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2023
Flag → Flag
Exports $797kRnk 16 / 96
2023
Flag → Flag
Top Product $362kToilet Paper
2023
Flag → Flag
Exports $6.34kRnk 8 / 139
2023
Flag → Flag
Top Product $2.37MPackaged Medicaments
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 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$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Grenada-Barbados Trade: In 2023, Grenada exported $797k to Barbados. The main products that Grenada exported to Barbados were Toilet Paper ($362k), Crustaceans ($50.3k), and Combustion Engines ($49k). Over the past 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 3.35%, from $945k in 2018 to $797k in 2023.

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

Barbados-Grenada Trade: In 2023, Barbados exported $13.4M to Grenada. The main products that Barbados exported to Grenada were Packaged Medicaments ($2.37M), Poultry ($813k), and Navigation Equipment ($667k). Over the past 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 22.4%,  from $47.7M in 2018 to $13.4M in 2023.

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

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $797k to Barbados. The main products exported from Grenada to Barbados were Toilet Paper ($362k), Crustaceans ($50.3k), and Combustion Engines ($49k). During the last 5 years the exports of Grenada to Barbados have decreased at an annualized rate of 40.2%, from $1.6M in 2018 to $797k in 2023.

In 2018, Barbados exported $13.4M to Grenada. The main products exported from Barbados to Grenada were Packaged Medicaments ($2.37M), Poultry ($813k), and Navigation Equipment ($667k). During the last 5 years the exports of Barbados to Grenada have decreased at an annualized rate of 28.4%, from $33.7k in 2019 to $13.4M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Barbados (Flag)

Grenada Exports

Barbados Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Grenada than Barbados included Norway ($764k), Argentina ($717k), and Ireland ($515k).

In 2023, countries that imported more from Barbados than Grenada included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

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

Comparative Advantage Grenada - Barbados

Flow
Scale

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

During 2023, Grenada had a large net trade with Barbados in the exports of Paper Goods ($379k), Machines ($168k), and Foodstuffs ($59.1k).

During 2018, Barbados had a large net trade with Grenada in the exports of Chemical Products ($3.98M), Foodstuffs ($2.23M), and Machines ($1.73M).

Economic Complexity

Competitive Landscape

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

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

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