2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 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 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 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

Bahamas-Grenada Trade: In 2022, Bahamas exported $48.5k to Grenada. The main products that Bahamas exported to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). Over the past 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 78.1%, from $2.71k in 2017 to $48.5k in 2022.

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

Grenada-Bahamas Trade: In 2022, Grenada exported $6.44k to Bahamas. The main products that Grenada exported to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). Over the past 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%,  from $62.5k in 2017 to $6.44k in 2022.

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

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B). That same year, Grenada ranked 206 in total exports ($31.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $48.5k to Grenada. The main products exported from Bahamas to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). During the last 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 78.1%, from $2.71k in 2017 to $48.5k in 2022.

In 2017, Grenada exported $6.44k to Bahamas. The main products exported from Grenada to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). During the last 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%, from $62.5k in 2022 to $6.44k in 2017.

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

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

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Bahamas than Grenada included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Grenada than Bahamas included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Trinidad and Tobago ($980k).

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

Comparative Advantage Bahamas - Grenada

Flow
Scale

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

During 2022, Bahamas had a large net trade with Grenada in the exports of Chemical Products ($37.2k), Transportation ($10k), and Textiles ($828).

During 2017, Grenada had a large net trade with Bahamas in the exports of Instruments ($4.45k), Transportation ($1.67k), and Chemical Products ($191).

Economic Complexity

Competitive Landscape

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

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

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