2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 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 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 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

Malaysia-Grenada Trade: In 2022, Malaysia exported $927k to Grenada. The main products that Malaysia exported to Grenada were Concentrated Milk ($289k), Palm Oil ($204k), and Legume Flours ($106k). Over the past 5 years the exports of Malaysia to Grenada have decreased at an annualized rate of 33.5%, from $7.11M in 2017 to $927k in 2022.

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

Grenada-Malaysia Trade: In 2022, Grenada exported $634k to Malaysia. The main products that Grenada exported to Malaysia were Copper Powder ($322k), Scrap Iron ($221k), and Hard Liquor ($67k). Over the past 5 years the exports of Grenada to Malaysia have increased at an annualized rate of 125%,  from $10.9k in 2017 to $634k in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $927k to Grenada. The main products exported from Malaysia to Grenada were Concentrated Milk ($289k), Palm Oil ($204k), and Legume Flours ($106k). During the last 5 years the exports of Malaysia to Grenada have decreased at an annualized rate of 33.5%, from $7.11M in 2017 to $927k in 2022.

In 2017, Grenada exported $634k to Malaysia. The main products exported from Grenada to Malaysia were Copper Powder ($322k), Scrap Iron ($221k), and Hard Liquor ($67k). During the last 5 years the exports of Grenada to Malaysia have increased at an annualized rate of 125%, from $10.9k in 2022 to $634k in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Malaysia than Grenada included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Grenada than Malaysia included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Saint Lucia ($716k).

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

Comparative Advantage Malaysia - Grenada

Flow
Scale

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

During 2022, Malaysia had a large net trade with Grenada in the exports of Animal Products ($289k), Animal and Vegetable Bi-Products ($204k), and Foodstuffs ($111k).

During 2017, Grenada had a large net trade with Malaysia in the exports of Metals ($542k), Foodstuffs ($67k), and Transportation ($24.4k).

Economic Complexity

Competitive Landscape

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

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

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