2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Austria-Grenada Trade: In 2023, Austria exported $1.48M to Grenada. The main products that Austria exported to Grenada were Poultry Meat ($809k), Cheese ($203k), and Cast Iron Pipes ($110k). Over the past 5 years the exports of Austria to Grenada have increased at an annualized rate of 78.7%, from $80.9k in 2018 to $1.48M in 2023.

In 2023, Austria did not export any services to Grenada.

Grenada-Austria Trade: In 2023, Grenada exported $538k to Austria. The main products that Grenada exported to Austria were Nutmeg, mace and cardamons ($505k), Scented Mixtures ($25.6k), and Chocolate ($1.97k). Over the past 5 years the exports of Grenada to Austria have decreased at an annualized rate of 0.54%,  from $553k in 2018 to $538k in 2023.

In 2023, Grenada did not export any services to Austria.

Comparison In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56),  and 31 in total exports ($204B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $1.48M to Grenada. The main products exported from Austria to Grenada were Poultry Meat ($809k), Cheese ($203k), and Cast Iron Pipes ($110k). During the last 5 years the exports of Austria to Grenada have increased at an annualized rate of 78.7%, from $80.9k in 2018 to $1.48M in 2023.

In 2018, Grenada exported $538k to Austria. The main products exported from Grenada to Austria were Nutmeg, mace and cardamons ($505k), Scented Mixtures ($25.6k), and Chocolate ($1.97k). During the last 5 years the exports of Grenada to Austria have decreased at an annualized rate of 0.54%, from $553k in 2023 to $538k in 2018.

Exports from Austria (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Grenada (Flag)

Austria Exports

Grenada Exports

Date

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Grenada
Top Destination
United States$13.8M

This map shows whether countries import more from Austria or Grenada. Each country is colored based on the difference in imports they receive from Austria and Grenada or the difference in the growth in imports.

In 2023, countries that imported more from Austria than Grenada included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Grenada than Austria included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Saint Kitts and Nevis ($2.83M).

Difference in imports from Grenada (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Grenada

Flow
Scale

This chart compares trade between Austria and Grenada by product, considering products traded by both, Austria and Grenada.

During 2023, Austria had a large net trade with Grenada in the exports of Animal Products ($1.01M), Foodstuffs ($171k), and Metals ($110k).

During 2018, Grenada had a large net trade with Austria in the exports of Vegetable Products ($505k), Chemical Products ($25.8k), and Foodstuffs ($2.84k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Grenada. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Grenada. Similarly, a dot/product with the flag of Grenada indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Grenada (Flag) (2023)

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