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2023
Flag → Flag
Exports $3.15MRnk 5 / 96
2023
Flag → Flag
Top Product $818kBroadcasting Equipment
2023
Flag → Flag
Exports $84.7MRnk 29 / 123
2023
Flag → Flag
Top Product $8.55MPetroleum Gas
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 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$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Grenada-Trinidad and Tobago Trade: In 2023, Grenada exported $3.15M to Trinidad and Tobago. The main products that Grenada exported to Trinidad and Tobago were Broadcasting Equipment ($818k), Iron Structures ($493k), and Electrical Control Boards ($266k). Over the past 5 years the exports of Grenada to Trinidad and Tobago have decreased at an annualized rate of 3.65%, from $3.8M in 2018 to $3.15M in 2023.

In 2023, Grenada did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Grenada Trade: In 2023, Trinidad and Tobago exported $84.7M to Grenada. The main products that Trinidad and Tobago exported to Grenada were Petroleum Gas ($8.55M), Cement ($6.88M), and Baked Goods ($3.97M). Over the past 5 years the exports of Trinidad and Tobago to Grenada have decreased at an annualized rate of 2.07%,  from $107M in 2018 to $84.7M in 2023.

In 2023, Trinidad and Tobago did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $3.15M to Trinidad and Tobago. The main products exported from Grenada to Trinidad and Tobago were Broadcasting Equipment ($818k), Iron Structures ($493k), and Electrical Control Boards ($266k). During the last 5 years the exports of Grenada to Trinidad and Tobago have decreased at an annualized rate of 3.65%, from $3.8M in 2018 to $3.15M in 2023.

In 2018, Trinidad and Tobago exported $84.7M to Grenada. The main products exported from Trinidad and Tobago to Grenada were Petroleum Gas ($8.55M), Cement ($6.88M), and Baked Goods ($3.97M). During the last 5 years the exports of Trinidad and Tobago to Grenada have decreased at an annualized rate of 2.07%, from $107M in 2023 to $84.7M in 2018.

Exports from Grenada (Flag) to Trinidad and Tobago (Flag) (2023)

Exports from Trinidad and Tobago (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and Trinidad and Tobago (Flag)

Grenada Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Trinidad and Tobago
Top DestinationUnited States$3.26B

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

In 2023, countries that imported more from Grenada than Trinidad and Tobago included Saint Kitts and Nevis ($2.83M), Saint Lucia ($1.74M), and Slovakia ($386k).

In 2023, countries that imported more from Trinidad and Tobago than Grenada included United States ($3.26B), China ($783M), and Guyana ($625M).

Difference in imports from Trinidad and Tobago (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Trinidad and Tobago

Flow
Scale

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

During 2023, Grenada had a large net trade with Trinidad and Tobago in the exports of Machines ($1.66M), Metals ($713k), and Animal Products ($235k).

During 2018, Trinidad and Tobago had a large net trade with Grenada in the exports of Foodstuffs ($22.1M), Mineral Products ($19.1M), and Metals ($8.37M).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Trinidad and Tobago (Flag) (2023)

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