2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 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
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Grenada-Montenegro Trade: In 2022, Grenada exported $1.86k to Montenegro. The main products that Grenada exported to Montenegro were Beauty Products ($1.79k) and Rubber Pipes ($69). Over the past 6 years the exports of Grenada to Montenegro have decreased at an annualized rate of 5.94%, from $2.69k in 2016 to $1.86k in 2022.

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

Montenegro-Grenada In N/A, Montenegro did not export any products to Grenada.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $1.86k to Montenegro. The main products exported from Grenada to Montenegro were Beauty Products ($1.79k) and Rubber Pipes ($69). During the last 6 years the exports of Grenada to Montenegro have decreased at an annualized rate of 5.94%, from $2.69k in 2016 to $1.86k in 2022.

Montenegro does not register exports to Grenada.

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

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

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Grenada than Montenegro included United States ($10.5M), Antigua and Barbuda ($3.14M), and Saint Vincent and the Grenadines ($1.22M).

In 2022, countries that imported more from Montenegro than Grenada included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Grenada - Montenegro

Flow
Scale

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

During 2022, Grenada had a large net trade with Montenegro in the exports of Chemical Products ($1.79k) and Plastics and Rubbers ($69).

Economic Complexity

Competitive Landscape

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

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

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