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2023
Flag → Flag
Exports $5.8kRnk 73 / 96
2023
Flag → Flag
Top Product $1.87kGas and Liquid Flow Measuring Instruments
2023
Flag → Flag
Exports $1.65MRnk 106 / 172
2023
Flag → Flag
Top Product $1.12MOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Grenada-Costa Rica Trade: In 2023, Grenada exported $5.8k to Costa Rica. The main products that Grenada exported to Costa Rica were Gas and Liquid Flow Measuring Instruments ($1.87k), Other Edible Preparations ($1.75k), and Asphalt ($1.49k). Over the past 5 years the exports of Grenada to Costa Rica have increased at an annualized rate of 354%, from $3 in 2018 to $5.8k in 2023.

In 2023, Grenada did not export any services to Costa Rica.

Costa Rica-Grenada Trade: In 2023, Costa Rica exported $1.65M to Grenada. The main products that Costa Rica exported to Grenada were Other Edible Preparations ($1.12M), Metal Stoppers ($213k), and Other Processed Fruits and Nuts ($140k). Over the past 5 years the exports of Costa Rica to Grenada have decreased at an annualized rate of 3.29%,  from $2.16M in 2018 to $1.65M in 2023.

In 2023, Costa Rica 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, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $5.8k to Costa Rica. The main products exported from Grenada to Costa Rica were Gas and Liquid Flow Measuring Instruments ($1.87k), Other Edible Preparations ($1.75k), and Asphalt ($1.49k). During the last 5 years the exports of Grenada to Costa Rica have increased at an annualized rate of 354%, from $3 in 2018 to $5.8k in 2023.

In 2018, Costa Rica exported $1.65M to Grenada. The main products exported from Costa Rica to Grenada were Other Edible Preparations ($1.12M), Metal Stoppers ($213k), and Other Processed Fruits and Nuts ($140k). During the last 5 years the exports of Costa Rica to Grenada have decreased at an annualized rate of 3.29%, from $2.16M in 2023 to $1.65M in 2018.

Exports from Grenada (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and Costa Rica (Flag)

Costa Rica Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Grenada than Costa Rica included Antigua and Barbuda ($7.79M), Dominica ($3.53M), and Saint Vincent and the Grenadines ($4.67M).

In 2023, countries that imported more from Costa Rica than Grenada included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

Difference in imports from Costa Rica (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Costa Rica

Flow
Scale

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

During 2023, Grenada had a large net trade with Costa Rica in the exports of Instruments ($1.87k), Foodstuffs ($1.75k), and Stone And Glass ($1.49k).

During 2018, Costa Rica had a large net trade with Grenada in the exports of Foodstuffs ($1.26M), Metals ($276k), and Chemical Products ($34.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Costa Rica (Flag) (2023)

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