2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC 
$11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Grenada-Chinese Taipei Trade: In 2023, Grenada exported $161k to Chinese Taipei. The main products that Grenada exported to Chinese Taipei were Scrap Iron ($137k) and Scrap Aluminium ($24.4k). Over the past 5 years the exports of Grenada to Chinese Taipei have decreased at an annualized rate of 9.05%, from $259k in 2018 to $161k in 2023.

In 2023, Grenada did not export any services to Chinese Taipei.

Chinese Taipei-Grenada Trade: In 2023, Chinese Taipei exported $718k to Grenada. The main products that Chinese Taipei exported to Grenada were Rubber Tires ($152k), Coated Flat-Rolled Iron ($112k), and Air Pumps ($83.7k). Over the past 5 years the exports of Chinese Taipei to Grenada have increased at an annualized rate of 7.91%,  from $490k in 2018 to $718k in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $161k to Chinese Taipei. The main products exported from Grenada to Chinese Taipei were Scrap Iron ($137k) and Scrap Aluminium ($24.4k). During the last 5 years the exports of Grenada to Chinese Taipei have decreased at an annualized rate of 9.05%, from $259k in 2018 to $161k in 2023.

In 2018, Chinese Taipei exported $718k to Grenada. The main products exported from Chinese Taipei to Grenada were Rubber Tires ($152k), Coated Flat-Rolled Iron ($112k), and Air Pumps ($83.7k). During the last 5 years the exports of Chinese Taipei to Grenada have increased at an annualized rate of 7.91%, from $490k in 2023 to $718k in 2018.

Exports from Grenada (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Grenada (Flag) (2023)

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Grenada than Chinese Taipei included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Saint Kitts and Nevis ($2.83M).

In 2023, countries that imported more from Chinese Taipei than Grenada included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Chinese Taipei

Flow
Scale

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

During 2023, Grenada had a large net trade with Chinese Taipei in the exports of Metals ($161k).

During 2018, Chinese Taipei had a large net trade with Grenada in the exports of Machines ($206k), Metals ($204k), and Plastics and Rubbers ($152k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Chinese Taipei (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with