Grenada (GRD) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Grenada-New Zealand Trade: In 2022, Grenada exported $3.62k to New Zealand. The main products that Grenada exported to New Zealand were Nutmeg, mace and cardamons ($3.62k). Over the past 5 years the exports of Grenada to New Zealand have decreased at an annualized rate of 19.6%, from $10.8k in 2017 to $3.62k in 2022.

In 2022, Grenada did not export any services to New Zealand.

New Zealand-Grenada Trade: In 2022, New Zealand exported $3.15M to Grenada. The main products that New Zealand exported to Grenada were Cheese ($2.4M), Butter ($337k), and Concentrated Milk ($186k). Over the past 5 years the exports of New Zealand to Grenada have increased at an annualized rate of 2.48%, from $2.78M in 2017 to $3.15M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $3.62k to New Zealand. The main products exported from Grenada to New Zealand were Nutmeg, mace and cardamons ($3.62k). During the last 5 years the exports of Grenada to New Zealand have decreased at an annualized rate of 19.6%, from $10.8k in 2017 to $3.62k in 2022.

In 2017, New Zealand exported $3.15M to Grenada. The main products exported from New Zealand to Grenada were Cheese ($2.4M), Butter ($337k), and Concentrated Milk ($186k). During the last 5 years the exports of New Zealand to Grenada have increased at an annualized rate of 2.48%, from $2.78M in 2022 to $3.15M in 2017.

Exports from Grenada () to New Zealand () (2022)

Exports from New Zealand () to Grenada () (2022)

Latest Data

Trade between Grenada () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Grenada than New Zealand included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Eswatini ($223k).

In 2022, countries that imported more from New Zealand than Grenada included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Grenada () (2022)

Comparative Advantage Grenada - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with New Zealand in the exports of Vegetable Products ($3.62k).

During 2017, New Zealand had a large net trade with Grenada in the exports of Animal Products ($3.06M), Foodstuffs ($57.7k), and Machines ($17.7k).

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 New Zealand. This means that a dot/product with the flag of Grenada indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Grenada.

About

Historical Data

Bilateral Trade by Products

Exports from Grenada () to New Zealand () (2022)

Exports from New Zealand () to Grenada () (2022)

Latest Data

Trade between Grenada () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Grenada () (2022)

Comparative Advantage Grenada - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and New Zealand () (2022)

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