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Pricing

2022
Flag → Flag
Exports $776kRnk 11 / 94
2022
Flag → Flag
Top Product $743kNutmeg, mace and cardamons
2022
Flag → Flag
Exports $3.01MRnk 192 / 221
2022
Flag → Flag
Top Product $377kRefrigerators
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Grenada-Italy Trade: In 2022, Grenada exported $776k to Italy. The main products that Grenada exported to Italy were Nutmeg, mace and cardamons ($743k), Textile Processing Machines ($17.6k), and Cocoa Beans ($14.2k). Over the past 5 years the exports of Grenada to Italy have increased at an annualized rate of 45.1%, from $120k in 2017 to $776k in 2022.

In 2022, Grenada did not export any services to Italy.

Italy-Grenada Trade: In 2022, Italy exported $3.01M to Grenada. The main products that Italy exported to Grenada were Refrigerators ($377k), Insulated Wire ($311k), and Wine ($262k). Over the past 5 years the exports of Italy to Grenada have decreased at an annualized rate of 3.87%,  from $3.67M in 2017 to $3.01M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $776k to Italy. The main products exported from Grenada to Italy were Nutmeg, mace and cardamons ($743k), Textile Processing Machines ($17.6k), and Cocoa Beans ($14.2k). During the last 5 years the exports of Grenada to Italy have increased at an annualized rate of 45.1%, from $120k in 2017 to $776k in 2022.

In 2017, Italy exported $3.01M to Grenada. The main products exported from Italy to Grenada were Refrigerators ($377k), Insulated Wire ($311k), and Wine ($262k). During the last 5 years the exports of Italy to Grenada have decreased at an annualized rate of 3.87%, from $3.67M in 2022 to $3.01M in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Italy (Flag)

Grenada Exports

Italy Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$10.5M
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Grenada than Italy included Montserrat ($169k).

In 2022, countries that imported more from Italy than Grenada included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Grenada - Italy

Flow
Scale

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

During 2022, Grenada had a large net trade with Italy in the exports of Vegetable Products ($743k), Machines ($18.5k), and Foodstuffs ($14.2k).

During 2017, Italy had a large net trade with Grenada in the exports of Machines ($1.55M), Foodstuffs ($458k), and Metals ($211k).

Economic Complexity

Competitive Landscape

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

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

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