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2023
Flag → Flag
Exports $124kRnk 36 / 96
2023
Flag → Flag
Top Product $103kScented Mixtures
2023
Flag → Flag
Exports $34.5kRnk 143 / 159
2023
Flag → Flag
Top Product $23.6kWine
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 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$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Grenada-Nigeria Trade: In 2023, Grenada exported $124k to Nigeria. The main products that Grenada exported to Nigeria were Scented Mixtures ($103k), Nonaqueous Pigments ($20.2k), and Gas and Liquid Flow Measuring Instruments ($522). Over the past 10 years the exports of Grenada to Nigeria have decreased at an annualized rate of 5.44%, from $216k in 2013 to $124k in 2023.

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

Nigeria-Grenada Trade: In 2023, Nigeria exported $34.5k to Grenada. The main products that Nigeria exported to Grenada were Wine ($23.6k), Beer ($9.39k), and Fake Hair ($898). Over the past 10 years the exports of Nigeria to Grenada have increased at an annualized rate of 79.8%,  from $1.84k in 2013 to $34.5k in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $124k to Nigeria. The main products exported from Grenada to Nigeria were Scented Mixtures ($103k), Nonaqueous Pigments ($20.2k), and Gas and Liquid Flow Measuring Instruments ($522). During the last 10 years the exports of Grenada to Nigeria have decreased at an annualized rate of 5.44%, from $216k in 2013 to $124k in 2023.

In 2018, Nigeria exported $34.5k to Grenada. The main products exported from Nigeria to Grenada were Wine ($23.6k), Beer ($9.39k), and Fake Hair ($898). During the last 5 years the exports of Nigeria to Grenada have increased at an annualized rate of 79.8%, from $1.84k in 2023 to $34.5k in 2018.

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

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

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Nigeria
Top DestinationUnited States$6.29B

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 2023, countries that imported more from Grenada than Nigeria included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

In 2023, countries that imported more from Nigeria than Grenada included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Grenada - Nigeria

Flow
Scale

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

During 2023, Grenada had a large net trade with Nigeria in the exports of Chemical Products ($123k), Instruments ($522), and Metals ($173).

During 2018, Nigeria had a large net trade with Grenada in the exports of Foodstuffs ($33.3k), Footwear and Headwear ($907), and Textiles ($201).

Economic Complexity

Competitive Landscape

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.

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

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