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2022
Flag → Flag
Exports $6.84MRnk 171 / 218
2022
Flag → Flag
Top Product $1.61MAir Conditioners
2022
Flag → Flag
Exports $110kRnk 34 / 94
2022
Flag → Flag
Top Product $66.3kAircraft Parts
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Spain-Grenada Trade: In 2022, Spain exported $6.84M to Grenada. The main products that Spain exported to Grenada were Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). Over the past 5 years the exports of Spain to Grenada have increased at an annualized rate of 48%, from $963k in 2017 to $6.84M in 2022.

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

Grenada-Spain Trade: In 2022, Grenada exported $110k to Spain. The main products that Grenada exported to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). Over the past 5 years the exports of Grenada to Spain have increased at an annualized rate of 144%,  from $1.27k in 2017 to $110k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported €187k and imported €51.2 from Grenada, resulting in a positive trade balance of €187k. Between July 2023 and July 2024 the exports of Spain have decreased by €-165k (-46.9%) from €352k to €187k, while imports decreased by €-2.49k (-98%) from €2.54k to €51.2.

Trade In July 2024, the top exports of Spain to Grenada were Air Conditioners (€185k), Unglazed Ceramics (€51.4k), Garments of Impregnated Fabric (€11.4k), Textile Processing Machines (€11.2k), and Copper Bars (€8.69k). In July 2024 the top imports of Spain from Grenada were .

Origins In July 2024 the exports of Spain were mainly from Vizcaya (€144k), Castellón (€26.1k), Barcelona (€5.99k), Madrid (€5.36k), and Baleares (€3.34k), while imports destinations were mainly N/A.

Growth In July 2024, the decrease in Spain's year-by-year exports to Grenada was explained primarily by an decrease in product exports in Other Rubber Products (€-695 or -81.8%). In June 2024, the decrease in Spain's year-by-year imports  from Grenada was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-165k(-46.9%)
IMPORT GROWTH (June 2023 - June 2024)€-2.49k(-98%)
MAIN EXPORTER (July 2024)Vizcaya€144k

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

To check Grenada and Spain 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, Spain exported $6.84M to Grenada. The main products exported from Spain to Grenada were Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). During the last 5 years the exports of Spain to Grenada have increased at an annualized rate of 48%, from $963k in 2017 to $6.84M in 2022.

In 2017, Grenada exported $110k to Spain. The main products exported from Grenada to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). During the last 5 years the exports of Grenada to Spain have increased at an annualized rate of 144%, from $1.27k in 2022 to $110k in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Spain than Grenada included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Grenada than Spain included Saint Vincent and the Grenadines ($1.22M) and Montserrat ($169k).

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

Comparative Advantage Spain - Grenada

Flow
Scale

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

During 2022, Spain had a large net trade with Grenada in the exports of Machines ($4.26M), Stone And Glass ($939k), and Metals ($557k).

During 2017, Grenada had a large net trade with Spain in the exports of Transportation ($66.3k), Paper Goods ($23.9k), and Vegetable Products ($19.1k).

Economic Complexity

Competitive Landscape

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

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

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