $1,479,421
7Port of New York $1,286,210
8Port of Mobile, Ala. $960,141
9Port of Houston $419,914
10Port of San Juan, Puerto Rico $318,629

U.S. trade with Grenada rose to $21.5 million through February

Grenada’s trade with the United States rose to $21.5 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.84 percent above its total trade during the same time period last year. Grenada’s exports increased 4.84 percent while imports fell 27.76 percent. The U.S. surplus with Grenada was $18.69 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Port of Palm Beach, Fla.; No. 3 Miami International Airport; No. 4 Low-Valued Imports and Exports; and No. 5 Christiansted Port Terminal, U.S. Virgin Islands. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Port of New Orleans No. 3 Port of Palm Beach, Fla. No. 4 Miami International Airport and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 72.48 percent of Grenada’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 3.65 percent to $6.08 million.
    Exports fell 2.99 percent to $6.08 million. There were no imports.
  • Trade with No. 2 Port of Palm Beach, Fla. rose 21.76 percent to $3.18 million.
    Exports rose 21.76 percent to $3.18 million. There were no imports.
  • Trade with No. 3 Miami International Airport rose 25.63 percent to $2.73 million.
    Exports rose 56.84 percent to $1.74 million. Imports fell 7.08 percent to $985,300.
  • Trade with No. 4 Low-Valued Imports and Exports fell 2.62 percent to $2.05 million.
    Exports fell 2.62 percent to $2.05 million. There were no imports.
  • Trade with No. 5 Christiansted Port Terminal, U.S. Virgin Islands totaled $1.55 million.
    Exports totaled $1.55 million. There were no imports.

Grenada ranked No. 160 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 161.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Grenada by value through February were the categories of Low value shipments; Cell phones, related equipment; Gasoline, other fuels; Poultry, fresh, chilled or frozen; and Wood, sawed or chipped, greater than 6 meters thic, respectively. They accounted for 34.51 percent of total exports to Grenada.

The value of the top five categories of U.S. imports from Grenada –– Fish, fresh or chilled; Frozen fruit, nuts; Salvage; Strawberries, blueberries, raspberries, etc.; and Value added to a returned import –– accounted for 90.45 percent of all inbound shipments.

Looking more closely at U.S. exports to Grenada:

  • Low value shipments fell 2.62 percent compared to last year to $2.05 million.
  • Cell phones, related equipment rose 230.12 percent compared to last year to $1.67 million.
  • Gasoline, other fuels fell 19.97 percent compared to last year to $1.64 million.
  • Poultry, fresh, chilled or frozen rose 35.57 percent compared to last year to $792,522.
  • Wood, sawed or chipped, greater than 6 meters thic rose 27.87 percent compared to last year to $782,004.

Looking more closely at U.S. imports from Grenada:

  • Fish, fresh or chilled fell 22.96 percent compared to last year to $646,980.
  • Frozen fruit, nuts rose 68.42 percent compared to last year to $162,789.
  • Salvage rose 8.19 percent compared to last year to $161,511.
  • Strawberries, blueberries, raspberries, etc. fell 0.58 percent compared to last year to $158,957.
  • Value added to a returned import rose 219.56 percent compared to last year to $137,382.

In the latest annual figures available, Grenada recorded $114.85 million in trade with the United States. At year’s end, its were Miami; Low Value Shipments; New Orleans; New York City; and Mobile. Total U.S. exports to Grenada were $ 102.75 million and imports from Grenada were $12.11 million. The U.S. surplus with Grenada was $90.64 million.