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2023
Flag → Flag
Exports $64.4kRnk 38 / 96
2023
Flag → Flag
Top Product $60.6kScrap Iron
2023
Flag → Flag
Exports $6.63MRnk 173 / 216
2023
Flag → Flag
Top Product $2.49MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Grenada-Thailand Trade: In 2023, Grenada exported $64.4k to Thailand. The main products that Grenada exported to Thailand were Scrap Iron ($60.6k), Other Iron Products ($1.68k), and Iron Fasteners ($799). Over the past 5 years the exports of Grenada to Thailand have decreased at an annualized rate of 32.1%, from $445k in 2018 to $64.4k in 2023.

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

Thailand-Grenada Trade: In 2023, Thailand exported $6.63M to Grenada. The main products that Thailand exported to Grenada were Delivery Trucks ($2.49M), Cars ($1.69M), and Processed Fish ($792k). Over the past 5 years the exports of Thailand to Grenada have increased at an annualized rate of 7.96%,  from $4.52M in 2018 to $6.63M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $64.4k to Thailand. The main products exported from Grenada to Thailand were Scrap Iron ($60.6k), Other Iron Products ($1.68k), and Iron Fasteners ($799). During the last 5 years the exports of Grenada to Thailand have decreased at an annualized rate of 32.1%, from $445k in 2018 to $64.4k in 2023.

In 2018, Thailand exported $6.63M to Grenada. The main products exported from Thailand to Grenada were Delivery Trucks ($2.49M), Cars ($1.69M), and Processed Fish ($792k). During the last 5 years the exports of Thailand to Grenada have increased at an annualized rate of 7.96%, from $4.52M in 2023 to $6.63M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than Grenada included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Grenada - Thailand

Flow
Scale

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

During 2023, Grenada had a large net trade with Thailand in the exports of Metals ($63.2k), Paper Goods ($855), and Textiles ($312).

During 2018, Thailand had a large net trade with Grenada in the exports of Transportation ($4.22M), Miscellaneous ($850k), and Foodstuffs ($794k).

Economic Complexity

Competitive Landscape

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

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

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