Grenada (GRD) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Grenada-Nigeria Trade: In 2022, Grenada exported $2.63k to Nigeria. The main products that Grenada exported to Nigeria were Conveyor Belt Textiles ($2.63k). Over the past 10 years the exports of Grenada to Nigeria have decreased at an annualized rate of 25.6%, from $51k in 2012 to $2.63k in 2022.

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

Nigeria-Grenada Trade: In 2022, Nigeria exported $867 to Grenada. The main products that Nigeria exported to Grenada were Other Edible Preparations ($731) and Imitation Jewellery ($136). Over the past 10 years the exports of Nigeria to Grenada have decreased at an annualized rate of 9.46%, from $1.43k in 2012 to $867 in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $2.63k to Nigeria. The main products exported from Grenada to Nigeria were Conveyor Belt Textiles ($2.63k). During the last 10 years the exports of Grenada to Nigeria have decreased at an annualized rate of 25.6%, from $51k in 2012 to $2.63k in 2022.

In 2017, Nigeria exported $867 to Grenada. The main products exported from Nigeria to Grenada were Other Edible Preparations ($731) and Imitation Jewellery ($136). During the last 5 years the exports of Nigeria to Grenada have decreased at an annualized rate of 9.46%, from $1.43k in 2022 to $867 in 2017.

Exports from Grenada () to Nigeria () (2022)

Exports from Nigeria () to Grenada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Grenada than Nigeria included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

In 2022, countries that imported more from Nigeria than Grenada included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Grenada - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Nigeria in the exports of Textiles ($2.63k).

During 2017, Nigeria had a large net trade with Grenada in the exports of Foodstuffs ($731) and Precious Metals ($136).

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 Nigeria. This means that a dot/product with the flag of Grenada indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Grenada.

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Historical Data

Bilateral Trade by Products

Exports from Grenada () to Nigeria () (2022)

Exports from Nigeria () to Grenada () (2022)

Market Competitiveness

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

Comparative Advantage Grenada - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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