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2022
Flag → Flag
Exports $62.6MRnk 4 / 92
2022
Flag → Flag
Top Product $61.6MRefined Petroleum
2022
Flag → Flag
Exports $54.3kRnk 1 / 0
2022
Flag
 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Cayman Islands-Grenada Trade: In 2022, Cayman Islands exported $62.6M to Grenada. The main products that Cayman Islands exported to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). Over the past 5 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 154%, from $588k in 2017 to $62.6M in 2022.

In 2022, Cayman Islands did not export any services to Grenada.

Grenada-Cayman Islands Trade: In 2022, Grenada exported $54.3k to Cayman Islands. The main products that Grenada exported to Cayman Islands were N/A. Over the past 5 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 150%,  from $557 in 2017 to $54.3k in 2022.

In 2022, Grenada did not export any services to Cayman Islands.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M). 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, Cayman Islands exported $62.6M to Grenada. The main products exported from Cayman Islands to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). During the last 5 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 154%, from $588k in 2017 to $62.6M in 2022.

In 2016, Grenada exported $54.3k to Cayman Islands. There were not main exports from Grenada to Cayman Islands in 2016. During the last 5 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 150%, from $557 in 2021 to $54.3k in 2016.

Exports from Cayman Islands (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and Grenada (Flag)

Grenada Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Cayman Islands than Grenada included Malta ($218M), Norway ($163M), and Seychelles ($121M).

In 2022, countries that imported more from Grenada than Cayman Islands included Antigua and Barbuda ($3.14M), India ($1.25M), and Saint Vincent and the Grenadines ($1.22M).

Difference in imports from Grenada (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Grenada

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Grenada in the exports of Mineral Products ($62.4M), Transportation ($87.9k), and Chemical Products ($38k).

During 2016, Grenada had a large net trade with Cayman Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Grenada (Flag) (2022)

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