2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Grenada-Norway Trade: In 2023, Grenada exported $764k to Norway. The main products that Grenada exported to Norway were Large Construction Vehicles ($708k), Nutmeg, mace and cardamons ($55.8k), and Artificial Vegetation ($330). Over the past 5 years the exports of Grenada to Norway have increased at an annualized rate of 60%, from $72.7k in 2018 to $764k in 2023.

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

Norway-Grenada Trade: In 2023, Norway exported $810k to Grenada. The main products that Norway exported to Grenada were Dried/Salted/Smoked/Brined Fish ($794k), Air Pumps ($7.95k), and Gas and Liquid Flow Measuring Instruments ($2.31k). Over the past 5 years the exports of Norway to Grenada have increased at an annualized rate of 17.4%,  from $363k in 2018 to $810k in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $764k to Norway. The main products exported from Grenada to Norway were Large Construction Vehicles ($708k), Nutmeg, mace and cardamons ($55.8k), and Artificial Vegetation ($330). During the last 5 years the exports of Grenada to Norway have increased at an annualized rate of 60%, from $72.7k in 2018 to $764k in 2023.

In 2018, Norway exported $810k to Grenada. The main products exported from Norway to Grenada were Dried/Salted/Smoked/Brined Fish ($794k), Air Pumps ($7.95k), and Gas and Liquid Flow Measuring Instruments ($2.31k). During the last 5 years the exports of Norway to Grenada have increased at an annualized rate of 17.4%, from $363k in 2023 to $810k in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Norway
Top Destination
Germany$33.8B

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 2023, countries that imported more from Grenada than Norway included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Saint Kitts and Nevis ($2.83M).

In 2023, countries that imported more from Norway than Grenada included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Grenada - Norway

Flow
Scale

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

During 2023, Grenada had a large net trade with Norway in the exports of Machines ($708k), Vegetable Products ($55.8k), and Footwear and Headwear ($330).

During 2018, Norway had a large net trade with Grenada in the exports of Animal Products ($794k), Machines ($11.7k), and Instruments ($3.5k).

Economic Complexity

Competitive Landscape

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.

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

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