2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Philippines-Grenada Trade: In 2022, Philippines exported $1.07k to Grenada. The main products that Philippines exported to Grenada were Iron Sewing Needles ($773), Other Iron Products ($251), and Non-Knit Women's Suits ($47). Over the past 5 years the exports of Philippines to Grenada have decreased at an annualized rate of 27.2%, from $5.24k in 2017 to $1.07k in 2022.

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

Grenada-Philippines Trade: In 2022, Grenada exported $166 to Philippines. The main products that Grenada exported to Philippines were Eyewear ($58), Electrical Lighting and Signalling Equipment ($57), and Plastic Coated Textile Fabric ($51). Over the past 5 years the exports of Grenada to Philippines have decreased at an annualized rate of 34.8%,  from $1.41k in 2017 to $166 in 2022.

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

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). 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
Value

In 2022, Philippines exported $1.07k to Grenada. The main products exported from Philippines to Grenada were Iron Sewing Needles ($773), Other Iron Products ($251), and Non-Knit Women's Suits ($47). During the last 5 years the exports of Philippines to Grenada have decreased at an annualized rate of 27.2%, from $5.24k in 2017 to $1.07k in 2022.

In 2017, Grenada exported $166 to Philippines. The main products exported from Grenada to Philippines were Eyewear ($58), Electrical Lighting and Signalling Equipment ($57), and Plastic Coated Textile Fabric ($51). During the last 5 years the exports of Grenada to Philippines have decreased at an annualized rate of 34.8%, from $1.41k in 2022 to $166 in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Philippines than Grenada included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

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

Comparative Advantage Philippines - Grenada

Flow
Scale

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

During 2022, Philippines had a large net trade with Grenada in the exports of Metals ($1.02k) and Textiles ($47).

During 2017, Grenada had a large net trade with Philippines in the exports of Instruments ($58), Machines ($57), and Textiles ($51).

Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Grenada (Flag) (2022)

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