2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

In N/A, Grenada did not export any services to Iceland.

Iceland-Grenada Trade: In N/A, Iceland exported $405 to Grenada. The main products that Iceland exported to Grenada were Orthopedic Appliances ($405). Over the past N/A years the exports of Iceland to Grenada have decreased at an annualized rate of 70.6%,  from $184k in N/A to $405 in N/A.

In N/A, Iceland did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Grenada does not register exports to Iceland.

In 2017, Iceland exported $405 to Grenada. The main products exported from Iceland to Grenada were Orthopedic Appliances ($405). During the last 5 years the exports of Iceland to Grenada have decreased at an annualized rate of 70.6%, from $184k in 2022 to $405 in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Grenada than Iceland included Saint Vincent and the Grenadines ($1.22M), Trinidad and Tobago ($980k), and Saint Lucia ($716k).

In 2022, countries that imported more from Iceland than Grenada included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Grenada - Iceland

Flow
Scale

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

During 2017, Iceland had a large net trade with Grenada in the exports of Instruments ($405).

Economic Complexity

Competitive Landscape

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

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

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