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Grenada

Grenada ranked No. 160 in total trade value through October with a total of $112.25 million. Exports totaled $98.91 million and Imports totaled $13.34 million, a surplus of $85.58 million.

January – October 2018

Top Trading Ports

Total Trade: $112.25 million

RankPortTotal YTD
1Port Everglades, Fla. $39,266,159
2Miami International Airport $17,234,304
3Port of Palm Beach, Fla. $15,161,383
4Low-Valued Imports and Exports $10,997,741
5Port of New Orleans $7,689,076
6Port of Frederiksted, V.I. $4,261,564
7Port of Mobile, Ala. $3,702,077
8Port of New York $3,398,359
9Port of San Juan, Puerto Rico $1,784,954
10Port of Savannah, Ga. $1,640,771

U.S. trade with Grenada rose to $112.25 million through October

Grenada’s trade with the United States rose to $112.25 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.23 percent above its total trade during the same time period last year. Grenada’s exports increased 25.96 percent while imports rose 28.29 percent. The U.S. surplus with Grenada was $85.58 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Miami International Airport; No. 3 Port of Palm Beach, Fla.; No. 4 Low-Valued Imports and Exports; and No. 5 Port of New Orleans. During the same period the previous year, the top five 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 Port of New Orleans. In the current time period, the top five accounted for 80.49 percent of Grenada’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. rose 46.08 percent to $39.27 million.
    Exports rose 45.96 percent to $39.22 million. Imports rose 445.54 percent to $43,196.
  • Trade with No. 2 Miami International Airport rose 27.07 percent to $17.23 million.
    Exports rose 30.67 percent to $8.1 million. Imports rose 24.05 percent to $9.13 million.
  • Trade with No. 3 Port of Palm Beach, Fla. fell 3.06 percent to $15.16 million.
    Exports fell 3.2 percent to $15.13 million. Imports rose 390.73 percent to $27,991.
  • Trade with No. 4 Low-Valued Imports and Exports rose 31.59 percent to $11 million.
    Exports rose 31.59 percent to $11 million. There were no imports.
  • Trade with No. 5 Port of New Orleans rose 27.47 percent to $7.69 million.
    Exports rose 24.12 percent to $7.43 million. Imports rose 473.95 percent to $257,388.

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. 168.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Grenada by value through October were the categories of Low value shipments; Returned exports, with change; Gasoline, other fuels; Computers; and Cell phones, related equipment, respectively. They accounted for 29.91 percent of total exports to Grenada.

The value of the top five categories of U.S. imports from Grenada –– Fish, fresh or chilled; Strawberries, blueberries, raspberries, etc.; Nutmeg, Mace and Cardamoms; Frozen fruit, nuts; and Salvage –– accounted for 86.42 percent of all inbound shipments.

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

  • Low value shipments rose 31.59 percent compared to last year to $11 million.
  • Returned exports, with change rose 151.38 percent compared to last year to $6.92 million.
  • Gasoline, other fuels rose 259.84 percent compared to last year to $4.85 million.
  • Computers rose 74.76 percent compared to last year to $3.59 million.
  • Cell phones, related equipment rose 13.41 percent compared to last year to $3.22 million.

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

  • Fish, fresh or chilled rose 57.61 percent compared to last year to $7.07 million.
  • Strawberries, blueberries, raspberries, etc. rose 35.95 percent compared to last year to $1.4 million.
  • Nutmeg, Mace and Cardamoms fell 19.22 percent compared to last year to $1.34 million.
  • Frozen fruit, nuts fell 9.93 percent compared to last year to $994,239.
  • Salvage rose 35.07 percent compared to last year to $714,221.

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.