2022
Flag  
GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Grenada-Chinese Taipei Trade: In 2022, Grenada exported $52.3k to Chinese Taipei. The main products that Grenada exported to Chinese Taipei were Scrap Aluminium ($37.9k), Hard Liquor ($10.5k), and Beauty Products ($3.96k). Over the past 5 years the exports of Grenada to Chinese Taipei have decreased at an annualized rate of 19.7%, from $157k in 2017 to $52.3k in 2022.

In 2022, Grenada did not export any services to Chinese Taipei.

Chinese Taipei-Grenada Trade: In 2022, Chinese Taipei exported $540k to Grenada. The main products that Chinese Taipei exported to Grenada were Rubber Tires ($195k), Air Pumps ($77.5k), and Iron Structures ($74.1k). Over the past 5 years the exports of Chinese Taipei to Grenada have increased at an annualized rate of 7.14%,  from $382k in 2017 to $540k in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $52.3k to Chinese Taipei. The main products exported from Grenada to Chinese Taipei were Scrap Aluminium ($37.9k), Hard Liquor ($10.5k), and Beauty Products ($3.96k). During the last 5 years the exports of Grenada to Chinese Taipei have decreased at an annualized rate of 19.7%, from $157k in 2017 to $52.3k in 2022.

In 2017, Chinese Taipei exported $540k to Grenada. The main products exported from Chinese Taipei to Grenada were Rubber Tires ($195k), Air Pumps ($77.5k), and Iron Structures ($74.1k). During the last 5 years the exports of Chinese Taipei to Grenada have increased at an annualized rate of 7.14%, from $382k in 2022 to $540k in 2017.

Exports from Grenada (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Grenada (Flag) (2022)

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Grenada than Chinese Taipei included Antigua and Barbuda ($3.14M), Saint Lucia ($716k), and Saint Vincent and the Grenadines ($1.22M).

In 2022, countries that imported more from Chinese Taipei than Grenada included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Chinese Taipei

Flow
Scale

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

During 2022, Grenada had a large net trade with Chinese Taipei in the exports of Metals ($37.9k), Foodstuffs ($10.5k), and Chemical Products ($3.96k).

During 2017, Chinese Taipei had a large net trade with Grenada in the exports of Plastics and Rubbers ($195k), Machines ($155k), and Metals ($100k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and Chinese Taipei (Flag) (2022)

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