2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Barbados-Grenada Trade: In 2022, Barbados exported $13.5M to Grenada. The main products that Barbados exported to Grenada were Packaged Medicaments ($2M), Poultry ($680k), and Video Displays ($667k). Over the past 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 12.7%, from $26.7M in 2017 to $13.5M in 2022.

In 2022, Barbados did not export any services to Grenada.

Grenada-Barbados Trade: In 2022, Grenada exported $1.08M to Barbados. The main products that Grenada exported to Barbados were Toilet Paper ($513k), Large Construction Vehicles ($92.6k), and Crustaceans ($58.9k). Over the past 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 0.56%,  from $1.11M in 2017 to $1.08M in 2022.

In 2022, Grenada did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Grenada ranked 206 in total exports ($31.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $13.5M to Grenada. The main products exported from Barbados to Grenada were Packaged Medicaments ($2M), Poultry ($680k), and Video Displays ($667k). During the last 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 12.7%, from $26.7M in 2017 to $13.5M in 2022.

In 2017, Grenada exported $1.08M to Barbados. The main products exported from Grenada to Barbados were Toilet Paper ($513k), Large Construction Vehicles ($92.6k), and Crustaceans ($58.9k). During the last 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 0.56%, from $1.11M in 2022 to $1.08M in 2017.

Exports from Barbados (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Grenada (Flag)

Barbados Exports

Grenada Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Barbados than Grenada included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Grenada than Barbados included Hong Kong ($926k), Argentina ($562k), and Germany ($998k).

Difference in imports from Grenada (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Grenada

Flow
Scale

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

During 2022, Barbados had a large net trade with Grenada in the exports of Chemical Products ($3.52M), Foodstuffs ($2.36M), and Mineral Products ($1.75M).

During 2017, Grenada had a large net trade with Barbados in the exports of Paper Goods ($517k), Machines ($206k), and Foodstuffs ($117k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Grenada (Flag) (2022)

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