2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 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 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 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

Colombia-Grenada Trade: In 2023, Colombia exported $2.47M to Grenada. The main products that Colombia exported to Grenada were Raw Sugar ($975k), Trunks and Cases ($164k), and Other Furniture ($157k). Over the past 5 years the exports of Colombia to Grenada have increased at an annualized rate of 31.5%, from $628k in 2018 to $2.47M in 2023.

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

Grenada-Colombia Trade: In 2023, Grenada exported $31.3k to Colombia. The main products that Grenada exported to Colombia were Toilet Paper ($31.3k). Over the past 5 years the exports of Grenada to Colombia have increased at an annualized rate of 217%,  from $98 in 2018 to $31.3k in 2023.

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

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). 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, Colombia exported $2.47M to Grenada. The main products exported from Colombia to Grenada were Raw Sugar ($975k), Trunks and Cases ($164k), and Other Furniture ($157k). During the last 5 years the exports of Colombia to Grenada have increased at an annualized rate of 31.5%, from $628k in 2018 to $2.47M in 2023.

In 2018, Grenada exported $31.3k to Colombia. The main products exported from Grenada to Colombia were Toilet Paper ($31.3k). During the last 5 years the exports of Grenada to Colombia have increased at an annualized rate of 217%, from $98 in 2023 to $31.3k in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Grenada (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Colombia than Grenada included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Grenada than Colombia included Saint Kitts and Nevis ($2.83M), Eswatini ($261k), and Saint Vincent and the Grenadines ($4.67M).

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

Comparative Advantage Colombia - Grenada

Flow
Scale

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

During 2023, Colombia had a large net trade with Grenada in the exports of Foodstuffs ($1.19M), Miscellaneous ($261k), and Machines ($260k).

During 2018, Grenada had a large net trade with Colombia in the exports of Paper Goods ($31.3k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with