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2022
Flag → Flag
Exports $57.8kRnk 188 / 207
2022
Flag → Flag
Top Product $28.3kElectric Motors
2022
Flag → Flag
Exports $2.77kRnk 157 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 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 $50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Finland-Grenada Trade: In 2022, Finland exported $57.8k to Grenada. The main products that Finland exported to Grenada were Electric Motors ($28.3k), Pulley Systems ($7.8k), and Oscilloscopes ($6.17k). Over the past 5 years the exports of Finland to Grenada have increased at an annualized rate of 24.2%, from $19.6k in 2017 to $57.8k in 2022.

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

Grenada-Finland Trade: In 2022, Grenada exported $2.77k to Finland. The main products that Grenada exported to Finland were N/A. Over the past 5 years the exports of Grenada to Finland have decreased at an annualized rate of 14.9%,  from $6.21k in 2017 to $2.77k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $57.8k to Grenada. The main products exported from Finland to Grenada were Electric Motors ($28.3k), Pulley Systems ($7.8k), and Oscilloscopes ($6.17k). During the last 5 years the exports of Finland to Grenada have increased at an annualized rate of 24.2%, from $19.6k in 2017 to $57.8k in 2022.

In 2016, Grenada exported $2.77k to Finland. There were not main exports from Grenada to Finland in 2016. During the last 5 years the exports of Grenada to Finland have decreased at an annualized rate of 14.9%, from $6.21k in 2021 to $2.77k in 2016.

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

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

Latest Data

Trade between Finland (Flag) and Grenada (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Finland than Grenada included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Grenada than Finland included Saint Vincent and the Grenadines ($1.22M), Saint Lucia ($716k), and Montserrat ($169k).

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

Comparative Advantage Finland - Grenada

Flow
Scale

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

During 2022, Finland had a large net trade with Grenada in the exports of Machines ($50.9k), Instruments ($6.65k), and Paper Goods ($306).

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

Economic Complexity

Competitive Landscape

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

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

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