2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 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
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

Grenada-Turks and Caicos Islands Trade: In 2022, Grenada exported $740 to Turks and Caicos Islands. The main products that Grenada exported to Turks and Caicos Islands were Stranded Iron Wire ($22.1k), X-Ray Equipment ($4.11k), and Special Pharmaceuticals ($2.51k). Over the past 6 years the exports of Grenada to Turks and Caicos Islands have decreased at an annualized rate of 8.17%, from $1.23k in 2016 to $740 in 2022.

In 2022, Grenada did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Grenada Trade: In 2022, Turks and Caicos Islands exported $18.5k to Grenada. The main products that Turks and Caicos Islands exported to Grenada were Coffee ($8.69k), Other Furniture ($637), and Other Glass Articles ($315). Over the past 6 years the exports of Turks and Caicos Islands to Grenada have increased at an annualized rate of 9.67%,  from $10.6k in 2016 to $18.5k in 2022.

In 2022, Turks and Caicos Islands did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $740 to Turks and Caicos Islands. The main products exported from Grenada to Turks and Caicos Islands were Stranded Iron Wire ($22.1k), X-Ray Equipment ($4.11k), and Special Pharmaceuticals ($2.51k). During the last 6 years the exports of Grenada to Turks and Caicos Islands have decreased at an annualized rate of 8.17%, from $1.23k in 2016 to $740 in 2022.

In 2017, Turks and Caicos Islands exported $18.5k to Grenada. The main products exported from Turks and Caicos Islands to Grenada were Coffee ($8.69k), Other Furniture ($637), and Other Glass Articles ($315). During the last 14 years the exports of Turks and Caicos Islands to Grenada have increased at an annualized rate of 9.67%, from $10.6k in 2003 to $18.5k in 2017.

Exports from Grenada (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Turks and Caicos Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Grenada than Turks and Caicos Islands 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 Turks and Caicos Islands than Grenada included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Turks and Caicos Islands

Flow
Scale

This chart compares trade between Grenada and Turks and Caicos Islands by product, considering products traded by both, Grenada and Turks and Caicos Islands.

During 2022, Grenada had a large net trade with Turks and Caicos Islands in the exports of Metals ($22.1k), Instruments ($4.11k), and Chemical Products ($2.51k).

During 2017, Turks and Caicos Islands had a large net trade with Grenada in the exports of Vegetable Products ($8.69k), Stone And Glass ($658), and Miscellaneous ($637).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Turks and Caicos Islands (Flag) (2022)

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