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2022
Flag → Flag
Exports $2.34MRnk 178 / 218
2022
Flag → Flag
Top Product $709kMalt
2022
Flag → Flag
Exports $9.48kRnk 53 / 94
2022
Flag → Flag
Top Product $8.76kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Denmark-Grenada Trade: In 2022, Denmark exported $2.34M to Grenada. The main products that Denmark exported to Grenada were Malt ($709k), Other Prepared Meat ($470k), and Sausages ($424k). Over the past 5 years the exports of Denmark to Grenada have increased at an annualized rate of 16%, from $1.12M in 2017 to $2.34M in 2022.

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

Grenada-Denmark Trade: In 2022, Grenada exported $9.48k to Denmark. The main products that Grenada exported to Denmark were Chemical Analysis Instruments ($8.76k), Nutmeg, mace and cardamons ($691), and Other Edible Preparations ($29). Over the past 5 years the exports of Grenada to Denmark have increased at an annualized rate of 51.7%,  from $1.18k in 2017 to $9.48k in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $2.34M to Grenada. The main products exported from Denmark to Grenada were Malt ($709k), Other Prepared Meat ($470k), and Sausages ($424k). During the last 5 years the exports of Denmark to Grenada have increased at an annualized rate of 16%, from $1.12M in 2017 to $2.34M in 2022.

In 2017, Grenada exported $9.48k to Denmark. The main products exported from Grenada to Denmark were Chemical Analysis Instruments ($8.76k), Nutmeg, mace and cardamons ($691), and Other Edible Preparations ($29). During the last 5 years the exports of Grenada to Denmark have increased at an annualized rate of 51.7%, from $1.18k in 2022 to $9.48k in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Grenada (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Denmark than Grenada included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Grenada than Denmark included Saint Lucia ($716k), Antigua and Barbuda ($3.14M), and North Korea ($708).

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

Comparative Advantage Denmark - Grenada

Flow
Scale

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

During 2022, Denmark had a large net trade with Grenada in the exports of Foodstuffs ($925k), Vegetable Products ($709k), and Textiles ($533k).

During 2017, Grenada had a large net trade with Denmark in the exports of Instruments ($8.76k), Vegetable Products ($691), and Foodstuffs ($29).

Economic Complexity

Competitive Landscape

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

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

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