Grenada (GRD) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Grenada (GRD) and Somalia (SOM) Trade

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Exports $767Rnk 104 / 0

2022

GDP$1.26BCURRENT US$
Rnk 173 / 186

2012-2022

GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186

2022

GDP$8.13BCURRENT US$
Rnk 148 / 186

2012-2022

GDP GROWTH0%CURRENT US$
Rnk 165 / 186

2022

GDP PC $10,016CURRENT US$
Rnk 78 / 186

2012-2022

GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

2022

GDP PC$462CURRENT US$
Rnk 183 / 186

2012-2022

GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

Image 1

Image by David Stanley
Link: https://flic.kr/p/2ewnsxR

Image 2

Image by AMISOM Public Information
Link: https://flic.kr/p/cMaH8S

Historical Data
Economic Complexity

About

In N/A, Grenada did not export any services to Somalia.

Somalia-Grenada Trade: In N/A, Somalia exported $767 to Grenada. The main products that Somalia exported to Grenada were N/A. Over the past N/A years the exports of Somalia to Grenada have decreased at an annualized rate of 29.1%, from $4.28k in N/A to $767 in N/A.

In N/A, Somalia did not export any services to Grenada.

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Grenada does not register exports to Somalia.

In 2006, Somalia exported $767 to Grenada. There were not main exports from Somalia to Grenada in 2006. During the last 5 years the exports of Somalia to Grenada have decreased at an annualized rate of 29.1%, from $4.28k in 2011 to $767 in 2006.

Exports from Grenada () to Somalia () (2011)

Exports from Somalia () to Grenada () (2011)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Grenada than Somalia included United States ($10.5M), Antigua and Barbuda ($3.14M), and Saint Vincent and the Grenadines ($1.22M).

In 2022, countries that imported more from Somalia than Grenada included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Comparative Advantage Grenada - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2006, Somalia had a large net trade with Grenada in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Grenada () and Somalia () (2011)

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