NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $405kRnk 21 / 96
2023
Flag → Flag
Top Product $390kNutmeg, mace and cardamons
2023
Flag → Flag
Exports $4.57MRnk 187 / 219
2023
Flag → Flag
Top Product $740kRefrigerators
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 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$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Grenada-Italy Trade: In 2023, Grenada exported $405k to Italy. The main products that Grenada exported to Italy were Nutmeg, mace and cardamons ($390k), Cocoa Beans ($11.2k), and Air Conditioners ($2.18k). Over the past 5 years the exports of Grenada to Italy have increased at an annualized rate of 54.5%, from $46k in 2018 to $405k in 2023.

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

Italy-Grenada Trade: In 2023, Italy exported $4.57M to Grenada. The main products that Italy exported to Grenada were Refrigerators ($740k), Other Furniture ($323k), and Light Fixtures ($224k). Over the past 5 years the exports of Italy to Grenada have increased at an annualized rate of 1.15%,  from $4.32M in 2018 to $4.57M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $405k to Italy. The main products exported from Grenada to Italy were Nutmeg, mace and cardamons ($390k), Cocoa Beans ($11.2k), and Air Conditioners ($2.18k). During the last 5 years the exports of Grenada to Italy have increased at an annualized rate of 54.5%, from $46k in 2018 to $405k in 2023.

In 2018, Italy exported $4.57M to Grenada. The main products exported from Italy to Grenada were Refrigerators ($740k), Other Furniture ($323k), and Light Fixtures ($224k). During the last 5 years the exports of Italy to Grenada have increased at an annualized rate of 1.15%, from $4.32M in 2023 to $4.57M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Italy (Flag)

Grenada Exports

Italy Exports

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Italy
Top DestinationGermany$71.4B

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 2023, countries that imported more from Grenada than Italy included Saint Martin ($25.8k).

In 2023, countries that imported more from Italy than Grenada included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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 2023, Grenada had a large net trade with Italy in the exports of Vegetable Products ($390k), Foodstuffs ($12.8k), and Machines ($2.4k).

During 2018, Italy had a large net trade with Grenada in the exports of Machines ($2.29M), Miscellaneous ($861k), and Metals ($433k).

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms