New Zealand (NZL) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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New Zealand-Grenada Trade: In 2022, New Zealand exported $3.15M to Grenada. The main products that New Zealand exported to Grenada were Cheese ($2.4M), Butter ($337k), and Concentrated Milk ($186k). Over the past 5 years the exports of New Zealand to Grenada have increased at an annualized rate of 2.48%, from $2.78M in 2017 to $3.15M in 2022.

In 2022, New Zealand did not export any services to Grenada.

Grenada-New Zealand Trade: In 2022, Grenada exported $3.62k to New Zealand. The main products that Grenada exported to New Zealand were Nutmeg, mace and cardamons ($3.62k). Over the past 5 years the exports of Grenada to New Zealand have decreased at an annualized rate of 16.6%, from $10.8k in 2017 to $3.62k in 2022.

In 2022, Grenada did not export any services to New Zealand.

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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 2022, New Zealand exported $3.15M to Grenada. The main products exported from New Zealand to Grenada were Cheese ($2.4M), Butter ($337k), and Concentrated Milk ($186k). During the last 5 years the exports of New Zealand to Grenada have increased at an annualized rate of 2.48%, from $2.78M in 2017 to $3.15M in 2022.

In 2017, Grenada exported $3.62k to New Zealand. The main products exported from Grenada to New Zealand were Nutmeg, mace and cardamons ($3.62k). During the last 5 years the exports of Grenada to New Zealand have decreased at an annualized rate of 16.6%, from $10.8k in 2022 to $3.62k in 2017.

Exports from New Zealand () to Grenada () (2022)

Exports from Grenada () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Grenada ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from New Zealand than Grenada included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Grenada than New Zealand included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Eswatini ($223k).

Difference in imports from Grenada () and New Zealand () (2022)

Comparative Advantage New Zealand - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Grenada in the exports of Animal Products ($3.06M), Foodstuffs ($57.7k), and Machines ($17.7k).

During 2017, Grenada had a large net trade with New Zealand in the exports of Vegetable Products ($3.62k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Grenada () (2022)

Exports from Grenada () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Grenada ()

New Zealand Exports

Market Competitiveness

Difference in imports from Grenada () and New Zealand () (2022)

Comparative Advantage New Zealand - Grenada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Grenada () (2022)

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