2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Grenada-Colombia Trade: In 2022, Grenada exported $124k to Colombia. The main products that Grenada exported to Colombia were Toilet Paper ($123k) and Aldehydes ($1.08k). Over the past 5 years the exports of Grenada to Colombia have increased at an annualized rate of 7.51%, from $86.5k in 2017 to $124k in 2022.

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

Colombia-Grenada Trade: In 2022, Colombia exported $869k to Grenada. The main products that Colombia exported to Grenada were Raw Sugar ($237k), Baked Goods ($74.2k), and Fishing Ships ($66k). Over the past 5 years the exports of Colombia to Grenada have decreased at an annualized rate of 1.02%,  from $924k in 2017 to $869k in 2022.

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

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $124k to Colombia. The main products exported from Grenada to Colombia were Toilet Paper ($123k) and Aldehydes ($1.08k). During the last 5 years the exports of Grenada to Colombia have increased at an annualized rate of 7.51%, from $86.5k in 2017 to $124k in 2022.

In 2017, Colombia exported $869k to Grenada. The main products exported from Colombia to Grenada were Raw Sugar ($237k), Baked Goods ($74.2k), and Fishing Ships ($66k). During the last 5 years the exports of Colombia to Grenada have decreased at an annualized rate of 1.02%, from $924k in 2022 to $869k in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Grenada than Colombia included Eswatini ($223k), Montserrat ($169k), and Antigua and Barbuda ($3.14M).

In 2022, countries that imported more from Colombia than Grenada included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Grenada - Colombia

Flow
Scale

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

During 2022, Grenada had a large net trade with Colombia in the exports of Paper Goods ($123k) and Chemical Products ($1.08k).

During 2017, Colombia had a large net trade with Grenada in the exports of Foodstuffs ($418k), Plastics and Rubbers ($104k), and Transportation ($67.8k).

Economic Complexity

Competitive Landscape

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

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

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