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2021
Flag → Flag
Exports $54.3kRnk 17 / 0
2021
Flag → Flag
Exports $67.2MRnk 4 / 78
2021
Flag → Flag
Top Product $66.9MRefined Petroleum
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 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$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Grenada-Cayman Islands Trade: In 2021, Grenada exported $54.3k to Cayman Islands. The main products that Grenada exported to Cayman Islands were N/A. Over the past 5 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 150%, from $557 in 2016 to $54.3k in 2021.

In 2021, Grenada did not export any services to Cayman Islands.

Cayman Islands-Grenada Trade: In 2021, Cayman Islands exported $67.2M to Grenada. The main products that Cayman Islands exported to Grenada were Refined Petroleum ($66.9M), Petroleum Gas ($203k), and Laboratory Reagents ($40.8k). Over the past 5 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 270%,  from $96.8k in 2016 to $67.2M in 2021.

In 2021, Cayman Islands did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Cayman Islands ranked 165 in total exports ($818M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $54.3k to Cayman Islands. There were not main exports from Grenada to Cayman Islands in 2021. During the last 5 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 150%, from $557 in 2016 to $54.3k in 2021.

In 2018, Cayman Islands exported $67.2M to Grenada. The main products exported from Cayman Islands to Grenada were Refined Petroleum ($66.9M), Petroleum Gas ($203k), and Laboratory Reagents ($40.8k). During the last 5 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 270%, from $96.8k in 2023 to $67.2M in 2018.

Exports from Grenada (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and Cayman Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Grenada than Cayman Islands included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Trinidad and Tobago ($3.15M).

In 2023, countries that imported more from Cayman Islands than Grenada included United Kingdom ($326M), Cyprus ($172M), and Germany ($74.8M).

Difference in imports from Cayman Islands (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Cayman Islands

Flow
Scale

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

During 2021, Grenada had a large net trade with Cayman Islands in the exports of .

During 2018, Cayman Islands had a large net trade with Grenada in the exports of Mineral Products ($67.1M), Chemical Products ($57.4k), and Machines ($7.04k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Cayman Islands (Flag) (2023)

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