2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Guyana-Grenada Trade: In 2022, Guyana exported $8.89M to Grenada. The main products that Guyana exported to Grenada were Sand ($3.49M), Rice ($3.05M), and Hard Liquor ($612k). Over the past 5 years the exports of Guyana to Grenada have increased at an annualized rate of 11%, from $5.28M in 2017 to $8.89M in 2022.

In 2022, Guyana did not export any services to Grenada.

Grenada-Guyana Trade: In 2022, Grenada exported $565k to Guyana. The main products that Grenada exported to Guyana were Toilet Paper ($490k), Tensile Testing Machines ($58.5k), and Gas and Liquid Flow Measuring Instruments ($3.85k). Over the past 5 years the exports of Grenada to Guyana have decreased at an annualized rate of 15.8%,  from $1.89M in 2017 to $565k in 2022.

In 2022, Grenada did not export any services to Guyana.

Comparison In 2022,  Guyana ranked 80 in total exports ($18.5B). That same year, Grenada ranked 206 in total exports ($31.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $8.89M to Grenada. The main products exported from Guyana to Grenada were Sand ($3.49M), Rice ($3.05M), and Hard Liquor ($612k). During the last 5 years the exports of Guyana to Grenada have increased at an annualized rate of 11%, from $5.28M in 2017 to $8.89M in 2022.

In 2017, Grenada exported $565k to Guyana. The main products exported from Grenada to Guyana were Toilet Paper ($490k), Tensile Testing Machines ($58.5k), and Gas and Liquid Flow Measuring Instruments ($3.85k). During the last 5 years the exports of Grenada to Guyana have decreased at an annualized rate of 15.8%, from $1.89M in 2022 to $565k in 2017.

Exports from Guyana (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to Guyana (Flag) (2022)

Latest Data

Trade between Guyana (Flag) and Grenada (Flag)

Guyana Exports

Grenada Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Guyana than Grenada included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Grenada than Guyana included Argentina ($562k), Malaysia ($634k), and Eswatini ($223k).

Difference in imports from Grenada (Flag) and Guyana (Flag) (2022)

Comparative Advantage Guyana - Grenada

Flow
Scale

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

During 2022, Guyana had a large net trade with Grenada in the exports of Mineral Products ($3.49M), Vegetable Products ($3.06M), and Foodstuffs ($948k).

During 2017, Grenada had a large net trade with Guyana in the exports of Paper Goods ($490k), Instruments ($62.5k), and Machines ($5.47k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Grenada (Flag) (2022)

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