2023
Flag  
GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
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 
$5,763CURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC
$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Guatemala-Grenada Trade: In 2023, Guatemala exported $450k to Grenada. The main products that Guatemala exported to Grenada were Awnings, Tents, and Sails ($346k), Other Wood Articles ($41.1k), and Refrigerators ($34.5k). Over the past 5 years the exports of Guatemala to Grenada have decreased at an annualized rate of 16.1%, from $1.08M in 2018 to $450k in 2023.

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

Grenada-Guatemala In N/A, Grenada did not export any products to Guatemala.

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

Comparison In 2023,  Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21),  and 86 in total exports ($15.4B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guatemala exported $450k to Grenada. The main products exported from Guatemala to Grenada were Awnings, Tents, and Sails ($346k), Other Wood Articles ($41.1k), and Refrigerators ($34.5k). During the last 5 years the exports of Guatemala to Grenada have decreased at an annualized rate of 16.1%, from $1.08M in 2018 to $450k in 2023.

Grenada does not register exports to Guatemala. The main products exported from Grenada to Guatemala were Nutmeg, mace and cardamons ($15.4k) and Bi-Wheel Vehicle Parts ($22).

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

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

Latest Data

Trade between Guatemala (Flag) and Grenada (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.16B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Guatemala than Grenada included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

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

Comparative Advantage Guatemala - Grenada

Flow
Scale

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

During 2023, Guatemala had a large net trade with Grenada in the exports of Textiles ($346k), Wood Products ($41.1k), and Machines ($35.3k).

Economic Complexity

Competitive Landscape

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

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

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