2023
Flag  
GDP
$1.32BCURRENT US$
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2013-2023
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GDP GROWTH
56.3%CURRENT US$
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2023
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GDP PC 
$11,246CURRENT US$
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2013-2023
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GDP PC GROWTH
51.5%CURRENT US$
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About

Grenada-British Virgin Islands Trade: In 2023, Grenada exported $7.99k to British Virgin Islands. The main products that Grenada exported to British Virgin Islands were Hard Liquor ($6.05k), Candles ($887), and Other Cloth Articles ($401). Over the past 5 years the exports of Grenada to British Virgin Islands have decreased at an annualized rate of 13.2%, from $16.2k in 2018 to $7.99k in 2023.

In 2023, Grenada did not export any services to British Virgin Islands.

British Virgin Islands-Grenada Trade: In 2023, British Virgin Islands exported $43.6k to Grenada. The main products that British Virgin Islands exported to Grenada were Electrical Transformers ($10k), Fishing Ships ($6.64k), and Electric Batteries ($6.47k). Over the past 5 years the exports of British Virgin Islands to Grenada have decreased at an annualized rate of 15.3%,  from $100k in 2018 to $43.6k in 2023.

In 2023, British Virgin Islands did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M). That same year, British Virgin Islands ranked 178 in total exports ($281M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $7.99k to British Virgin Islands. The main products exported from Grenada to British Virgin Islands were Hard Liquor ($6.05k), Candles ($887), and Other Cloth Articles ($401). During the last 5 years the exports of Grenada to British Virgin Islands have decreased at an annualized rate of 13.2%, from $16.2k in 2018 to $7.99k in 2023.

In 2018, British Virgin Islands exported $43.6k to Grenada. The main products exported from British Virgin Islands to Grenada were Electrical Transformers ($10k), Fishing Ships ($6.64k), and Electric Batteries ($6.47k). During the last 5 years the exports of British Virgin Islands to Grenada have decreased at an annualized rate of 15.3%, from $100k in 2023 to $43.6k in 2018.

Exports from Grenada (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Grenada (Flag) (2023)

Latest Data

Trade between Grenada (Flag) and British Virgin Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Grenada than British Virgin Islands included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

In 2023, countries that imported more from British Virgin Islands than Grenada included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

Difference in imports from British Virgin Islands (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - British Virgin Islands

Flow
Scale

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

During 2023, Grenada had a large net trade with British Virgin Islands in the exports of Foodstuffs ($6.05k), Chemical Products ($1.33k), and Textiles ($412).

During 2018, British Virgin Islands had a large net trade with Grenada in the exports of Machines ($26.4k), Transportation ($11.2k), and Textiles ($1.94k).

Economic Complexity

Competitive Landscape

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

Product Space of Grenada (Flag) and British Virgin Islands (Flag) (2023)

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