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Pricing

2022
Flag → Flag
Exports $56kRnk 40 / 94
2022
Flag → Flag
Top Product $54.3kNutmeg, mace and cardamons
2022
Flag → Flag
Exports $481kRnk 169 / 209
2022
Flag → Flag
Top Product $466kDried/Salted/Smoked/Brined Fish
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Grenada-Norway Trade: In 2022, Grenada exported $56k to Norway. The main products that Grenada exported to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). Over the past 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%, from $151k in 2017 to $56k in 2022.

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

Norway-Grenada Trade: In 2022, Norway exported $481k to Grenada. The main products that Norway exported to Grenada were Dried/Salted/Smoked/Brined Fish ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). Over the past 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%,  from $351k in 2017 to $481k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $56k to Norway. The main products exported from Grenada to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). During the last 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%, from $151k in 2017 to $56k in 2022.

In 2017, Norway exported $481k to Grenada. The main products exported from Norway to Grenada were Dried/Salted/Smoked/Brined Fish ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). During the last 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%, from $351k in 2022 to $481k in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Grenada than Norway included Antigua and Barbuda ($3.14M), Saint Lucia ($716k), and Montserrat ($169k).

In 2022, countries that imported more from Norway than Grenada included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Grenada - Norway

Flow
Scale

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

During 2022, Grenada had a large net trade with Norway in the exports of Vegetable Products ($55.4k) and Textiles ($543).

During 2017, Norway had a large net trade with Grenada in the exports of Animal Products ($466k) and Machines ($15.2k).

Economic Complexity

Competitive Landscape

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

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

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