Martinique's export sector encompasses a diverse range of products and services, contributing to the island's economic growth and development. The top 10 major exports of Martinique include bananas, rum, sugar, pharmaceuticals, processed food and beverages, perfumes and cosmetics, plastics and rubber products, agricultural products, tobacco, and textiles and apparel.
Bananas
Bananas are Martinique's primary agricultural export and a vital source of revenue for the island. Known for their superior taste and quality, Martinique's bananas are in high demand in international markets. In terms of volume, Martinique exported approximately 40,000 metric tons of bananas, valued at around $45 million. Its major trading partners for this product include France, the United Kingdom, and the United States.
Rum
Rum production is a significant industry in Martinique, with the island being famous for its high-quality rums. Martinique's rum is renowned for its unique flavors and production methods. In terms of volume, Martinique exported around 1.5 million liters of rum, valued at approximately $40 million. Its closest trading partners for rum include France, the United States, and the United Kingdom.
Sugar
Sugar production plays a vital role in Martinique's agricultural sector. The island's favorable climate and fertile soil allow for the cultivation of sugar cane. In terms of volume, Martinique exported approximately 15,000 metric tons of sugar, valued at around $20 million. Its primary trading partners for sugar include France, the United Kingdom, and the United States.
Pharmaceuticals
Martinique's pharmaceutical industry has been growing steadily, with the island exporting a range of pharmaceutical products. In terms of volume, Martinique exported pharmaceuticals valued at approximately $15 million. Its major trading partners for pharmaceuticals include France, Belgium, and Germany.
Processed Food and Beverages
Martinique produces a variety of processed food and beverages, including fruit juices, preserves, and canned goods. These products cater to both domestic and international markets. In terms of volume, Martinique exported processed food and beverages worth around $10 million. Its closest trading partners for this category include France, the United States, and Canada.
Perfumes and Cosmetics
Martinique is known for its production of perfumes and cosmetics, utilizing locally sourced ingredients. These products are popular for their unique tropical scents. In terms of volume, Martinique exported perfumes and cosmetics valued at approximately $5 million. Its primary trading partners for this category include France, the United States, and Canada.
Plastics and Rubber Products
The manufacturing sector in Martinique encompasses the production of plastics and rubber products. These products include packaging materials, containers, and automotive components. In terms of volume, Martinique exported plastics and rubber products worth around $4 million. Its major trading partners for this category include France, the United States, and Canada.
Agricultural Products
Apart from bananas and sugar, Martinique exports a range of other agricultural products, including vegetables, fruits, and spices. These products are cultivated using sustainable farming practices. In terms of volume, Martinique exported agricultural products valued at approximately $3 million. Its closest trading partners for agricultural products include France, the United States, and Canada.
Tobacco
Tobacco production is a small but notable industry in Martinique. The island produces tobacco leaves for use in cigars and other tobacco products. In terms of volume, Martinique exported tobacco products worth around $2 million. Its primary trading partners for tobacco include France, the United Kingdom, and the United States.
Textiles and Apparel
The textile and apparel industry in Martinique produces a range of clothing and accessories. These products often incorporate local designs and materials. In terms of volume, Martinique exported textiles and apparel valued at approximately $1 million. Its major trading partners for this category include France, the United States, and Canada.