Nigeria (NGA) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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Nigeria-Grenada Trade: In 2022, Nigeria exported $867 to Grenada. The main products that Nigeria exported to Grenada were Other Edible Preparations ($731) and Imitation Jewellery ($136). Over the past 8 years the exports of Nigeria to Grenada have decreased at an annualized rate of 6.94%, from $1.54k in 2014 to $867 in 2022.

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

Grenada-Nigeria Trade: In 2022, Grenada exported $2.63k to Nigeria. The main products that Grenada exported to Nigeria were Conveyor Belt Textiles ($2.63k). Over the past 8 years the exports of Grenada to Nigeria have decreased at an annualized rate of 20.5%, from $41.4k in 2014 to $2.63k in 2022.

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

Comparison In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $867 to Grenada. The main products exported from Nigeria to Grenada were Other Edible Preparations ($731) and Imitation Jewellery ($136). During the last 8 years the exports of Nigeria to Grenada have decreased at an annualized rate of 6.94%, from $1.54k in 2014 to $867 in 2022.

In 2017, Grenada exported $2.63k to Nigeria. The main products exported from Grenada to Nigeria were Conveyor Belt Textiles ($2.63k). During the last 5 years the exports of Grenada to Nigeria have decreased at an annualized rate of 20.5%, from $41.4k in 2022 to $2.63k in 2017.

Exports from Nigeria () to Grenada () (2022)

Exports from Grenada () to Nigeria () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Nigeria than Grenada included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Grenada than Nigeria included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

Difference in imports from Grenada () and Nigeria () (2022)

Comparative Advantage Nigeria - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with Grenada in the exports of Foodstuffs ($731) and Precious Metals ($136).

During 2017, Grenada had a large net trade with Nigeria in the exports of Textiles ($2.63k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Grenada () (2022)

Exports from Grenada () to Nigeria () (2022)

Market Competitiveness

Difference in imports from Grenada () and Nigeria () (2022)

Comparative Advantage Nigeria - Grenada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Grenada () (2022)

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