2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Grenada-Turkey Trade: In 2022, Grenada exported $203 to Turkey. The main products that Grenada exported to Turkey were Imitation Jewellery ($156), Industrial Fatty Acids, Oils and Alcohols ($37), and Cocoa Beans ($10). Over the past 5 years the exports of Grenada to Turkey have decreased at an annualized rate of 39.8%, from $2.57k in 2017 to $203 in 2022.

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

Turkey-Grenada Trade: In 2022, Turkey exported $3.77M to Grenada. The main products that Turkey exported to Grenada were Cement ($1.38M), Unglazed Ceramics ($402k), and Raw Iron Bars ($316k). Over the past 5 years the exports of Turkey to Grenada have increased at an annualized rate of 10.7%,  from $2.26M in 2017 to $3.77M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $203 to Turkey. The main products exported from Grenada to Turkey were Imitation Jewellery ($156), Industrial Fatty Acids, Oils and Alcohols ($37), and Cocoa Beans ($10). During the last 5 years the exports of Grenada to Turkey have decreased at an annualized rate of 39.8%, from $2.57k in 2017 to $203 in 2022.

In 2017, Turkey exported $3.77M to Grenada. The main products exported from Turkey to Grenada were Cement ($1.38M), Unglazed Ceramics ($402k), and Raw Iron Bars ($316k). During the last 5 years the exports of Turkey to Grenada have increased at an annualized rate of 10.7%, from $2.26M in 2022 to $3.77M in 2017.

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

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

Latest Data

Trade between Grenada (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Turkey
Top Destination
Germany$21.9B

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

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

In 2022, countries that imported more from Turkey than Grenada included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Grenada - Turkey

Flow
Scale

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

During 2022, Grenada had a large net trade with Turkey in the exports of Precious Metals ($156), Chemical Products ($37), and Foodstuffs ($10).

During 2017, Turkey had a large net trade with Grenada in the exports of Mineral Products ($1.42M), Stone And Glass ($536k), and Metals ($448k).

Economic Complexity

Competitive Landscape

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

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

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