Agriculture, which is the traditional main industry,
employs about 20 percent of the working population. Most
units are very small and mainly focus on self-sufficiency; a
few plantations produce bananas, cocoa and nutmeg for
export. The industry was hit hard by Hurricane Ivan's
devastation on the island in 2004. Although tourism revenues
correspond to 30 percent of national income, the tourism
industry is less significant than in neighboring countries.
In addition to some processing of agricultural products
and the textile industry, there is very little industry.
Grenada does not have any known mineral resources.
Unemployment is constantly high and the nation's economy
is heavily dependent on foreign aid. Since 1979, the
government, with foreign aid, first from the Soviet Union
and Cuba and more recently from Japan, has been trying to
develop the fishing industry.
COUNTRYAAH, Grenada has a large trade deficit; the export value
usually amounts to only 35 per cent of the import value. The
only important export goods are agricultural products such
as nutmeg, bananas and cocoa. Grenada's main trading
partners are the United States, Nigeria and Trinidad and
Tourism and gastronomy
Grenada's attractiveness to tourists depends, among other
things, on a pleasant climate, fine sandy beaches and a
beautiful nature with easily accessible rainforests. Tourist
income is an important source of foreign currency; In 2010,
tourism accounted for just over 50 percent of export
earnings. The country is visited annually by 100,000 to
200,000 tourists. In 2012, the number of visitors was
116,000. Two thirds of the visitors are cruise passengers.
These, which usually only make a short visit to the capital
of Saint George's, account for less than a tenth of the
country's tourist income. Most of the other visitors come
from the US and Europe (mainly the UK). Almost 20 percent
come from the Caribbean countries, and about as many are
emigrated grenadiers who visit their home country.
The African element of food attitude is dominant. Spicy
pots with mainly vegetables and fish are home cooking,
callaloo is the most famous, usually cooked by crab
meat, okra and taoblad. Bread fruit soup is also common.
Fully fried pork is a party food. Crabs, wings and crawfish,
mackerel, flyfish and grouper; the supply from the sea is
large and constitutes an important source of protein. The
desserts, usually of fruit - salads, puddings, pies,
compotes - all carry an unmistakable aroma of rum.