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2023
Flag → Flag
Exports $16.6kRnk 55 / 96
2023
Flag → Flag
Top Product $9.22kLiquid Pumps
2023
Flag → Flag
Exports $4.7MRnk 183 / 216
2023
Flag → Flag
Top Product $2.78MCement
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 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$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

Grenada-Turkey Trade: In 2023, Grenada exported $16.6k to Turkey. The main products that Grenada exported to Turkey were Liquid Pumps ($9.22k), Motor vehicles; parts and accessories (8701 to 8705) ($4.94k), and Other Rubber Products ($884). Over the past 5 years the exports of Grenada to Turkey have decreased at an annualized rate of 39.1%, from $198k in 2018 to $16.6k in 2023.

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

Turkey-Grenada Trade: In 2023, Turkey exported $4.7M to Grenada. The main products that Turkey exported to Grenada were Cement ($2.78M), Plastic Lids ($350k), and Packaged Medicaments ($193k). Over the past 5 years the exports of Turkey to Grenada have increased at an annualized rate of 21.5%,  from $1.77M in 2018 to $4.7M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $16.6k to Turkey. The main products exported from Grenada to Turkey were Liquid Pumps ($9.22k), Motor vehicles; parts and accessories (8701 to 8705) ($4.94k), and Other Rubber Products ($884). During the last 5 years the exports of Grenada to Turkey have decreased at an annualized rate of 39.1%, from $198k in 2018 to $16.6k in 2023.

In 2018, Turkey exported $4.7M to Grenada. The main products exported from Turkey to Grenada were Cement ($2.78M), Plastic Lids ($350k), and Packaged Medicaments ($193k). During the last 5 years the exports of Turkey to Grenada have increased at an annualized rate of 21.5%, from $1.77M in 2023 to $4.7M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from Grenada than Turkey included Saint Martin ($25.8k).

In 2023, countries that imported more from Turkey than Grenada included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Grenada - Turkey

Flow
Scale

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

During 2023, Grenada had a large net trade with Turkey in the exports of Machines ($9.37k), Transportation ($4.94k), and Plastics and Rubbers ($973).

During 2018, Turkey had a large net trade with Grenada in the exports of Mineral Products ($2.84M), Plastics and Rubbers ($497k), and Chemical Products ($385k).

Economic Complexity

Competitive Landscape

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

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

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