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Grenada

Grenada ranked No. 160 in total trade value through August with a total of $84.87 million. Exports totaled $74.65 million and Imports totaled $10.22 million, a surplus of $64.43 million.

January – August 2019

Top Trading Ports

Total Trade: $84.87 million

RankPortTotal YTD
1Port Everglades, Fla. $21,587,154
2Miami International Airport $13,270,930
3Port of Palm Beach, Fla. $13,190,241
4Low-Valued Imports and Exports $7,889,442
5Port of New Orleans $4,815,300
6Port Miami $4,619,021
7Christiansted Port Terminal, U.S. Virgin Islands $4,140,484
8Port of New York $3,956,616
9Port of Mobile, Ala. $2,842,274
10Port of Savannah, Ga. $1,895,593

U.S. trade with Grenada rose to $84.87 million through August

Grenada’s trade with the United States rose to $84.87 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.62 percent below its total trade during the same time period last year. U.S. exports to Grenada decreased 7.42 percent while U.S. imports from Grenada fell 9.1 percent. The U.S. surplus with Grenada was $64.43 million.

Through August, 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 Miami International Airport No. 3 Port of Palm Beach, Fla. No. 4 Low-Valued Imports and Exports and No. 5 Port of New Orleans. In the current time period, the top five accounted for 71.59 percent of Grenada’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 35.35 percent to $21.59 million.
    Exports fell 35.57 percent to $21.49 million. Imports rose 133.7 percent to $100,950.
  • Trade with No. 2 Miami International Airport fell 3.63 percent to $13.27 million.
    Exports fell 14.58 percent to $5.25 million. Imports rose 5.19 percent to $8.02 million.
  • Trade with No. 3 Port of Palm Beach, Fla. rose 7.71 percent to $13.19 million.
    Exports rose 7.75 percent to $13.19 million. There were no imports.
  • Trade with No. 4 Low-Valued Imports and Exports fell 12.58 percent to $7.89 million.
    Exports fell 12.58 percent to $7.89 million. There were no imports.
  • Trade with No. 5 Port of New Orleans fell 27.31 percent to $4.82 million.
    Exports fell 27.36 percent to $4.67 million. Imports fell 25.48 percent to $140,909.

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. 160.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Grenada by value through August were the categories of Low value shipments; Gasoline, other fuels; Cell phones, related equipment; Returned exports, with change; and Chicken and other poultry, respectively. They accounted for 31.08 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.; Frozen fruit, nuts; Salvage; and Nutmeg, Mace and Cardamoms –– accounted for 93.23 percent of all inbound shipments.

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

  • Low value shipments fell 12.58 percent compared to last year to $7.89 million.
  • Gasoline, other fuels rose 85.54 percent compared to last year to $4.64 million.
  • Cell phones, related equipment rose 48.74 percent compared to last year to $4.09 million.
  • Returned exports, with change fell 42.7 percent compared to last year to $3.94 million.
  • Chicken and other poultry rose 17.85 percent compared to last year to $2.64 million.

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

  • Fish, fresh or chilled rose 0.15 percent compared to last year to $6.55 million.
  • Strawberries, blueberries, raspberries, etc. rose 16.48 percent compared to last year to $1.03 million.
  • Frozen fruit, nuts rose 46.83 percent compared to last year to $873,687.
  • Salvage fell 7.42 percent compared to last year to $555,006.
  • Nutmeg, Mace and Cardamoms fell 54.04 percent compared to last year to $520,935.

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.