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2021
Flag → Flag
Exports $48Rnk 28 / 0
2021
Flag → Flag
Exports $784kRnk 65 / 0
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 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$2,613CURRENT US$
Rnk 145 / 196
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 195

About

Grenada-Nicaragua Trade: In 2021, Grenada exported $48 to Nicaragua. The main products that Grenada exported to Nicaragua were N/A. Over the past 11 years the exports of Grenada to Nicaragua have increased at an annualized rate of 2.91%, from $35 in 2010 to $48 in 2021.

In 2021, Grenada did not export any services to Nicaragua.

Nicaragua-Grenada In N/A, Nicaragua did not export any products to Grenada.

In 2021, Nicaragua 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, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $48 to Nicaragua. There were not main exports from Grenada to Nicaragua in 2021. During the last 11 years the exports of Grenada to Nicaragua have increased at an annualized rate of 2.91%, from $35 in 2010 to $48 in 2021.

Nicaragua does not register exports to Grenada.

Exports from Grenada (Flag) to Nicaragua (Flag) (2021)

Exports from Nicaragua (Flag) to Grenada (Flag) (2021)

Market Competitiveness

Color
Grenada
Top DestinationUnited States$13.8M
Nicaragua
Top DestinationUnited States$4.38B

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

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

In 2023, countries that imported more from Nicaragua than Grenada included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

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

Comparative Advantage Grenada - Nicaragua

Flow
Scale

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

During 2021, Grenada had a large net trade with Nicaragua in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Nicaragua (Flag) (2021)

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