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2023
Flag → Flag
Exports $6.04kRnk 71 / 96
2023
Flag → Flag
Top Product $5.59kBroadcasting Equipment
2023
Flag → Flag
Exports $65MRnk 56 / 90
2023
Flag → Flag
Top Product $2.46kTelephones
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC $11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

Grenada-Bermuda Trade: In 2023, Grenada exported $6.04k to Bermuda. The main products that Grenada exported to Bermuda were Broadcasting Equipment ($5.59k), Electrical Transformers ($382), and Other Plastic Products ($35). Over the past 5 years the exports of Grenada to Bermuda have decreased at an annualized rate of 20.6%, from $19.1k in 2018 to $6.04k in 2023.

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

Bermuda-Grenada In N/A, Bermuda did not export any products to Grenada.

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

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Bermuda ranked 179 in total exports ($254M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $6.04k to Bermuda. The main products exported from Grenada to Bermuda were Broadcasting Equipment ($5.59k), Electrical Transformers ($382), and Other Plastic Products ($35). During the last 5 years the exports of Grenada to Bermuda have decreased at an annualized rate of 20.6%, from $19.1k in 2018 to $6.04k in 2023.

Bermuda does not register exports to Grenada. The main products exported from Bermuda to Grenada were Telephones ($2.46k), Non-Knit Active Wear ($378), and Packaged Medicaments ($244).

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

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

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Grenada than Bermuda included United States ($13.8M), Antigua and Barbuda ($7.79M), and Saint Vincent and the Grenadines ($4.67M).

In 2023, countries that imported more from Bermuda than Grenada included Germany ($101M), South Africa ($96.3M), and Netherlands ($37.9M).

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

Comparative Advantage Grenada - Bermuda

Flow
Scale

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

During 2023, Grenada had a large net trade with Bermuda in the exports of Machines ($6k) and Plastics and Rubbers ($35).

Economic Complexity

Competitive Landscape

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

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

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