2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 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
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Grenada-Turks and Caicos Islands Trade: In 2023, Grenada exported $6.83k to Turks and Caicos Islands. The main products that Grenada exported to Turks and Caicos Islands were Medical Instruments ($6.68k) and Transmissions ($148). Over the past 6 years the exports of Grenada to Turks and Caicos Islands have decreased at an annualized rate of 17.9%, from $22.2k in 2017 to $6.83k in 2023.

In 2023, Grenada did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Grenada Trade: In 2023, Turks and Caicos Islands exported $32.2k to Grenada. The main products that Turks and Caicos Islands exported to Grenada were Cars ($14.1k), Cement Articles ($12.2k), and Motorcycles and cycles ($4.52k). Over the past 6 years the exports of Turks and Caicos Islands to Grenada have increased at an annualized rate of 18.3%,  from $13.9k in 2017 to $32.2k in 2023.

In 2023, Turks and Caicos Islands did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $6.83k to Turks and Caicos Islands. The main products exported from Grenada to Turks and Caicos Islands were Medical Instruments ($6.68k) and Transmissions ($148). During the last 6 years the exports of Grenada to Turks and Caicos Islands have decreased at an annualized rate of 17.9%, from $22.2k in 2017 to $6.83k in 2023.

In 2018, Turks and Caicos Islands exported $32.2k to Grenada. The main products exported from Turks and Caicos Islands to Grenada were Cars ($14.1k), Cement Articles ($12.2k), and Motorcycles and cycles ($4.52k). During the last 5 years the exports of Turks and Caicos Islands to Grenada have increased at an annualized rate of 18.3%, from $13.9k in 2023 to $32.2k in 2018.

Exports from Grenada (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and Turks and Caicos Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Grenada than Turks and Caicos Islands included United States ($13.8M), Antigua and Barbuda ($7.79M), and Saint Vincent and the Grenadines ($4.67M).

In 2023, countries that imported more from Turks and Caicos Islands than Grenada included Gabon ($5.91M), Zimbabwe ($3.79M), and Czechia ($1.67M).

Difference in imports from Turks and Caicos Islands (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Turks and Caicos Islands

Flow
Scale

This chart compares trade between Grenada and Turks and Caicos Islands by product, considering products traded by both, Grenada and Turks and Caicos Islands.

During 2023, Grenada had a large net trade with Turks and Caicos Islands in the exports of Instruments ($6.68k) and Machines ($148).

During 2018, Turks and Caicos Islands had a large net trade with Grenada in the exports of Transportation ($18.6k), Stone And Glass ($12.2k), and Machines ($1.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Turks and Caicos Islands (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with