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Pricing

2022
Flag → Flag
Exports $6.44kRnk 57 / 94
2022
Flag → Flag
Top Product $2.63kThermostats
2022
Flag → Flag
Exports $48.5kRnk 54 / 112
2022
Flag → Flag
Top Product $37.2kVaccines, blood, antisera, toxins and cultures
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC $10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Grenada-Bahamas Trade: In 2022, Grenada exported $6.44k to Bahamas. The main products that Grenada exported to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). Over the past 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%, from $62.5k in 2017 to $6.44k in 2022.

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

Bahamas-Grenada Trade: In 2022, Bahamas exported $48.5k to Grenada. The main products that Bahamas exported to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). Over the past 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 78.1%,  from $2.71k in 2017 to $48.5k in 2022.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Bahamas ranked 139 in total exports ($2.83B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $6.44k to Bahamas. The main products exported from Grenada to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). During the last 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%, from $62.5k in 2017 to $6.44k in 2022.

In 2017, Bahamas exported $48.5k to Grenada. The main products exported from Bahamas to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). During the last 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 78.1%, from $2.71k in 2022 to $48.5k in 2017.

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

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

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Grenada than Bahamas included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Trinidad and Tobago ($980k).

In 2022, countries that imported more from Bahamas than Grenada included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

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

Comparative Advantage Grenada - Bahamas

Flow
Scale

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

During 2022, Grenada had a large net trade with Bahamas in the exports of Instruments ($4.45k), Transportation ($1.67k), and Chemical Products ($191).

During 2017, Bahamas had a large net trade with Grenada in the exports of Chemical Products ($37.2k), Transportation ($10k), and Textiles ($828).

Economic Complexity

Competitive Landscape

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

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

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