2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Grenada-Canada Trade: In 2023, Grenada exported $1.61M to Canada. The main products that Grenada exported to Canada were Nutmeg, mace and cardamons ($1.13M), Non-fillet Fresh Fish ($313k), and Scrap Iron ($60k). Over the past 5 years the exports of Grenada to Canada have increased at an annualized rate of 6.04%, from $1.2M in 2018 to $1.61M in 2023.

In 2023, Grenada did not export any services to Canada.

Canada-Grenada Trade: In 2023, Canada exported $11.6M to Grenada. The main products that Canada exported to Grenada were Planes, Helicopters, and/or Spacecraft ($2.85M), Poultry Meat ($947k), and Dried/Salted/Smoked/Brined Fish ($805k). Over the past 5 years the exports of Canada to Grenada have increased at an annualized rate of 4.48%,  from $9.33M in 2018 to $11.6M in 2023.

In 2023, Canada did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $1.61M to Canada. The main products exported from Grenada to Canada were Nutmeg, mace and cardamons ($1.13M), Non-fillet Fresh Fish ($313k), and Scrap Iron ($60k). During the last 5 years the exports of Grenada to Canada have increased at an annualized rate of 6.04%, from $1.2M in 2018 to $1.61M in 2023.

In 2018, Canada exported $11.6M to Grenada. The main products exported from Canada to Grenada were Planes, Helicopters, and/or Spacecraft ($2.85M), Poultry Meat ($947k), and Dried/Salted/Smoked/Brined Fish ($805k). During the last 5 years the exports of Canada to Grenada have increased at an annualized rate of 4.48%, from $9.33M in 2023 to $11.6M in 2018.

Exports from Grenada (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and Canada (Flag)

Grenada Exports

Canada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Grenada than Canada included Antigua and Barbuda ($7.79M).

In 2023, countries that imported more from Canada than Grenada included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Canada

Flow
Scale

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

During 2023, Grenada had a large net trade with Canada in the exports of Vegetable Products ($1.13M), Animal Products ($314k), and Metals ($60k).

During 2018, Canada had a large net trade with Grenada in the exports of Transportation ($3.18M), Animal Products ($2.77M), and Machines ($1.31M).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Canada (Flag) (2023)

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