Iceland (ISL) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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Iceland-Grenada Trade: In 2023, Iceland exported $91 to Grenada. The main products that Iceland exported to Grenada were Broadcasting Equipment ($46) and Chocolate ($45). Over the past 5 years the exports of Iceland to Grenada have decreased at an annualized rate of 2.26%, from $102 in 2018 to $91 in 2023.

In 2023, Iceland did not export any services to Grenada.

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

In 2023, Grenada did not export any services to Iceland.

Comparison In 2023, Iceland ranked 115 in total exports ($7.31B). That same year, Grenada ranked 201 in total exports ($58.3M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iceland exported $91 to Grenada. The main products exported from Iceland to Grenada were Broadcasting Equipment ($46) and Chocolate ($45). During the last 5 years the exports of Iceland to Grenada have decreased at an annualized rate of 2.26%, from $102 in 2018 to $91 in 2023.

Grenada does not register exports to Iceland. The main products exported from Grenada to Iceland were Nutmeg, mace and cardamons ($198).

Exports from Iceland () to Grenada () (2023)

Exports from Grenada () to Iceland () (2023)

Latest Data

Trade between Iceland () and Grenada ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Grenada
Top DestinationUnited States$13.8M

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

In 2023, countries that imported more from Iceland than Grenada included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Grenada than Iceland included Saint Vincent and the Grenadines ($4.67M), Dominica ($3.53M), and Trinidad and Tobago ($3.15M).

Difference in imports from Grenada () and Iceland () (2023)

Comparative Advantage Iceland - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iceland had a large net trade with Grenada in the exports of Machines ($46) and Foodstuffs ($45).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iceland () to Grenada () (2023)

Exports from Grenada () to Iceland () (2023)

Latest Data

Trade between Iceland () and Grenada ()

Iceland Exports

Market Competitiveness

Difference in imports from Grenada () and Iceland () (2023)

Comparative Advantage Iceland - Grenada

Economic Complexity

Competitive Landscape

Product Space of Iceland () and Grenada () (2023)

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