2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Grenada-Curaçao Trade: In 2022, Grenada exported $2.72k to Curaçao. The main products that Grenada exported to Curaçao were Electrical Transformers ($2.4k), Electrical Lighting and Signalling Equipment ($151), and Motor vehicles; parts and accessories (8701 to 8705) ($101). Over the past 9 years the exports of Grenada to Curaçao have decreased at an annualized rate of 4.65%, from $4.17k in 2013 to $2.72k in 2022.

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

Curaçao-Grenada Trade: In 2022, Curaçao exported $3.02M to Grenada. The main products that Curaçao exported to Grenada were Non-Knit Men's Suits ($546k), Non-Knit Women's Suits ($387k), and Knit T-shirts ($257k). Over the past 9 years the exports of Curaçao to Grenada have decreased at an annualized rate of 28.4%,  from $16.1M in 2013 to $3.02M in 2022.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Curaçao ranked 181 in total exports ($255M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $2.72k to Curaçao. The main products exported from Grenada to Curaçao were Electrical Transformers ($2.4k), Electrical Lighting and Signalling Equipment ($151), and Motor vehicles; parts and accessories (8701 to 8705) ($101). During the last 9 years the exports of Grenada to Curaçao have decreased at an annualized rate of 4.65%, from $4.17k in 2013 to $2.72k in 2022.

In 2017, Curaçao exported $3.02M to Grenada. The main products exported from Curaçao to Grenada were Non-Knit Men's Suits ($546k), Non-Knit Women's Suits ($387k), and Knit T-shirts ($257k). During the last 5 years the exports of Curaçao to Grenada have decreased at an annualized rate of 28.4%, from $16.1M in 2022 to $3.02M in 2017.

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

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

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Curaçao
Top Destination
United States$43.3M

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

In 2022, countries that imported more from Grenada than Curaçao included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Hong Kong ($926k).

In 2022, countries that imported more from Curaçao than Grenada included Costa Rica ($40.8M), United States ($43.3M), and India ($22.5M).

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

Comparative Advantage Grenada - Curaçao

Flow
Scale

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

During 2022, Grenada had a large net trade with Curaçao in the exports of Machines ($2.62k) and Transportation ($101).

During 2017, Curaçao had a large net trade with Grenada in the exports of Textiles ($1.9M), Machines ($455k), and Chemical Products ($202k).

Economic Complexity

Competitive Landscape

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

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

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