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Flag → Flag
Top Product $198Nutmeg, mace and cardamons
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Flag → Flag
Exports $91Rnk 156 / 157
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Flag → Flag
Top Product $46Broadcasting Equipment
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 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$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

In N/A, Grenada did not export any services to Iceland.

Iceland-Grenada Trade: In N/A, Iceland exported $91 to Grenada. The main products that Iceland exported to Grenada were Broadcasting Equipment ($46) and Chocolate ($45). Over the past N/A years the exports of Iceland to Grenada have decreased at an annualized rate of 2.26%,  from $102 in N/A to $91 in N/A.

In N/A, Iceland did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Iceland ranked 115 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Grenada does not register exports to Iceland. The main products exported from Grenada to Iceland were Nutmeg, mace and cardamons ($198).

In 2018, Iceland exported $91 to Grenada. The main products exported from Iceland to Grenada were Broadcasting Equipment ($46) and Chocolate ($45). During the last 5 years the exports of Iceland to Grenada have decreased at an annualized rate of 2.26%, from $102 in 2023 to $91 in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Grenada than Iceland included Saint Vincent and the Grenadines ($4.67M), Dominica ($3.53M), and Trinidad and Tobago ($3.15M).

In 2023, countries that imported more from Iceland than Grenada included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

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

Comparative Advantage Grenada - Iceland

Flow
Scale

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

During 2018, Iceland had a large net trade with Grenada in the exports of Machines ($46) and Foodstuffs ($45).

Economic Complexity

Competitive Landscape

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

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

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