Grenada (GRD) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Grenada-Norway Trade: In 2022, Grenada exported $56k to Norway. The main products that Grenada exported to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). Over the past 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%, from $151k in 2017 to $56k in 2022.

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

Norway-Grenada Trade: In 2022, Norway exported $481k to Grenada. The main products that Norway exported to Grenada were Fish: dried, salted, smoked or in brine ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). Over the past 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%, from $351k in 2017 to $481k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $56k to Norway. The main products exported from Grenada to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). During the last 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%, from $151k in 2017 to $56k in 2022.

In 2017, Norway exported $481k to Grenada. The main products exported from Norway to Grenada were Fish: dried, salted, smoked or in brine ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). During the last 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%, from $351k in 2022 to $481k in 2017.

Exports from Grenada () to Norway () (2022)

Exports from Norway () to Grenada () (2022)

Latest Data

Trade between Grenada () and Norway ()

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Grenada than Norway included Antigua and Barbuda ($3.14M), Saint Lucia ($716k), and Montserrat ($169k).

In 2022, countries that imported more from Norway than Grenada included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Grenada () (2022)

Comparative Advantage Grenada - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Norway in the exports of Vegetable Products ($55.4k) and Textiles ($543).

During 2017, Norway had a large net trade with Grenada in the exports of Animal Products ($466k) and Machines ($15.2k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Grenada () to Norway () (2022)

Exports from Norway () to Grenada () (2022)

Latest Data

Trade between Grenada () and Norway ()

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Grenada () (2022)

Comparative Advantage Grenada - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and Norway () (2022)

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