Nicaragua (NIC) and Grenada (GRD) Trade | The Observatory of Economic Complexity

About

Nicaragua-Grenada Trade: In 2019, Nicaragua exported $91k to Grenada. The main products that Nicaragua exported to Grenada were N/A. Over the past 12 years the exports of Nicaragua to Grenada have increased at an annualized rate of 70.8%, from $148 in 2007 to $91k in 2019.

In 2019, Nicaragua did not export any services to Grenada.

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

In 2019, Grenada did not export any services to Nicaragua.

Comparison In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Nicaragua exported $91k to Grenada. There were not main exports from Nicaragua to Grenada in 2019. During the last 12 years the exports of Nicaragua to Grenada have increased at an annualized rate of 70.8%, from $148 in 2007 to $91k in 2019.

Grenada does not register exports to Nicaragua.

Exports from Nicaragua () to Grenada () (2021)

Exports from Grenada () to Nicaragua () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Nicaragua than Grenada included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Grenada than Nicaragua included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

Difference in imports from Grenada () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Nicaragua had a large net trade with Grenada in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Grenada () (2021)

Exports from Grenada () to Nicaragua () (2021)

Market Competitiveness

Difference in imports from Grenada () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Grenada

Economic Complexity

Competitive Landscape

Product Space of Nicaragua () and Grenada () (2021)

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