2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 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 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 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

South Africa-Grenada Trade: In 2023, South Africa exported $14.3M to Grenada. The main products that South Africa exported to Grenada were Recreational Boats ($13.7M), Delivery Trucks ($180k), and Awnings, Tents, and Sails ($158k). Over the past 5 years the exports of South Africa to Grenada have increased at an annualized rate of 60.2%, from $1.36M in 2018 to $14.3M in 2023.

In 2023, South Africa did not export any services to Grenada.

Grenada-South Africa Trade: In 2023, Grenada exported $158 to South Africa. The main products that Grenada exported to South Africa were Knitted Hats ($70), Liquid Pumps ($52), and Hard Liquor ($36). Over the past 5 years the exports of Grenada to South Africa have decreased at an annualized rate of 35.6%,  from $2.22k in 2018 to $158 in 2023.

In 2023, Grenada did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). 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, South Africa exported $14.3M to Grenada. The main products exported from South Africa to Grenada were Recreational Boats ($13.7M), Delivery Trucks ($180k), and Awnings, Tents, and Sails ($158k). During the last 5 years the exports of South Africa to Grenada have increased at an annualized rate of 60.2%, from $1.36M in 2018 to $14.3M in 2023.

In 2018, Grenada exported $158 to South Africa. The main products exported from Grenada to South Africa were Knitted Hats ($70), Liquid Pumps ($52), and Hard Liquor ($36). During the last 5 years the exports of Grenada to South Africa have decreased at an annualized rate of 35.6%, from $2.22k in 2023 to $158 in 2018.

Exports from South Africa (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from South Africa than Grenada included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, countries that imported more from Grenada than South Africa included Saint Vincent and the Grenadines ($4.67M), Dominica ($3.53M), and Saint Kitts and Nevis ($2.83M).

Difference in imports from Grenada (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Grenada

Flow
Scale

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

During 2023, South Africa had a large net trade with Grenada in the exports of Transportation ($13.9M), Machines ($213k), and Textiles ($163k).

During 2018, Grenada had a large net trade with South Africa in the exports of Footwear and Headwear ($70), Machines ($52), and Foodstuffs ($36).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Grenada (Flag) (2023)

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