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2023
Flag → Flag
Exports $26.5kRnk 49 / 96
2023
Flag → Flag
Top Product $23kOther Fruits
2023
Flag → Flag
Exports $5.32MRnk 178 / 220
2023
Flag → Flag
Top Product $530kBatteries
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Grenada-Spain Trade: In 2023, Grenada exported $26.5k to Spain. The main products that Grenada exported to Spain were Other Fruits ($23k), Paintings ($3.06k), and Lubricating Products ($129). Over the past 5 years the exports of Grenada to Spain have decreased at an annualized rate of 59.9%, from $2.56M in 2018 to $26.5k in 2023.

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

Spain-Grenada Trade: In 2023, Spain exported $5.32M to Grenada. The main products that Spain exported to Grenada were Batteries ($530k), Electrical Control Boards ($452k), and Insulated Wire ($405k). Over the past 5 years the exports of Spain to Grenada have increased at an annualized rate of 8.11%,  from $3.6M in 2018 to $5.32M in 2023.

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

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $26.5k to Spain. The main products exported from Grenada to Spain were Other Fruits ($23k), Paintings ($3.06k), and Lubricating Products ($129). During the last 5 years the exports of Grenada to Spain have decreased at an annualized rate of 59.9%, from $2.56M in 2018 to $26.5k in 2023.

In 2018, Spain exported $5.32M to Grenada. The main products exported from Spain to Grenada were Batteries ($530k), Electrical Control Boards ($452k), and Insulated Wire ($405k). During the last 5 years the exports of Spain to Grenada have increased at an annualized rate of 8.11%, from $3.6M in 2023 to $5.32M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Grenada than Spain included Saint Kitts and Nevis ($2.83M), Dominica ($3.53M), and Montserrat ($37.3k).

In 2023, countries that imported more from Spain than Grenada included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Grenada - Spain

Flow
Scale

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

During 2023, Grenada had a large net trade with Spain in the exports of Vegetable Products ($23k), Arts and Antiques ($3.06k), and Chemical Products ($129).

During 2018, Spain had a large net trade with Grenada in the exports of Machines ($2.87M), Metals ($652k), and Stone And Glass ($604k).

Economic Complexity

Competitive Landscape

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

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

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