2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 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
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Grenada-Belize Trade: In 2022, Grenada exported $26.8k to Belize. The main products that Grenada exported to Belize were Beer ($17.2k) and Other Fermented Beverages ($9.64k). Over the past 5 years the exports of Grenada to Belize have decreased at an annualized rate of 51.5%, from $1M in 2017 to $26.8k in 2022.

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

Belize-Grenada Trade: In 2022, Belize exported $950k to Grenada. The main products that Belize exported to Grenada were Raw Sugar ($721k), Ice Cream ($108k), and Plaster Articles ($41.9k). Over the past 5 years the exports of Belize to Grenada have increased at an annualized rate of 38.7%,  from $185k in 2017 to $950k in 2022.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Belize ranked 175 in total exports ($399M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $26.8k to Belize. The main products exported from Grenada to Belize were Beer ($17.2k) and Other Fermented Beverages ($9.64k). During the last 5 years the exports of Grenada to Belize have decreased at an annualized rate of 51.5%, from $1M in 2017 to $26.8k in 2022.

In 2017, Belize exported $950k to Grenada. The main products exported from Belize to Grenada were Raw Sugar ($721k), Ice Cream ($108k), and Plaster Articles ($41.9k). During the last 5 years the exports of Belize to Grenada have increased at an annualized rate of 38.7%, from $185k in 2022 to $950k in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Grenada than Belize included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Argentina ($562k).

In 2022, countries that imported more from Belize than Grenada included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

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

Comparative Advantage Grenada - Belize

Flow
Scale

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

During 2022, Grenada had a large net trade with Belize in the exports of Foodstuffs ($26.8k).

During 2017, Belize had a large net trade with Grenada in the exports of Foodstuffs ($829k), Stone And Glass ($67.4k), and Chemical Products ($52.6k).

Economic Complexity

Competitive Landscape

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

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

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