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Pricing

2022
Flag → Flag
Exports $4.65MRnk 185 / 223
2022
Flag → Flag
Top Product $685kRolled Tobacco
2022
Flag → Flag
Exports $998kRnk 7 / 94
2022
Flag → Flag
Top Product $720kNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Germany-Grenada Trade: In 2022, Germany exported $4.65M to Grenada. The main products that Germany exported to Grenada were Rolled Tobacco ($685k), Gas and Liquid Flow Measuring Instruments ($541k), and Electrical Transformers ($222k). Over the past 5 years the exports of Germany to Grenada have decreased at an annualized rate of 5.34%, from $6.11M in 2017 to $4.65M in 2022.

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

Grenada-Germany Trade: In 2022, Grenada exported $998k to Germany. The main products that Grenada exported to Germany were Nutmeg, mace and cardamons ($720k), Frozen Bovine Meat ($131k), and Cocoa Beans ($88.2k). Over the past 5 years the exports of Grenada to Germany have decreased at an annualized rate of 24.3%,  from $4.01M in 2017 to $998k in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €172k and imported €14k from Grenada, resulting in a positive trade balance of €158k. Between July 2023 and July 2024 the exports of Germany have decreased by €-657k (-79.3%) from €829k to €172k, while imports decreased by €-58k (-80.6%) from €72k to €14k.

Trade In July 2024, the top exports of Germany to Grenada were Measuring and automatical control instruments (€48k), Machinery for electricity production, distribution (€42k), Other electric machinery, apparatus and appliances (€35k), Lighting equipment and electric lamps (€34k), and Other articles of iron, iron sheet,... (€14k). In July 2024 the top imports of Germany from Grenada were Spices (€102k), Meat and meat products (€11k), Spirits (€3k), and Articles of plastic (€0).

Origins In July 2024 the exports of Germany were mainly from Schleswig-Holstein (€85k), Baden-Württemberg (€13k), Bavaria (€12k), Rhineland-Pfalz (€11k), and North Rhine-Westphalia (€5k), while imports destinations were mainly Baden-Württemberg (€11k), Bavaria (€2k), and Hesse (€1k).

Growth In July 2024, the decrease in Germany's year-by-year exports to Grenada was explained primarily by an decrease in product exports in Pumps and compressors (€-11k or -64.7%), Machine-tools (€-11k or -64.7%), and Other articles of iron, iron sheet,... (€-5k or -26.3%). In July 2024, the decrease in Germany's year-by-year imports  from Grenada was explained primarily by an decrease in product imports  in Articles of plastic (€-2k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€-657k(-79.3%)
IMPORT GROWTH (July 2023 - July 2024)€-58k(-80.6%)
MAIN EXPORTER (July 2024)Schleswig-Holstein€85k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Grenada and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $4.65M to Grenada. The main products exported from Germany to Grenada were Rolled Tobacco ($685k), Gas and Liquid Flow Measuring Instruments ($541k), and Electrical Transformers ($222k). During the last 5 years the exports of Germany to Grenada have decreased at an annualized rate of 5.34%, from $6.11M in 2017 to $4.65M in 2022.

In 2017, Grenada exported $998k to Germany. The main products exported from Grenada to Germany were Nutmeg, mace and cardamons ($720k), Frozen Bovine Meat ($131k), and Cocoa Beans ($88.2k). During the last 5 years the exports of Grenada to Germany have decreased at an annualized rate of 24.3%, from $4.01M in 2022 to $998k in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Germany than Grenada included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Grenada than Germany included North Korea ($708).

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

Comparative Advantage Germany - Grenada

Flow
Scale

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

During 2022, Germany had a large net trade with Grenada in the exports of Machines ($1.45M), Instruments ($771k), and Foodstuffs ($685k).

During 2017, Grenada had a large net trade with Germany in the exports of Vegetable Products ($721k), Animal Products ($131k), and Foodstuffs ($117k).

Economic Complexity

Competitive Landscape

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

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

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