2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Grenada-Thailand Trade: In 2022, Grenada exported $207k to Thailand. The main products that Grenada exported to Thailand were Scrap Iron ($204k), Air Pumps ($2.21k), and Iron Fasteners ($196). Over the past 5 years the exports of Grenada to Thailand have increased at an annualized rate of 19.2%, from $86.1k in 2017 to $207k in 2022.

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

Thailand-Grenada Trade: In 2022, Thailand exported $4.72M to Grenada. The main products that Thailand exported to Grenada were Delivery Trucks ($2.18M), Cars ($1.27M), and Processed Fish ($845k). Over the past 5 years the exports of Thailand to Grenada have increased at an annualized rate of 6.3%,  from $3.48M in 2017 to $4.72M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $207k to Thailand. The main products exported from Grenada to Thailand were Scrap Iron ($204k), Air Pumps ($2.21k), and Iron Fasteners ($196). During the last 5 years the exports of Grenada to Thailand have increased at an annualized rate of 19.2%, from $86.1k in 2017 to $207k in 2022.

In 2017, Thailand exported $4.72M to Grenada. The main products exported from Thailand to Grenada were Delivery Trucks ($2.18M), Cars ($1.27M), and Processed Fish ($845k). During the last 5 years the exports of Thailand to Grenada have increased at an annualized rate of 6.3%, from $3.48M in 2022 to $4.72M in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Grenada than Thailand included Montserrat ($169k) and North Korea ($708).

In 2022, countries that imported more from Thailand than Grenada included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Grenada - Thailand

Flow
Scale

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

During 2022, Grenada had a large net trade with Thailand in the exports of Metals ($205k), Machines ($2.21k), and Paper Goods ($203).

During 2017, Thailand had a large net trade with Grenada in the exports of Transportation ($3.45M), Foodstuffs ($845k), and Metals ($196k).

Economic Complexity

Competitive Landscape

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

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

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