2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 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

Singapore-Grenada Trade: In 2023, Singapore exported $364k to Grenada. The main products that Singapore exported to Grenada were Tractors ($120k), Telephones ($62k), and Broadcasting Equipment ($59.5k). Over the past 5 years the exports of Singapore to Grenada have decreased at an annualized rate of 20.7%, from $1.16M in 2018 to $364k in 2023.

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

Grenada-Singapore Trade: In 2023, Grenada exported $151k to Singapore. The main products that Grenada exported to Singapore were Gas Turbines ($61.3k), Aircraft parts (gliders, balloons, and powered aircraft) ($55k), and Electric Soldering Equipment ($23.1k). Over the past 5 years the exports of Grenada to Singapore have increased at an annualized rate of 55.4%,  from $16.7k in 2018 to $151k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $364k to Grenada. The main products exported from Singapore to Grenada were Tractors ($120k), Telephones ($62k), and Broadcasting Equipment ($59.5k). During the last 5 years the exports of Singapore to Grenada have decreased at an annualized rate of 20.7%, from $1.16M in 2018 to $364k in 2023.

In 2018, Grenada exported $151k to Singapore. The main products exported from Grenada to Singapore were Gas Turbines ($61.3k), Aircraft parts (gliders, balloons, and powered aircraft) ($55k), and Electric Soldering Equipment ($23.1k). During the last 5 years the exports of Grenada to Singapore have increased at an annualized rate of 55.4%, from $16.7k in 2023 to $151k in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Grenada (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Singapore than Grenada included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Grenada than Singapore included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

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

Comparative Advantage Singapore - Grenada

Flow
Scale

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

During 2023, Singapore had a large net trade with Grenada in the exports of Machines ($199k), Transportation ($165k), and Footwear and Headwear ($83).

During 2018, Grenada had a large net trade with Singapore in the exports of Machines ($88.3k), Transportation ($55k), and Animal Products ($5.43k).

Economic Complexity

Competitive Landscape

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

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

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