2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 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

Estonia-Grenada Trade: In 2022, Estonia exported $1.07M to Grenada. The main products that Estonia exported to Grenada were Office Machine Parts ($973k), Concentrated Milk ($47.7k), and Electrical Control Boards ($27.4k). Over the past 5 years the exports of Estonia to Grenada have increased at an annualized rate of 480%, from $163 in 2017 to $1.07M in 2022.

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

Grenada-Estonia Trade: In 2022, Grenada exported $143k to Estonia. The main products that Grenada exported to Estonia were Nutmeg, mace and cardamons ($110k), Rock Wool ($19.4k), and Other Small Iron Pipes ($11.4k). Over the past 5 years the exports of Grenada to Estonia have increased at an annualized rate of 66.7%,  from $11.1k in 2017 to $143k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B). 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, Estonia exported $1.07M to Grenada. The main products exported from Estonia to Grenada were Office Machine Parts ($973k), Concentrated Milk ($47.7k), and Electrical Control Boards ($27.4k). During the last 5 years the exports of Estonia to Grenada have increased at an annualized rate of 480%, from $163 in 2017 to $1.07M in 2022.

In 2017, Grenada exported $143k to Estonia. The main products exported from Grenada to Estonia were Nutmeg, mace and cardamons ($110k), Rock Wool ($19.4k), and Other Small Iron Pipes ($11.4k). During the last 5 years the exports of Grenada to Estonia have increased at an annualized rate of 66.7%, from $11.1k in 2022 to $143k in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Grenada (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Estonia than Grenada included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Grenada than Estonia included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

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

Comparative Advantage Estonia - Grenada

Flow
Scale

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

During 2022, Estonia had a large net trade with Grenada in the exports of Machines ($1.01M), Animal Products ($47.7k), and Transportation ($8.12k).

During 2017, Grenada had a large net trade with Estonia in the exports of Vegetable Products ($110k), Stone And Glass ($19.4k), and Metals ($11.6k).

Economic Complexity

Competitive Landscape

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

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

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