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2021
Flag → Flag
Exports $2.77kRnk 12 / 0
2021
Flag → Flag
Exports $57.8kRnk 188 / 207
2021
Flag → Flag
Top Product $28.3kElectric Motors
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 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$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Grenada-Finland Trade: In 2021, Grenada exported $2.77k to Finland. The main products that Grenada exported to Finland were N/A. Over the past 5 years the exports of Grenada to Finland have decreased at an annualized rate of 14.9%, from $6.21k in 2016 to $2.77k in 2021.

In 2021, Grenada did not export any services to Finland.

Finland-Grenada Trade: In 2021, Finland exported $57.8k to Grenada. The main products that Finland exported to Grenada were Electric Motors ($28.3k), Pulley Systems ($7.8k), and Oscilloscopes ($6.17k). Over the past 5 years the exports of Finland to Grenada have increased at an annualized rate of 24.2%,  from $19.6k in 2016 to $57.8k in 2021.

In 2021, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $2.77k to Finland. There were not main exports from Grenada to Finland in 2021. During the last 5 years the exports of Grenada to Finland have decreased at an annualized rate of 14.9%, from $6.21k in 2016 to $2.77k in 2021.

In 2017, Finland exported $57.8k to Grenada. The main products exported from Finland to Grenada were Electric Motors ($28.3k), Pulley Systems ($7.8k), and Oscilloscopes ($6.17k). During the last 5 years the exports of Finland to Grenada have increased at an annualized rate of 24.2%, from $19.6k in 2022 to $57.8k in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Grenada than Finland included Saint Vincent and the Grenadines ($1.22M), Saint Lucia ($716k), and Montserrat ($169k).

In 2022, countries that imported more from Finland than Grenada included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Grenada - Finland

Flow
Scale

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

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

During 2017, Finland had a large net trade with Grenada in the exports of Machines ($50.9k), Instruments ($6.65k), and Paper Goods ($306).

Economic Complexity

Competitive Landscape

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

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

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