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Pricing

2022
Flag → Flag
Exports $24kRnk 49 / 94
2022
Flag → Flag
Top Product $15kNutmeg, mace and cardamons
2022
Flag → Flag
Exports $8.4MRnk 63 / 163
2022
Flag → Flag
Top Product $2.53MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Grenada-Dominican Republic Trade: In 2022, Grenada exported $24k to Dominican Republic. The main products that Grenada exported to Dominican Republic were Nutmeg, mace and cardamons ($15k), Shaped Paper ($4.01k), and Porcelain Tableware ($1.93k). Over the past 5 years the exports of Grenada to Dominican Republic have decreased at an annualized rate of 14.7%, from $53.3k in 2017 to $24k in 2022.

In 2022, Grenada did not export any services to Dominican Republic.

Dominican Republic-Grenada Trade: In 2022, Dominican Republic exported $8.4M to Grenada. The main products that Dominican Republic exported to Grenada were Raw Iron Bars ($2.53M), Flavored Water ($929k), and Fruit Juice ($920k). Over the past 5 years the exports of Dominican Republic to Grenada have increased at an annualized rate of 8.53%,  from $5.14M in 2017 to $8.4M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $24k to Dominican Republic. The main products exported from Grenada to Dominican Republic were Nutmeg, mace and cardamons ($15k), Shaped Paper ($4.01k), and Porcelain Tableware ($1.93k). During the last 5 years the exports of Grenada to Dominican Republic have decreased at an annualized rate of 14.7%, from $53.3k in 2017 to $24k in 2022.

In 2017, Dominican Republic exported $8.4M to Grenada. The main products exported from Dominican Republic to Grenada were Raw Iron Bars ($2.53M), Flavored Water ($929k), and Fruit Juice ($920k). During the last 5 years the exports of Dominican Republic to Grenada have increased at an annualized rate of 8.53%, from $5.14M in 2022 to $8.4M in 2017.

Exports from Grenada (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Dominican Republic (Flag)

Grenada Exports

Dominican Republic Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Grenada than Dominican Republic included Eswatini ($223k), Montenegro ($1.86k), and North Korea ($708).

In 2022, countries that imported more from Dominican Republic than Grenada included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Dominican Republic

Flow
Scale

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

During 2022, Grenada had a large net trade with Dominican Republic in the exports of Vegetable Products ($15k), Paper Goods ($4.11k), and Stone And Glass ($1.98k).

During 2017, Dominican Republic had a large net trade with Grenada in the exports of Metals ($3.04M), Foodstuffs ($2.12M), and Plastics and Rubbers ($1.56M).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Dominican Republic (Flag) (2022)

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