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2023
Flag → Flag
Exports $274kRnk 27 / 96
2023
Flag → Flag
Top Product $171kScrap Iron
2023
Flag → Flag
Exports $1.13MRnk 185 / 221
2023
Flag → Flag
Top Product $372kPalm Oil
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Grenada-Malaysia Trade: In 2023, Grenada exported $274k to Malaysia. The main products that Grenada exported to Malaysia were Scrap Iron ($171k), Copper Powder ($58.3k), and Animal Food ($36.5k). Over the past 5 years the exports of Grenada to Malaysia have increased at an annualized rate of 102%, from $8.21k in 2018 to $274k in 2023.

In 2023, Grenada did not export any services to Malaysia.

Malaysia-Grenada Trade: In 2023, Malaysia exported $1.13M to Grenada. The main products that Malaysia exported to Grenada were Palm Oil ($372k), Concentrated Milk ($211k), and Processed Fish ($152k). Over the past 5 years the exports of Malaysia to Grenada have decreased at an annualized rate of 23.5%,  from $4.31M in 2018 to $1.13M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $274k to Malaysia. The main products exported from Grenada to Malaysia were Scrap Iron ($171k), Copper Powder ($58.3k), and Animal Food ($36.5k). During the last 5 years the exports of Grenada to Malaysia have increased at an annualized rate of 102%, from $8.21k in 2018 to $274k in 2023.

In 2018, Malaysia exported $1.13M to Grenada. The main products exported from Malaysia to Grenada were Palm Oil ($372k), Concentrated Milk ($211k), and Processed Fish ($152k). During the last 5 years the exports of Malaysia to Grenada have decreased at an annualized rate of 23.5%, from $4.31M in 2023 to $1.13M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Grenada than Malaysia included Antigua and Barbuda ($7.79M), Saint Kitts and Nevis ($2.83M), and Dominica ($3.53M).

In 2023, countries that imported more from Malaysia than Grenada included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Grenada - Malaysia

Flow
Scale

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

During 2023, Grenada had a large net trade with Malaysia in the exports of Metals ($229k), Foodstuffs ($36.5k), and Plastics and Rubbers ($7.75k).

During 2018, Malaysia had a large net trade with Grenada in the exports of Animal and Vegetable Bi-Products ($483k), Foodstuffs ($301k), and Animal Products ($211k).

Economic Complexity

Competitive Landscape

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

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

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