2022
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
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 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 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

Hungary-Grenada Trade: In 2022, Hungary exported $262k to Grenada. The main products that Hungary exported to Grenada were Cars ($224k), Other Office Machines ($25.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($4.75k). Over the past 5 years the exports of Hungary to Grenada have decreased at an annualized rate of 15.3%, from $603k in 2017 to $262k in 2022.

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

Grenada-Hungary In N/A, Grenada did not export any products to Hungary.

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

Comparison In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38),  and 35 in total exports ($145B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $262k to Grenada. The main products exported from Hungary to Grenada were Cars ($224k), Other Office Machines ($25.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($4.75k). During the last 5 years the exports of Hungary to Grenada have decreased at an annualized rate of 15.3%, from $603k in 2017 to $262k in 2022.

Grenada does not register exports to Hungary. The main products exported from Grenada to Hungary were Broadcasting Equipment ($87).

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

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

Latest Data

Trade between Hungary (Flag) and Grenada (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Hungary than Grenada included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

In 2022, countries that imported more from Grenada than Hungary included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Eswatini ($223k).

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

Comparative Advantage Hungary - Grenada

Flow
Scale

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

During 2022, Hungary had a large net trade with Grenada in the exports of Transportation ($229k), Machines ($27.3k), and Chemical Products ($2.09k).

Economic Complexity

Competitive Landscape

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

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

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