2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Grenada-Singapore Trade: In 2022, Grenada exported $71.6k to Singapore. The main products that Grenada exported to Singapore were Other Plastic Products ($27.3k), Cheese ($18.8k), and Other Electrical Machinery ($6.94k). Over the past 5 years the exports of Grenada to Singapore have decreased at an annualized rate of 31.2%, from $464k in 2017 to $71.6k in 2022.

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

Singapore-Grenada Trade: In 2022, Singapore exported $680k to Grenada. The main products that Singapore exported to Grenada were Aircraft Parts ($350k), Motor vehicles; parts and accessories (8701 to 8705) ($117k), and Bi-Wheel Vehicle Parts ($97.1k). Over the past 5 years the exports of Singapore to Grenada have decreased at an annualized rate of 16.4%,  from $3.42M in 2017 to $680k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $71.6k to Singapore. The main products exported from Grenada to Singapore were Other Plastic Products ($27.3k), Cheese ($18.8k), and Other Electrical Machinery ($6.94k). During the last 5 years the exports of Grenada to Singapore have decreased at an annualized rate of 31.2%, from $464k in 2017 to $71.6k in 2022.

In 2017, Singapore exported $680k to Grenada. The main products exported from Singapore to Grenada were Aircraft Parts ($350k), Motor vehicles; parts and accessories (8701 to 8705) ($117k), and Bi-Wheel Vehicle Parts ($97.1k). During the last 5 years the exports of Singapore to Grenada have decreased at an annualized rate of 16.4%, from $3.42M in 2022 to $680k in 2017.

Exports from Grenada (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Grenada than Singapore included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Curaçao ($2.72k).

In 2022, countries that imported more from Singapore than Grenada included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Singapore

Flow
Scale

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

During 2022, Grenada had a large net trade with Singapore in the exports of Plastics and Rubbers ($27.3k), Animal Products ($18.8k), and Machines ($9.09k).

During 2017, Singapore had a large net trade with Grenada in the exports of Transportation ($599k), Machines ($80.9k), and Paper Goods ($312).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Singapore (Flag) (2022)

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