2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Grenada-Trinidad and Tobago Trade: In 2022, Grenada exported $2.23M to Trinidad and Tobago. The main products that Grenada exported to Trinidad and Tobago were Other Fermented Beverages ($292k), Nutmeg, mace and cardamons ($188k), and Crustaceans ($65.5k). Over the past 5 years the exports of Grenada to Trinidad and Tobago have increased at an annualized rate of 36%, from $481k in 2017 to $2.23M in 2022.

In 2022, Grenada did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Grenada Trade: In 2022, Trinidad and Tobago exported $83.3M to Grenada. The main products that Trinidad and Tobago exported to Grenada were Refined Petroleum ($4.08M), Baked Goods ($3.84M), and Flavored Water ($3.67M). Over the past 5 years the exports of Trinidad and Tobago to Grenada have increased at an annualized rate of 21.1%,  from $32.1M in 2017 to $83.3M in 2022.

In 2022, Trinidad and Tobago did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $2.23M to Trinidad and Tobago. The main products exported from Grenada to Trinidad and Tobago were Other Fermented Beverages ($292k), Nutmeg, mace and cardamons ($188k), and Crustaceans ($65.5k). During the last 5 years the exports of Grenada to Trinidad and Tobago have increased at an annualized rate of 36%, from $481k in 2017 to $2.23M in 2022.

In 2017, Trinidad and Tobago exported $83.3M to Grenada. The main products exported from Trinidad and Tobago to Grenada were Refined Petroleum ($4.08M), Baked Goods ($3.84M), and Flavored Water ($3.67M). During the last 22 years the exports of Trinidad and Tobago to Grenada have increased at an annualized rate of 21.1%, from $32.1M in 1995 to $83.3M in 2017.

Exports from Grenada (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Trinidad and Tobago (Flag)

Grenada Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Grenada than Trinidad and Tobago included Eswatini ($223k), Israel ($151k), and Burkina Faso ($7.39k).

In 2022, countries that imported more from Trinidad and Tobago than Grenada included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Trinidad and Tobago

Flow
Scale

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

During 2022, Grenada had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($341k), Vegetable Products ($198k), and Metals ($106k).

During 2017, Trinidad and Tobago had a large net trade with Grenada in the exports of Foodstuffs ($21.2M), Mineral Products ($10M), and Metals ($7.76M).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Trinidad and Tobago (Flag) (2022)

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