2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

In N/A, Grenada did not export any services to North Korea.

North Korea-Grenada Trade: In N/A, North Korea exported $639k to Grenada. The main products that North Korea exported to Grenada were Cars ($540k), Delivery Trucks ($79k), and Motor vehicles; parts and accessories (8701 to 8705) ($9.56k). Over the past N/A years the exports of North Korea to Grenada have decreased at an annualized rate of 5.24%,  from $836k in N/A to $639k in N/A.

In N/A, North Korea did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, North Korea ranked 182 in total exports ($248M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Grenada does not register exports to North Korea. The main products exported from Grenada to North Korea were Computers ($708).

In 2017, North Korea exported $639k to Grenada. The main products exported from North Korea to Grenada were Cars ($540k), Delivery Trucks ($79k), and Motor vehicles; parts and accessories (8701 to 8705) ($9.56k). During the last 5 years the exports of North Korea to Grenada have decreased at an annualized rate of 5.24%, from $836k in 2022 to $639k in 2017.

Exports from Grenada (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Grenada (Flag) (2022)

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Grenada than North Korea included United States ($10.5M), Antigua and Barbuda ($3.14M), and Saint Vincent and the Grenadines ($1.22M).

In 2022, countries that imported more from North Korea than Grenada included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - North Korea

Flow
Scale

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

During 2017, North Korea had a large net trade with Grenada in the exports of Transportation ($628k), Machines ($6.88k), and Instruments ($1.61k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and North Korea (Flag) (2022)

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