2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 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
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Grenada-Jamaica Trade: In 2023, Grenada exported $1.2M to Jamaica. The main products that Grenada exported to Jamaica were Other Construction Vehicles ($498k), Nutmeg, mace and cardamons ($277k), and Delivery Trucks ($124k). Over the past 5 years the exports of Grenada to Jamaica have increased at an annualized rate of 25.3%, from $387k in 2018 to $1.2M in 2023.

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

Jamaica-Grenada Trade: In 2023, Jamaica exported $10.3M to Grenada. The main products that Jamaica exported to Grenada were Other Edible Preparations ($1.64M), Hard Liquor ($829k), and Refined Petroleum ($780k). Over the past 5 years the exports of Jamaica to Grenada have increased at an annualized rate of 7.47%,  from $7.21M in 2018 to $10.3M in 2023.

In 2023, Jamaica 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, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $1.2M to Jamaica. The main products exported from Grenada to Jamaica were Other Construction Vehicles ($498k), Nutmeg, mace and cardamons ($277k), and Delivery Trucks ($124k). During the last 5 years the exports of Grenada to Jamaica have increased at an annualized rate of 25.3%, from $387k in 2018 to $1.2M in 2023.

In 2018, Jamaica exported $10.3M to Grenada. The main products exported from Jamaica to Grenada were Other Edible Preparations ($1.64M), Hard Liquor ($829k), and Refined Petroleum ($780k). During the last 5 years the exports of Jamaica to Grenada have increased at an annualized rate of 7.47%, from $7.21M in 2023 to $10.3M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Jamaica (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Grenada than Jamaica included Poland ($1.8M), Argentina ($717k), and Norway ($764k).

In 2023, countries that imported more from Jamaica than Grenada included United States ($709M), Russia ($138M), and Latvia ($131M).

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

Comparative Advantage Grenada - Jamaica

Flow
Scale

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

During 2023, Grenada had a large net trade with Jamaica in the exports of Machines ($601k), Vegetable Products ($277k), and Transportation ($124k).

During 2018, Jamaica had a large net trade with Grenada in the exports of Foodstuffs ($4.19M), Metals ($1.96M), and Mineral Products ($817k).

Economic Complexity

Competitive Landscape

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

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

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