2022
Exports
$21.9kWorld Rnk 153 / 188
Flag Rnk 42 / 76
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$154kWorld Rnk 167 / 212
Flag Rnk 74 / 96

About

Exports In 2022, Grenada exported $21.9k in Natural gums, resins & other vegetable extracts, making it the 153rd largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 42nd most exported product in Grenada. The main destination of Natural gums, resins & other vegetable extracts exports from Grenada are: Saint Kitts and Nevis ($13.3k), United States ($8.35k), Germany ($180), and Canada ($4).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Grenada between 2021 and 2022 were Saint Kitts and Nevis ($13.3k), United States ($2.75k), and Germany ($180).

Imports In 2022, Grenada imported $154k in Natural gums, resins & other vegetable extracts, becoming the 167th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 74th most imported product in Grenada. Grenada imports Natural gums, resins & other vegetable extracts primarily from: United States ($79.7k), Germany ($65.3k), Trinidad and Tobago ($7.27k), and United Kingdom ($1.5k).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Grenada between 2021 and 2022 were Germany ($5.81k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Natural gums, resins & other vegetable extracts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.9k
IMPORTS (2022)$154k
NET TRADE (2022)-$132k

In 2022, Grenada exported $21.9k in Natural gums, resins & other vegetable extracts. The main destinations of Grenada exports on Natural gums, resins & other vegetable extracts were Saint Kitts and Nevis ($13.3k), United States ($8.35k), Germany ($180), and Canada ($4).

In 2022, Grenada imported $154k in Natural gums, resins & other vegetable extracts, mainly from United States ($79.7k), Germany ($65.3k), Trinidad and Tobago ($7.27k), and United Kingdom ($1.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Grenada WERE (2021 - 2022):
United States$2.75k (49%)
Germany$180 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Grenada WERE (2021 - 2022):
Canada-$358 (-98.9%)
United Kingdom-$178 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Grenada's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Grenada's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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Natural gums, resins & other vegetable extracts’s highest export potential is N/A. With an export gap of N/A.   Natural gums, resins & other vegetable extracts’s highest import potential is N/A with an import gap of N/A.

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