2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC 
$11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Grenada-Israel Trade: In 2023, Grenada exported $6k to Israel. The main products that Grenada exported to Israel were Rubber Belting ($1k), Hand Saws ($1k), and Other Hand Tools ($1k). Over the past 8 years the exports of Grenada to Israel have increased at an annualized rate of 25.1%, from $1k in 2015 to $6k in 2023.

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

Israel-Grenada Trade: In 2023, Israel exported $458 to Grenada. The main products that Israel exported to Grenada were Iron Springs ($176), Glazed Ceramics ($146), and Calendars ($136). Over the past 8 years the exports of Israel to Grenada have decreased at an annualized rate of 47.4%,  from $41.4k in 2015 to $458 in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $6k to Israel. The main products exported from Grenada to Israel were Rubber Belting ($1k), Hand Saws ($1k), and Other Hand Tools ($1k). During the last 8 years the exports of Grenada to Israel have increased at an annualized rate of 25.1%, from $1k in 2015 to $6k in 2023.

In 2018, Israel exported $458 to Grenada. The main products exported from Israel to Grenada were Iron Springs ($176), Glazed Ceramics ($146), and Calendars ($136). During the last 5 years the exports of Israel to Grenada have decreased at an annualized rate of 47.4%, from $41.4k in 2023 to $458 in 2018.

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

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

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Grenada than Israel included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

In 2023, countries that imported more from Israel than Grenada included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Grenada - Israel

Flow
Scale

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

During 2023, Grenada had a large net trade with Israel in the exports of Metals ($3k), Plastics and Rubbers ($1k), and Machines ($1k).

During 2018, Israel had a large net trade with Grenada in the exports of Metals ($176), Stone And Glass ($146), and Paper Goods ($136).

Economic Complexity

Competitive Landscape

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

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

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