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2020
Flag → Flag
Exports $3Rnk 37 / 0
2020
Flag → Flag
Exports $2.28kRnk 166 / 174
2020
Flag → Flag
Top Product $1.35kOther Rubber Products
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Grenada-Ecuador Trade: In 2020, Grenada exported $3 to Ecuador. The main products that Grenada exported to Ecuador were N/A. Over the past 6 years the exports of Grenada to Ecuador have decreased at an annualized rate of 60%, from $731 in 2014 to $3 in 2020.

In 2020, Grenada did not export any services to Ecuador.

Ecuador-Grenada Trade: In 2020, Ecuador exported $2.28k to Grenada. The main products that Ecuador exported to Grenada were Other Rubber Products ($1.35k), Thermostats ($607), and Laboratory Reagents ($107). Over the past 6 years the exports of Ecuador to Grenada have decreased at an annualized rate of 55.4%,  from $129k in 2014 to $2.28k in 2020.

In 2020, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Grenada exported $3 to Ecuador. There were not main exports from Grenada to Ecuador in 2020. During the last 6 years the exports of Grenada to Ecuador have decreased at an annualized rate of 60%, from $731 in 2014 to $3 in 2020.

In 2018, Ecuador exported $2.28k to Grenada. The main products exported from Ecuador to Grenada were Other Rubber Products ($1.35k), Thermostats ($607), and Laboratory Reagents ($107). During the last 5 years the exports of Ecuador to Grenada have decreased at an annualized rate of 55.4%, from $129k in 2023 to $2.28k in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Ecuador
Top DestinationUnited States$8.34B

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

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

In 2023, countries that imported more from Ecuador than Grenada included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Grenada - Ecuador

Flow
Scale

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

During 2020, Grenada had a large net trade with Ecuador in the exports of .

During 2018, Ecuador had a large net trade with Grenada in the exports of Plastics and Rubbers ($1.35k), Instruments ($607), and Machines ($146).

Economic Complexity

Competitive Landscape

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

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

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