2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 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

Sweden-Grenada Trade: In 2023, Sweden exported $421k to Grenada. The main products that Sweden exported to Grenada were Matches ($124k), Broadcasting Equipment ($65.3k), and Telephones ($63.1k). Over the past 5 years the exports of Sweden to Grenada have increased at an annualized rate of 4.93%, from $331k in 2018 to $421k in 2023.

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

Grenada-Sweden Trade: In 2023, Grenada exported $35.6k to Sweden. The main products that Grenada exported to Sweden were Other Iron Products ($15.6k), Valves ($10.7k), and Self-adhesive Plastics ($3.96k). Over the past 5 years the exports of Grenada to Sweden have increased at an annualized rate of 113%,  from $806 in 2018 to $35.6k in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). 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, Sweden exported $421k to Grenada. The main products exported from Sweden to Grenada were Matches ($124k), Broadcasting Equipment ($65.3k), and Telephones ($63.1k). During the last 5 years the exports of Sweden to Grenada have increased at an annualized rate of 4.93%, from $331k in 2018 to $421k in 2023.

In 2018, Grenada exported $35.6k to Sweden. The main products exported from Grenada to Sweden were Other Iron Products ($15.6k), Valves ($10.7k), and Self-adhesive Plastics ($3.96k). During the last 5 years the exports of Grenada to Sweden have increased at an annualized rate of 113%, from $806 in 2023 to $35.6k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Sweden than Grenada included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Grenada than Sweden included Antigua and Barbuda ($7.79M), Dominica ($3.53M), and Saint Kitts and Nevis ($2.83M).

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

Comparative Advantage Sweden - Grenada

Flow
Scale

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

During 2023, Sweden had a large net trade with Grenada in the exports of Machines ($241k), Chemical Products ($127k), and Metals ($27.5k).

During 2018, Grenada had a large net trade with Sweden in the exports of Metals ($16k), Machines ($11.6k), and Plastics and Rubbers ($5.56k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with