2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 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 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
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

Japan-Grenada Trade: In 2023, Japan exported $14.8M to Grenada. The main products that Japan exported to Grenada were Cars ($9.86M), Delivery Trucks ($2.34M), and Buses ($879k). Over the past 5 years the exports of Japan to Grenada have increased at an annualized rate of 3.19%, from $12.7M in 2018 to $14.8M in 2023.

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

Grenada-Japan Trade: In 2023, Grenada exported $243k to Japan. The main products that Grenada exported to Japan were Motorcycles and cycles ($95.7k), Cars ($80.4k), and Hard Liquor ($48.7k). Over the past 5 years the exports of Grenada to Japan have increased at an annualized rate of 45.8%,  from $36.9k in 2018 to $243k in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $14.8M to Grenada. The main products exported from Japan to Grenada were Cars ($9.86M), Delivery Trucks ($2.34M), and Buses ($879k). During the last 5 years the exports of Japan to Grenada have increased at an annualized rate of 3.19%, from $12.7M in 2018 to $14.8M in 2023.

In 2018, Grenada exported $243k to Japan. The main products exported from Grenada to Japan were Motorcycles and cycles ($95.7k), Cars ($80.4k), and Hard Liquor ($48.7k). During the last 5 years the exports of Grenada to Japan have increased at an annualized rate of 45.8%, from $36.9k in 2023 to $243k in 2018.

Exports from Japan (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Japan than Grenada included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Grenada than Japan included Saint Martin ($25.8k).

Difference in imports from Grenada (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Grenada

Flow
Scale

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

During 2023, Japan had a large net trade with Grenada in the exports of Transportation ($13.8M), Machines ($702k), and Foodstuffs ($143k).

During 2018, Grenada had a large net trade with Japan in the exports of Transportation ($177k), Foodstuffs ($60.5k), and Textiles ($3.56k).

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Grenada (Flag) (2023)

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