2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Grenada Trade: In 2022, United Kingdom exported $17.6M to Grenada. The main products that United Kingdom exported to Grenada were Packaged Medicaments ($888k), Cheese ($781k), and Insulated Wire ($716k). Over the past 5 years the exports of United Kingdom to Grenada have decreased at an annualized rate of 2.19%, from $19.6M in 2017 to $17.6M in 2022.

In 2022, United Kingdom did not export any services to Grenada.

Grenada-United Kingdom Trade: In 2022, Grenada exported $754k to United Kingdom. The main products that Grenada exported to United Kingdom were Telephones ($123k), Gas and Liquid Flow Measuring Instruments ($95.2k), and Nutmeg, mace and cardamons ($50.3k). Over the past 5 years the exports of Grenada to United Kingdom have decreased at an annualized rate of 10%,  from $1.28M in 2017 to $754k in 2022.

In 2022, Grenada did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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, United Kingdom exported $17.6M to Grenada. The main products exported from United Kingdom to Grenada were Packaged Medicaments ($888k), Cheese ($781k), and Insulated Wire ($716k). During the last 5 years the exports of United Kingdom to Grenada have decreased at an annualized rate of 2.19%, from $19.6M in 2017 to $17.6M in 2022.

In 2017, Grenada exported $754k to United Kingdom. The main products exported from Grenada to United Kingdom were Telephones ($123k), Gas and Liquid Flow Measuring Instruments ($95.2k), and Nutmeg, mace and cardamons ($50.3k). During the last 5 years the exports of Grenada to United Kingdom have decreased at an annualized rate of 10%, from $1.28M in 2022 to $754k in 2017.

Exports from United Kingdom (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Grenada
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Grenada (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Grenada

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Grenada in the exports of Machines ($5.12M), Metals ($2.28M), and Chemical Products ($2.08M).

During 2017, Grenada had a large net trade with United Kingdom in the exports of Machines ($223k), Instruments ($157k), and Vegetable Products ($151k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Grenada (Flag) (2022)

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