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2023
Flag → Flag
Exports $8.41MRnk 62 / 166
2023
Flag → Flag
Top Product $1.74MRaw Iron Bars
2023
Flag → Flag
Exports $11kRnk 60 / 96
2023
Flag → Flag
Top Product $7.91kShaped Paper
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195

About

Dominican Republic-Grenada Trade: In 2023, Dominican Republic exported $8.41M to Grenada. The main products that Dominican Republic exported to Grenada were Raw Iron Bars ($1.74M), Other Stainless Steel Bars ($1.19M), and Flavored Water ($1.03M). Over the past 5 years the exports of Dominican Republic to Grenada have increased at an annualized rate of 14.8%, from $4.22M in 2018 to $8.41M in 2023.

In 2023, Dominican Republic did not export any services to Grenada.

Grenada-Dominican Republic Trade: In 2023, Grenada exported $11k to Dominican Republic. The main products that Grenada exported to Dominican Republic were Shaped Paper ($7.91k), Wrenches ($895), and Cellulose Fibers Paper ($864). Over the past 5 years the exports of Grenada to Dominican Republic have decreased at an annualized rate of 38%,  from $120k in 2018 to $11k in 2023.

In 2023, Grenada did not export any services to Dominican Republic.

Comparison In 2023,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04),  and 91 in total exports ($13.6B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $8.41M to Grenada. The main products exported from Dominican Republic to Grenada were Raw Iron Bars ($1.74M), Other Stainless Steel Bars ($1.19M), and Flavored Water ($1.03M). During the last 5 years the exports of Dominican Republic to Grenada have increased at an annualized rate of 14.8%, from $4.22M in 2018 to $8.41M in 2023.

In 2018, Grenada exported $11k to Dominican Republic. The main products exported from Grenada to Dominican Republic were Shaped Paper ($7.91k), Wrenches ($895), and Cellulose Fibers Paper ($864). During the last 5 years the exports of Grenada to Dominican Republic have decreased at an annualized rate of 38%, from $120k in 2023 to $11k in 2018.

Exports from Dominican Republic (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Grenada (Flag)

Dominican Republic Exports

Grenada Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Grenada
Top DestinationUnited States$13.8M

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

In 2023, countries that imported more from Dominican Republic than Grenada included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

In 2023, countries that imported more from Grenada than Dominican Republic included Eswatini ($261k), Saint Martin ($25.8k), and Guinea ($8.43k).

Difference in imports from Grenada (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Grenada

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Grenada in the exports of Metals ($3.27M), Plastics and Rubbers ($1.42M), and Foodstuffs ($1.29M).

During 2018, Grenada had a large net trade with Dominican Republic in the exports of Paper Goods ($8.77k), Metals ($1.95k), and Animal Hides ($134).

Economic Complexity

Competitive Landscape

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

Product Space of Dominican Republic (Flag) and Grenada (Flag) (2023)

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