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2023
Flag → Flag
Exports $5.32MRnk 178 / 220
2023
Flag → Flag
Top Product $530kBatteries
2023
Flag → Flag
Exports $26.5kRnk 49 / 96
2023
Flag → Flag
Top Product $23kOther Fruits
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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 $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195

About

Spain-Grenada Trade: In 2023, Spain exported $5.32M to Grenada. The main products that Spain exported to Grenada were Batteries ($530k), Electrical Control Boards ($452k), and Insulated Wire ($405k). Over the past 5 years the exports of Spain to Grenada have increased at an annualized rate of 8.11%, from $3.6M in 2018 to $5.32M in 2023.

In 2023, Spain did not export any services to Grenada.

Grenada-Spain Trade: In 2023, Grenada exported $26.5k to Spain. The main products that Grenada exported to Spain were Other Fruits ($23k), Paintings ($3.06k), and Lubricating Products ($129). Over the past 5 years the exports of Grenada to Spain have decreased at an annualized rate of 59.9%,  from $2.56M in 2018 to $26.5k in 2023.

In 2023, Grenada did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €93.7k and imported €122 from Grenada, resulting in a positive trade balance of €93.6k. Between November 2023 and November 2024 the exports of Spain have decreased by €-130k (-58.1%) from €224k to €93.7k, while imports increased by €14.1 (13.1%) from €107 to €122.

Trade In November 2024, the top exports of Spain to Grenada were Air Conditioners (€185k), Unglazed Ceramics (€51.4k), Garments of Impregnated Fabric (€11.4k), Textile Processing Machines (€11.2k), and Copper Bars (€8.69k). In November 2024 the top imports of Spain from Grenada were .

Origins In November 2024 the exports of Spain were mainly from Castellón (€56k), Madrid (€17.9k), Málaga (€11.6k), Barcelona (€7.68k), and Baleares (€289), while imports destinations were mainly N/A.

Growth In November 2024, the decrease in Spain's year-by-year exports to Grenada was explained primarily by an decrease in product exports in Other Rubber Products (€-695 or -81.8%). In October 2024, the increase in Spain's year-by-year imports  from Grenada was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-130k(-58.1%)
IMPORT GROWTH (October 2023 - October 2024)€14.1(13.1%)
MAIN EXPORTER (November 2024)Castellón€56k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Grenada and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $5.32M to Grenada. The main products exported from Spain to Grenada were Batteries ($530k), Electrical Control Boards ($452k), and Insulated Wire ($405k). During the last 5 years the exports of Spain to Grenada have increased at an annualized rate of 8.11%, from $3.6M in 2018 to $5.32M in 2023.

In 2018, Grenada exported $26.5k to Spain. The main products exported from Grenada to Spain were Other Fruits ($23k), Paintings ($3.06k), and Lubricating Products ($129). During the last 5 years the exports of Grenada to Spain have decreased at an annualized rate of 59.9%, from $2.56M in 2023 to $26.5k in 2018.

Exports from Spain (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Grenada
Top DestinationUnited States$13.8M

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

In 2023, countries that imported more from Spain than Grenada included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Grenada than Spain included Saint Kitts and Nevis ($2.83M), Dominica ($3.53M), and Montserrat ($37.3k).

Difference in imports from Grenada (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Grenada

Flow
Scale

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

During 2023, Spain had a large net trade with Grenada in the exports of Machines ($2.87M), Metals ($652k), and Stone And Glass ($604k).

During 2018, Grenada had a large net trade with Spain in the exports of Vegetable Products ($23k), Arts and Antiques ($3.06k), and Chemical Products ($129).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Grenada (Flag) (2023)

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