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2022
Flag → Flag
Exports $481kRnk 169 / 209
2022
Flag → Flag
Top Product $466kDried/Salted/Smoked/Brined Fish
2022
Flag → Flag
Exports $56kRnk 40 / 94
2022
Flag → Flag
Top Product $54.3kNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

Norway-Grenada Trade: In 2022, Norway exported $481k to Grenada. The main products that Norway exported to Grenada were Dried/Salted/Smoked/Brined Fish ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). Over the past 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%, from $351k in 2017 to $481k in 2022.

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

Grenada-Norway Trade: In 2022, Grenada exported $56k to Norway. The main products that Grenada exported to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). Over the past 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%,  from $151k in 2017 to $56k in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Norway exported NOK10k and imported NOK62k from Grenada, resulting in a negative trade balance of NOK52k. Between November 2023 and November 2024 the exports of Norway have decreased by NOK-1.1M (-99.1%) from NOK1.11M to NOK10k, while imports decreased by NOK-15k (-19.5%) from NOK77k to NOK62k.

Trade In November 2024, the top exports of Norway to Grenada were Fish (not marine mammals), crustaceans, molluscs... (NOK1.06M), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Cereals and cereal preparations (NOK0). In November 2024 the top imports of Norway from Grenada were Coffee, tea, cocoa, spices, and manufactures... (NOK40k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In November 2024, the decrease in Norway's year-by-year exports to Grenada was explained primarily by an decrease in product exports in . In November 2024, the decrease in Norway's year-by-year imports  from Grenada was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)NOK-1.1M(-99.1%)
IMPORT GROWTH (November 2023 - November 2024)NOK-15k(-19.5%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Grenada and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Grenada and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $481k to Grenada. The main products exported from Norway to Grenada were Dried/Salted/Smoked/Brined Fish ($466k), Engine Parts ($10.1k), and Air Pumps ($3.63k). During the last 5 years the exports of Norway to Grenada have increased at an annualized rate of 6.51%, from $351k in 2017 to $481k in 2022.

In 2017, Grenada exported $56k to Norway. The main products exported from Grenada to Norway were Nutmeg, mace and cardamons ($54.3k), Spices ($1.15k), and Embroidery ($312). During the last 5 years the exports of Grenada to Norway have decreased at an annualized rate of 18%, from $151k in 2022 to $56k in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Grenada
Top DestinationUnited States$10.5M

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 2022, countries that imported more from Norway than Grenada included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Grenada than Norway included Antigua and Barbuda ($3.14M), Saint Lucia ($716k), and Montserrat ($169k).

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

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 2022, Norway had a large net trade with Grenada in the exports of Animal Products ($466k) and Machines ($15.2k).

During 2017, Grenada had a large net trade with Norway in the exports of Vegetable Products ($55.4k) and Textiles ($543).

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) (2022)

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