2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 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

Ecuador-Grenada Trade: In 2022, Ecuador exported $179 to Grenada. The main products that Ecuador exported to Grenada were Packing Bags ($179). Over the past 5 years the exports of Ecuador to Grenada have decreased at an annualized rate of 69.3%, from $65.8k in 2017 to $179 in 2022.

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

Grenada-Ecuador Trade: In 2022, Grenada exported $2 to Ecuador. The main products that Grenada exported to Ecuador were N/A. Over the past 5 years the exports of Grenada to Ecuador have decreased at an annualized rate of 21.6%,  from $1.12k in 2017 to $2 in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $179 to Grenada. The main products exported from Ecuador to Grenada were Packing Bags ($179). During the last 5 years the exports of Ecuador to Grenada have decreased at an annualized rate of 69.3%, from $65.8k in 2017 to $179 in 2022.

In 2015, Grenada exported $2 to Ecuador. There were not main exports from Grenada to Ecuador in 2015. During the last 5 years the exports of Grenada to Ecuador have decreased at an annualized rate of 21.6%, from $1.12k in 2020 to $2 in 2015.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Ecuador than Grenada included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Grenada than Ecuador included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Saint Lucia ($716k).

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

Comparative Advantage Ecuador - Grenada

Flow
Scale

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

During 2022, Ecuador had a large net trade with Grenada in the exports of Textiles ($179).

During 2015, Grenada had a large net trade with Ecuador in the exports of .

Economic Complexity

Competitive Landscape

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

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

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