Grenada (GRD) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Grenada-Germany Trade: In 2022, Grenada exported $998k to Germany. The main products that Grenada exported to Germany were Nutmeg, mace and cardamons ($720k), Frozen Bovine Meat ($131k), and Cocoa Beans ($88.2k). Over the past 5 years the exports of Grenada to Germany have decreased at an annualized rate of 24.3%, from $4.01M in 2017 to $998k in 2022.

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

Germany-Grenada Trade: In 2022, Germany exported $4.65M to Grenada. The main products that Germany exported to Grenada were Rolled Tobacco ($685k), Gas and Liquid Flow Measuring Instruments ($541k), and Electrical Transformers ($222k). Over the past 5 years the exports of Germany to Grenada have decreased at an annualized rate of 5.34%, from $6.11M in 2017 to $4.65M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $998k to Germany. The main products exported from Grenada to Germany were Nutmeg, mace and cardamons ($720k), Frozen Bovine Meat ($131k), and Cocoa Beans ($88.2k). During the last 5 years the exports of Grenada to Germany have decreased at an annualized rate of 24.3%, from $4.01M in 2017 to $998k in 2022.

In 2017, Germany exported $4.65M to Grenada. The main products exported from Germany to Grenada were Rolled Tobacco ($685k), Gas and Liquid Flow Measuring Instruments ($541k), and Electrical Transformers ($222k). During the last 5 years the exports of Germany to Grenada have decreased at an annualized rate of 5.34%, from $6.11M in 2022 to $4.65M in 2017.

Exports from Grenada () to Germany () (2022)

Exports from Germany () to Grenada () (2022)

Latest Data

Trade between Grenada () and Germany ()

Grenada Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Grenada than Germany included North Korea ($708).

In 2022, countries that imported more from Germany than Grenada included United States ($153B), France ($120B), and China ($109B).

Difference in imports from Germany () and Grenada () (2022)

Comparative Advantage Grenada - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Germany in the exports of Vegetable Products ($721k), Animal Products ($131k), and Foodstuffs ($117k).

During 2017, Germany had a large net trade with Grenada in the exports of Machines ($1.45M), Instruments ($771k), and Foodstuffs ($685k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Grenada () to Germany () (2022)

Exports from Germany () to Grenada () (2022)

Latest Data

Trade between Grenada () and Germany ()

Grenada Exports

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Grenada () (2022)

Comparative Advantage Grenada - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and Germany () (2022)

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