2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Grenada-Belgium In 2022, Grenada exported $178k to Belgium. The main products that Grenada exported to Belgium are Scrap Aluminium ($133k), Cocoa Beans ($36.5k), and Seats ($4.23k). During the last 23 years the exports of Grenada to Belgium have increased at an annualized rate of 3.86%, from $74.5k in 1999 to $178k in 2022.

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

Belgium-Grenada In 2022, Belgium exported $819k to Grenada. The main products that Belgium exported to Grenada were Other Frozen Vegetables ($357k), Milk ($240k), and Plastic Lids ($92.5k). During the last 23 years the exports of Belgium to Grenada have increased at an annualized rate of 5.04%, from $264k in 1999 to $819k in 2022.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $178k to Belgium. The main products exported from Grenada to Belgium were Scrap Aluminium ($133k), Cocoa Beans ($36.5k), and Seats ($4.23k). During the last 23 years the exports of Grenada to Belgium have increased at an annualized rate of 3.86%, from $74.5k in 1999 to $178k in 2022.

In 2022, Belgium exported $819k to Grenada. The main products exported from Belgium to Grenada were Other Frozen Vegetables ($357k), Milk ($240k), and Plastic Lids ($92.5k). During the last 23 years the exports of Belgium to Grenada have increased at an annualized rate of 5.04%, from $264k in 1999 to $819k in 2022.

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

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

Latest Data

Trade between Grenada (Flag) and Belgium (Flag)

Grenada Exports

Belgium Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Belgium
Top Destination
Germany$91.9B

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

In 2021, countries that imported more from Grenada than Belgium were Saint Vincent and the Grenadines ($1.22M), Montserrat ($169k), and Saint Kitts and Nevis ($141k).

In 2021, countries that imported more from Belgium than Grenada were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Grenada - Belgium

Flow
Scale

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

During 2022, Grenada had a large net trade with Belgium in the exports of Metals ($133k), Foodstuffs ($36.5k), and Miscellaneous ($4.23k).

During 2022, Belgium had a large net trade with Grenada in the exports of Foodstuffs ($375k), Animal Products ($240k), and Plastics and Rubbers ($93.2k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Grenada has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Grenada.

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

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