2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-Grenada Trade: In 2022, Canada exported $9.07M to Grenada. The main products that Canada exported to Grenada were Preserved Meat ($779k), Dried/Salted/Smoked/Brined Fish ($695k), and Poultry Meat ($635k). Over the past 5 years the exports of Canada to Grenada have decreased at an annualized rate of 1.09%, from $9.58M in 2017 to $9.07M in 2022.

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

Grenada-Canada Trade: In 2022, Grenada exported $712k to Canada. The main products that Grenada exported to Canada were Non-fillet Fresh Fish ($320k), Nutmeg, mace and cardamons ($279k), and Scrap Iron ($65.2k). Over the past 5 years the exports of Grenada to Canada have increased at an annualized rate of 2.98%,  from $615k in 2017 to $712k in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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
Value

In 2022, Canada exported $9.07M to Grenada. The main products exported from Canada to Grenada were Preserved Meat ($779k), Dried/Salted/Smoked/Brined Fish ($695k), and Poultry Meat ($635k). During the last 5 years the exports of Canada to Grenada have decreased at an annualized rate of 1.09%, from $9.58M in 2017 to $9.07M in 2022.

In 2017, Grenada exported $712k to Canada. The main products exported from Grenada to Canada were Non-fillet Fresh Fish ($320k), Nutmeg, mace and cardamons ($279k), and Scrap Iron ($65.2k). During the last 5 years the exports of Grenada to Canada have increased at an annualized rate of 2.98%, from $615k in 2022 to $712k in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Canada than Grenada included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Grenada than Canada included North Korea ($708).

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

Comparative Advantage Canada - Grenada

Flow
Scale

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

During 2022, Canada had a large net trade with Grenada in the exports of Animal Products ($2.45M), Metals ($1.13M), and Machines ($1.09M).

During 2017, Grenada had a large net trade with Canada in the exports of Animal Products ($323k), Vegetable Products ($280k), and Metals ($65.7k).

Economic Complexity

Competitive Landscape

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

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

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