Grenada Export Import
FOREIGN TRADE
Grenada has experienced both trade deficit as well as balance of payment deficit over the years.
FOREIGN TRADE
Grenada has experienced both trade deficit as well as balance of payment deficit over the years.
Among the various sectors of the economy, the percentage share of the services sector in the total GDP is the highest. It was 66.7 percent as of the year 2003.
Major industries of the country are food products, textiles, light assembly, tourism and construction.
Important agricultural products in the country are banana, sugarcane, maize, vegetables and Cocoa.
The following table shows the percentage share of varoius sectors in the total GDP.
Grenada is an Upper Middle Income Country comes under the Latin America and the Caribbean region, according to the classification made by the World Bank on the basis of income and region for the year 2006.
Grenada has a total surface area of 340.0 square kilometer as of the year 2004 with a forest area of 40.0 square kilometers in 2000.
Grenada Economy Social Indicators
Grenada’s demographic and social indicators are as follows:
Grenada is an upper middle-income economies coming under the Latin American and Caribbean region as to the classification made by the World Bank on the basis of income and region for the year 2006.
Both the Services sector as well as agricultural sector plays an important role in the country’s economy. As to the statistics, services sector contributes a larger share to the country’s GDP followed by agricultural sector.