Search results
Results From The WOW.Com Content Network
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [16] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
Citrus production in Dominica is a major export, also with bananas and coconuts. The main producing areas are in the Layou River Valley and on the southwest coast. For many years Dominica was the principal source of fruit used in Rose's lime juice. In 1999, 21,000 tons of grapefruit, 1,000 tons of lemons and limes and 8,000 tons of oranges were ...
By international standards, minerals most valuable on the international market are found in Cuba, Jamaica, and Trinidad and Tobago.Several nations of the Caribbean are rich in natural resources; including Trinidad's vast natural gas and oil reserves, Jamaican bauxite and most recently the discovery of a large oil field in Guyana.
Jamaica is an upper-middle-income country [15] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [20] Jamaica is a parliamentary constitutional monarchy, with power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives. [9]
Located 22 miles (35 km) west of Kingston, [6] Port Esquivel is primarily an alumina-handling facility but is also the only port on Jamaica's south coast capable of accommodating large ships. [7] Its 645 feet (197 m) pier is made of concrete and steel and some 35,000 tonnes (34,000 long tons; 39,000 short tons) of goods can be loaded and ...
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
Service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Some countries have significantly high export figures relative to their economy's size (i.e. Netherlands, Singapore and UAE) due to their high amount of re-exports .
Merchandise exports are goods that are produced in one country and sold to another country. Only physical objects are counting under this kind of exports. For example, cars, clothing, machinery, and agricultural products are merchandise exports. Exports of services are excluded.