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2021
Flag → Flag
Exports $557Rnk 34 / 0
2021
Flag → Flag
Exports $588kRnk 4 / 92
2021
Flag → Flag
Top Product $61.6MRefined Petroleum
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC $10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Grenada-Cayman Islands Trade: In 2021, Grenada exported $557 to Cayman Islands. The main products that Grenada exported to Cayman Islands were N/A. Over the past 5 years the exports of Grenada to Cayman Islands have decreased at an annualized rate of 16.4%, from $1.37k in 2016 to $557 in 2021.

In 2021, Grenada did not export any services to Cayman Islands.

Cayman Islands-Grenada Trade: In 2021, Cayman Islands exported $588k to Grenada. The main products that Cayman Islands exported to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). Over the past 5 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 309%,  from $513 in 2016 to $588k in 2021.

In 2021, Cayman Islands did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $557 to Cayman Islands. There were not main exports from Grenada to Cayman Islands in 2021. During the last 5 years the exports of Grenada to Cayman Islands have decreased at an annualized rate of 16.4%, from $1.37k in 2016 to $557 in 2021.

In 2017, Cayman Islands exported $588k to Grenada. The main products exported from Cayman Islands to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). During the last 22 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 309%, from $513 in 1995 to $588k in 2017.

Exports from Grenada (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Cayman Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Grenada than Cayman Islands included Antigua and Barbuda ($3.14M), India ($1.25M), and Saint Vincent and the Grenadines ($1.22M).

In 2022, countries that imported more from Cayman Islands than Grenada included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Cayman Islands

Flow
Scale

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

During 2021, Grenada had a large net trade with Cayman Islands in the exports of .

During 2017, Cayman Islands had a large net trade with Grenada in the exports of Mineral Products ($62.4M), Transportation ($87.9k), and Chemical Products ($38k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Cayman Islands (Flag) (2022)

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