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Doing Business in Grenada
Syllabus of the Subject: Foreign Trade and Business in Grenada - St.
George's. Grenadian Economy.
- Introduction to Grenada (the Island of Spice);
- Business in St. George's;
- Grenadian Economy;
- Grenadian Foreign Trade;
- Business Opportunities in Grenada;
- Access to the Grenadian market;
- Business Plan for Grenada.
The objectives of the subject «Doing Business in Grenada» are the following:
- To analyze the economy and Grenadian Foreign Trade;
- To explore the Business Opportunities in Grenada;
- To analyze the trade relations of Grenada with the country of the student;
- To know the Free Trade Agreements of Grenada;
- To develop a business plan for the Grenadian market.
Foreign Trade and Business in Grenada:



Masters and Doctorate in International Business adapted for the Caribbean students.
Foreign Trade and Business in Grenada:




American Trade and Economic Organizations. Grenada is a member of...
- Community of Latin American and Caribbean States (CELAC)
- European Union-CELAC Summit.
- Organization of American States (OAS);
- Economic Commission for Latin America and the Caribbean (ECLAC);
- Inter-American Development Bank (IDB).
Global Organizations:
- Commonwealth;
- United Nations (UN)
- Conference on Trade and Development (UNCTAD);
- International Trade Centre (INTRACEN);
- World Intellectual Property Organization (WIPO).
- World Bank (WB);
- World Trade Organization (WTO);
- International Monetary Fund (IMF);
- ...

- Grenadian Capital: St. George's;
- Largest cities: St. George's, Grenville and Gouyave;
- Parishes: Saint Patrick, Saint Andrew, Saint David, St. George's, Saint John and Saint Mark;
- Smaller Grenadians: Carriacou, Petite Martinique, Ronde Island, Caille
Island, Diamond Island, Large Island, Saline Island, and Frigate Island;
- Carriacou Islands (Hillsborough) and Petite Martinique belong to Grenada;
- Grenada does not share land borders with any country;
- Nearest countries to Grenada by sea:
Saint Vincent and the Grenadines, Trinidad and Tobago and Venezuela;
- Area of Grenada: 344 square kilometers;
- Population of Grenada: 110,000 inhabitants;
- Grenadian Population density: 260 inhabitants / square kilometers;
- 80% of the population has an African origin (African Diaspora).
- Official language of Grenada: English (Grenadian Creole)
- French Creole is also used.
- Abolition of Slavery in Grenada: 1834;
- Climate of Grenada: tropical;
- 1498: discovery by the Spanish (Conception);
- 1650-1762: French colonization;
- 1762: British colonization;
- 1983: Invasion by the United States;
- Type of government: Constitutional monarchy (Queen Elizabeth II, Commonwealth);
- Grenada became independent from the United Kingdom in 1967.
Main religion in Grenada: Christianity
- Catholicism (53% of the
Grenadian population).
Grenada belongs to the Caribbean Economic Area of the Western Civilization.


Grenadian Economy.
- 1980: socialist system;
- An open, small and tourism-based economy (main currency
generator);
- Serious external debt problems;
- GDP Grenadian (PPP): 1,701 million dollars;
- GDP per capita of Grenada (PPP): 15,352 Dollars;
- The main crops of Grenada (the island of spices) are: nutmeg, mace, cloves,
ginger, cinnamon, cocoa, citrus, bananas;
- Grenada is the world's second largest nutmeg producer after Indonesia;
- Small production of beverages, food and textiles;
- Grenadian Currency: East Caribbean dollar (XCD);
- Country code top-level domain of Grenada: .gd.


Grenadian Foreign Trade
- Main exports of Grenada: nutmeg, electronic component
assembly, bananas, cocoa, fruits and vegetables, clothing;
- Main export markets of Grenada: Nigeria, Saint Lucia, Antigua and Barbuda, Saint Kitts and Nevis, Dominica, the United States;
- Main imports of Grenada: food, manufactured products, machinery,
chemicals, and fuels;
- Largest providers of Grenada: Trinidad and Tobago, the United States,
Israel, the European Union;
- Main port: St. George's;
- Maurice Bishop International Airport.
(c) EENI Global Business School (1995-2023)
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