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Exports In 2022, Grenada exported $8.48k in Refined Petroleum, making it the 199th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 144th most exported product in Grenada. The main destination of Refined Petroleum exports from Grenada are: Trinidad and Tobago ($5.76k), Barbados ($1.58k), Australia ($1.1k), United States ($30), and Belgium ($2).

The fastest growing export markets for Refined Petroleum of Grenada between 2021 and 2022 were Australia ($1.1k), Trinidad and Tobago ($392), and Belgium ($2).

Imports In 2022, Grenada imported $104M in Refined Petroleum, becoming the 177th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Grenada. Grenada imports Refined Petroleum primarily from: Cayman Islands ($61.6M), United States ($34.6M), Trinidad and Tobago ($4.08M), France ($2.42M), and Jamaica ($810k).

The fastest growing import markets in Refined Petroleum for Grenada between 2021 and 2022 were Cayman Islands ($23.8M), United States ($13.4M), and France ($2.41M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Refined Petroleum. 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)$8.48k
IMPORTS (2022)$104M
NET TRADE (2022)-$104M

In 2022, Grenada exported $8.48k in Refined Petroleum. The main destinations of Grenada exports on Refined Petroleum were Trinidad and Tobago ($5.76k), Barbados ($1.58k), Australia ($1.1k), United States ($30), and Belgium ($2).

In 2022, Grenada imported $104M in Refined Petroleum, mainly from Cayman Islands ($61.6M), United States ($34.6M), Trinidad and Tobago ($4.08M), France ($2.42M), and Jamaica ($810k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Grenada WERE (2021 - 2022):
Australia$1.1k (1%)
Belgium$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Grenada WERE (2021 - 2022):
United States-$12.8k (-99.8%)
Jamaica-$8.55k (-100%)
Barbados-$5.2k (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Grenada's main exporting competitors in Refined Petroleum were:
In 2022, Grenada's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
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Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

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