2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Grenada-Hungary Trade: In 2022, Grenada exported $87 to Hungary. The main products that Grenada exported to Hungary were Broadcasting Equipment ($87). Over the past 21 years the exports of Grenada to Hungary have decreased at an annualized rate of 21.5%, from $13.9k in 2001 to $87 in 2022.

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

Hungary-Grenada Trade: In 2022, Hungary exported $262k to Grenada. The main products that Hungary exported to Grenada were Cars ($224k), Other Office Machines ($25.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($4.75k). Over the past 21 years the exports of Hungary to Grenada have decreased at an annualized rate of 15.3%,  from $603k in 2001 to $262k in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $87 to Hungary. The main products exported from Grenada to Hungary were Broadcasting Equipment ($87). During the last 21 years the exports of Grenada to Hungary have decreased at an annualized rate of 21.5%, from $13.9k in 2001 to $87 in 2022.

In 2017, Hungary exported $262k to Grenada. The main products exported from Hungary to Grenada were Cars ($224k), Other Office Machines ($25.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($4.75k). During the last 5 years the exports of Hungary to Grenada have decreased at an annualized rate of 15.3%, from $603k in 2022 to $262k in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Grenada than Hungary included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Eswatini ($223k).

In 2022, countries that imported more from Hungary than Grenada included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

Comparative Advantage Grenada - Hungary

Flow
Scale

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

During 2022, Grenada had a large net trade with Hungary in the exports of Machines ($87).

During 2017, Hungary had a large net trade with Grenada in the exports of Transportation ($229k), Machines ($27.3k), and Chemical Products ($2.09k).

Economic Complexity

Competitive Landscape

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

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

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