Grenada (GRD) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Grenada-Spain Trade: In 2022, Grenada exported $110k to Spain. The main products that Grenada exported to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). Over the past 5 years the exports of Grenada to Spain have increased at an annualized rate of 144%, from $1.27k in 2017 to $110k in 2022.

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

Spain-Grenada Trade: In 2022, Spain exported $6.84M to Grenada. The main products that Spain exported to Grenada were Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). Over the past 5 years the exports of Spain to Grenada have increased at an annualized rate of 48%, from $963k in 2017 to $6.84M in 2022.

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

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $110k to Spain. The main products exported from Grenada to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). During the last 5 years the exports of Grenada to Spain have increased at an annualized rate of 144%, from $1.27k in 2017 to $110k in 2022.

In 2017, Spain exported $6.84M to Grenada. The main products exported from Spain to Grenada were Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). During the last 5 years the exports of Spain to Grenada have increased at an annualized rate of 48%, from $963k in 2022 to $6.84M in 2017.

Exports from Grenada () to Spain () (2022)

Exports from Spain () to Grenada () (2022)

Latest Data

Trade between Grenada () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Grenada than Spain included Saint Vincent and the Grenadines ($1.22M) and Montserrat ($169k).

In 2022, countries that imported more from Spain than Grenada included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Grenada () (2022)

Comparative Advantage Grenada - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Spain in the exports of Transportation ($66.3k), Paper Goods ($23.9k), and Vegetable Products ($19.1k).

During 2017, Spain had a large net trade with Grenada in the exports of Machines ($4.26M), Stone And Glass ($939k), and Metals ($557k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Grenada () to Spain () (2022)

Exports from Spain () to Grenada () (2022)

Latest Data

Trade between Grenada () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Grenada () (2022)

Comparative Advantage Grenada - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and Spain () (2022)

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