Grenada (GRD) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Grenada-Barbados Trade: In 2022, Grenada exported $1.08M to Barbados. The main products that Grenada exported to Barbados were Toilet Paper ($513k), Large Construction Vehicles ($92.6k), and Crustaceans ($58.9k). Over the past 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 0.56%, from $1.11M in 2017 to $1.08M in 2022.

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

Barbados-Grenada Trade: In 2022, Barbados exported $13.5M to Grenada. The main products that Barbados exported to Grenada were Packaged Medicaments ($2M), Poultry ($680k), and Video Displays ($667k). Over the past 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 12.7%, from $26.7M in 2017 to $13.5M in 2022.

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

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $1.08M to Barbados. The main products exported from Grenada to Barbados were Toilet Paper ($513k), Large Construction Vehicles ($92.6k), and Crustaceans ($58.9k). During the last 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 0.56%, from $1.11M in 2017 to $1.08M in 2022.

In 2017, Barbados exported $13.5M to Grenada. The main products exported from Barbados to Grenada were Packaged Medicaments ($2M), Poultry ($680k), and Video Displays ($667k). During the last 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 12.7%, from $26.7M in 2022 to $13.5M in 2017.

Exports from Grenada () to Barbados () (2022)

Exports from Barbados () to Grenada () (2022)

Latest Data

Trade between Grenada () and Barbados ()

Grenada Exports

Date

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Grenada than Barbados included Hong Kong ($926k), Argentina ($562k), and Germany ($998k).

In 2022, countries that imported more from Barbados than Grenada included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados () and Grenada () (2022)

Comparative Advantage Grenada - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Barbados in the exports of Paper Goods ($517k), Machines ($206k), and Foodstuffs ($117k).

During 2017, Barbados had a large net trade with Grenada in the exports of Chemical Products ($3.52M), Foodstuffs ($2.36M), and Mineral Products ($1.75M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Grenada () to Barbados () (2022)

Exports from Barbados () to Grenada () (2022)

Latest Data

Trade between Grenada () and Barbados ()

Grenada Exports

Barbados Exports

Market Competitiveness

Difference in imports from Barbados () and Grenada () (2022)

Comparative Advantage Grenada - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and Barbados () (2022)

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