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Grenada

Grenada Maritime Stats

Definitions

  • Cost to export > US$ per container: Cost to export (US$ per container). Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded. Several assumptions are made for the business surveyed: Has 60 or more employees; Is located in the country's most populous city; Is a private, limited liability company. It does not operate within an export processing zone or an industrial estate with special export or import privileges; Is domestically owned with no foreign ownership; Exports more than 10% of its sales. Assumptions about the traded goods: The traded product travels in a dry-cargo, 20-foot, full container load. The product: Is not hazardous nor does it include military items; Does not require refrigeration or any other special environment; Does not require any special phytosanitary or environmental safety standards other than accepted international standards.
  • Cost to import > US$ per container: Cost to import (US$ per container). Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded.
  • Documents to export > Number: Documents to export (number). All documents required per shipment to export goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Export value index > 2000 = 100 per million: Export value index (2000 = 100). Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics. Figures expressed per million population for the same year.
  • Exports of goods and services > BoP, current US$: Exports of goods and services (BoP, current US$). Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
  • Exports of goods and services > BoP, current US$ per capita: Exports of goods and services (BoP, current US$). Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • External balance on goods and services > Current LCU: External balance on goods and services (current LCU). External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • Import value index > 2000 = 100: Import value index (2000 = 100). Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's import value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the import value indexes are derived from import volume indexes (line 73) and corresponding unit value indexes of imports (line 75) in the IMF's International Financial Statistics.
  • Import value index > 2000 = 100 per million: Import value index (2000 = 100). Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's import value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the import value indexes are derived from import volume indexes (line 73) and corresponding unit value indexes of imports (line 75) in the IMF's International Financial Statistics. Figures expressed per million population for the same year.
  • Imports of goods and services > BoP, current US$: Imports of goods and services (BoP, current US$). Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.
  • Imports of goods and services > Current US$: Imports of goods and services (current US$). Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Liner shipping connectivity index > Maximum value in 2004 = 100 per million: Liner shipping connectivity index (maximum value in 2004 = 100). The Liner Shipping Connectivity Index captures how well countries are connected to global shipping networks. It is computed by the United Nations Conference on Trade and Development (UNCTAD) based on five components of the maritime transport sector: number of ships, their container-carrying capacity, maximum vessel size, number of services, and number of companies that deploy container ships in a country's ports. For each component a country's value is divided by the maximum value of each component in 2004, the five components are averaged for each country, and the average is divided by the maximum average for 2004 and multiplied by 100. The index generates a value of 100 for the country with the highest average index in 2004. . The underlying data come from Containerisation International Online. Figures expressed per million population for the same year.
  • Service exports > BoP, current US$: Service exports (BoP, current US$). Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.
  • Service exports > BoP, current US$, % of GDP: Service exports (BoP, current US$). Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Time to import > Days: Time to import (days). Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.
STAT AMOUNT DATE RANK HISTORY
Cost to export > US$ per container $1,300.00 2013 79th out of 188
Cost to import > US$ per container $2,235.00 2013 42nd out of 188
Documents to export > Number 4 2013 150th out of 188
Export value index > 2000 = 100 per million 650.34 2011 30th out of 197
Exports of goods and services > BoP, current US$ $193.49 million 2012 145th out of 150
Exports of goods and services > BoP, current US$ per capita $1,834.35 2012 89th out of 150
External balance on goods and services > Current LCU -541,510,000 2012 62nd out of 147
Import value index > 2000 = 100 133.09 2011 189th out of 197
Import value index > 2000 = 100 per million 1,266.64 2011 22nd out of 197
Imports of goods and services > BoP, current US$ $394.05 million 2012 146th out of 150
Imports of goods and services > Current US$ $394.05 million 2012 133th out of 140
Liner shipping connectivity index > Maximum value in 2004 = 100 per million 38.28 2012 16th out of 155
Service exports > BoP, current US$ $153.02 million 2012 138th out of 150
Service exports > BoP, current US$, % of GDP 19.38% 2012 27th out of 139
Time to import > Days 9 2013 162nd out of 188

SOURCES: World Bank, Doing Business project (http://www.doingbusiness.org/).; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; United Nations Conference on Trade and Development, Review of Maritime Transport 2010. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

Citation

NationMaster

Grenada Transport > Maritime Profiles (Subcategories)

Exports of goods and services 3 Imports of goods and services 7

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