NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $22.5MRnk 154 / 223
2023
Flag → Flag
Top Product $1.04MPackaged Medicaments
2023
Flag → Flag
Exports $330kRnk 25 / 96
2023
Flag → Flag
Top Product $54.2kNutmeg, mace and cardamons
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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 $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195

About

United Kingdom-Grenada Trade: In 2023, United Kingdom exported $22.5M to Grenada. The main products that United Kingdom exported to Grenada were Packaged Medicaments ($1.04M), Low-voltage Protection Equipment ($1.03M), and Insulated Wire ($1.01M). Over the past 5 years the exports of United Kingdom to Grenada have decreased at an annualized rate of 3.38%, from $26.7M in 2018 to $22.5M in 2023.

In 2023, United Kingdom did not export any services to Grenada.

Grenada-United Kingdom Trade: In 2023, Grenada exported $330k to United Kingdom. The main products that Grenada exported to United Kingdom were Nutmeg, mace and cardamons ($54.2k), Gas Turbines ($41.3k), and Other Processed Fruits and Nuts ($35.7k). Over the past 5 years the exports of Grenada to United Kingdom have decreased at an annualized rate of 22.6%,  from $1.19M in 2018 to $330k in 2023.

In 2023, Grenada did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported £1.49M and imported £63.8k from Grenada, resulting in a positive trade balance of £1.42M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £614k (70.3%) from £874k to £1.49M, while imports increased by £40.2k (171%) from £23.6k to £63.8k.

Trade In November 2024, the top exports of United Kingdom to Grenada were Cars (£45k), Packaged Medicaments (£29.1k), Cheese (£26.1k), Other Fruits (£24.5k), and Plastic Pipes (£20.8k). In November 2024 the top imports of United Kingdom from Grenada were Hard Liquor (£30.3k), Commodities not elsewhere specified (£19k), and Navigation Equipment (£2.11k).

Origins In November 2024 the exports of United Kingdom were mainly from Portsmouth (£1.32M), Manchester Airport (£72.6k), London Heathrow Airport (£32.4k), East Midlands Airport (£27.7k), and London Stansted Airport (£13.2k), while imports destinations were mainly London (£35.9k), Portsmouth (£5.5k), and London Gatwick Airport (£1.95k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Grenada was explained primarily by an increase in product exports in Cheese (£17.5k or 204%), Iron Pipe Fittings (£12.5k or 340%), and Machinery parts, not containing electrical connectors,... (£11.8k or 595%). In November 2024, the increase in United Kingdom'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)£614k(70.3%)
IMPORT GROWTH (November 2023 - November 2024)£40.2k(171%)
MAIN EXPORTER (November 2024)Portsmouth£1.32M

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

To check Grenada and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Grenada and United Kingdom Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $22.5M to Grenada. The main products exported from United Kingdom to Grenada were Packaged Medicaments ($1.04M), Low-voltage Protection Equipment ($1.03M), and Insulated Wire ($1.01M). During the last 5 years the exports of United Kingdom to Grenada have decreased at an annualized rate of 3.38%, from $26.7M in 2018 to $22.5M in 2023.

In 2018, Grenada exported $330k to United Kingdom. The main products exported from Grenada to United Kingdom were Nutmeg, mace and cardamons ($54.2k), Gas Turbines ($41.3k), and Other Processed Fruits and Nuts ($35.7k). During the last 5 years the exports of Grenada to United Kingdom have decreased at an annualized rate of 22.6%, from $1.19M in 2023 to $330k in 2018.

Exports from United Kingdom (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Grenada
Top DestinationUnited States$13.8M

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

In 2023, countries that imported more from United Kingdom than Grenada included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Grenada than from United Kingdom.

Difference in imports from Grenada (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Grenada

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Grenada in the exports of Machines ($6.34M), Foodstuffs ($2.62M), and Chemical Products ($2.3M).

During 2018, Grenada had a large net trade with United Kingdom in the exports of Vegetable Products ($117k), Foodstuffs ($87.6k), and Machines ($47.1k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Grenada (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms