2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Norway-Grenada Trade: In 2023, Norway exported $810k to Grenada. The main products that Norway exported to Grenada were Dried/Salted/Smoked/Brined Fish ($794k), Air Pumps ($7.95k), and Gas and Liquid Flow Measuring Instruments ($2.31k). Over the past 5 years the exports of Norway to Grenada have increased at an annualized rate of 17.4%, from $363k in 2018 to $810k in 2023.

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

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

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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, Norway exported $810k to Grenada. The main products exported from Norway to Grenada were Dried/Salted/Smoked/Brined Fish ($794k), Air Pumps ($7.95k), and Gas and Liquid Flow Measuring Instruments ($2.31k). During the last 5 years the exports of Norway to Grenada have increased at an annualized rate of 17.4%, from $363k in 2018 to $810k in 2023.

Grenada does not register exports to Norway. The main products exported from Grenada to Norway were Large Construction Vehicles ($708k), Nutmeg, mace and cardamons ($55.8k), and Artificial Vegetation ($330).

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Norway than Grenada included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Grenada than Norway included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Saint Kitts and Nevis ($2.83M).

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

Comparative Advantage Norway - Grenada

Flow
Scale

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

During 2023, Norway had a large net trade with Grenada in the exports of Animal Products ($794k), Machines ($11.7k), and Instruments ($3.5k).

Economic Complexity

Competitive Landscape

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

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

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