2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 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
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Grenada-Nicaragua Trade: In 2021, Grenada exported $48 to Nicaragua. The main products that Grenada exported to Nicaragua were N/A. Over the past 11 years the exports of Grenada to Nicaragua have increased at an annualized rate of 2.91%, from $35 in 2010 to $48 in 2021.

In 2021, Grenada did not export any services to Nicaragua.

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

In 2021, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $48 to Nicaragua. There were not main exports from Grenada to Nicaragua in 2021. During the last 11 years the exports of Grenada to Nicaragua have increased at an annualized rate of 2.91%, from $35 in 2010 to $48 in 2021.

Nicaragua does not register exports to Grenada.

Exports from Grenada (Flag) to Nicaragua (Flag) (2021)

Exports from Nicaragua (Flag) to Grenada (Flag) (2021)

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Nicaragua
Top Destination
United States$4.09B

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

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

In 2022, countries that imported more from Nicaragua than Grenada included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Grenada - Nicaragua

Flow
Scale

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

During 2021, Grenada had a large net trade with Nicaragua in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Nicaragua (Flag) (2021)

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