2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 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

Trinidad and Tobago-Grenada Trade: In 2022, Trinidad and Tobago exported $63.6M to Grenada. The main products that Trinidad and Tobago exported to Grenada were Refined Petroleum ($4.08M), Baked Goods ($3.84M), and Flavored Water ($3.67M). Over the past 5 years the exports of Trinidad and Tobago to Grenada have decreased at an annualized rate of 5.25%, from $83.3M in 2017 to $63.6M in 2022.

In 2022, Trinidad and Tobago did not export any services to Grenada.

Grenada-Trinidad and Tobago Trade: In 2022, Grenada exported $980k to Trinidad and Tobago. The main products that Grenada exported to Trinidad and Tobago were Other Fermented Beverages ($292k), Nutmeg, mace and cardamons ($188k), and Crustaceans ($65.5k). Over the past 5 years the exports of Grenada to Trinidad and Tobago have decreased at an annualized rate of 15.2%,  from $2.23M in 2017 to $980k in 2022.

In 2022, Grenada did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, Grenada ranked 206 in total exports ($31.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $63.6M to Grenada. The main products exported from Trinidad and Tobago to Grenada were Refined Petroleum ($4.08M), Baked Goods ($3.84M), and Flavored Water ($3.67M). During the last 5 years the exports of Trinidad and Tobago to Grenada have decreased at an annualized rate of 5.25%, from $83.3M in 2017 to $63.6M in 2022.

In 2017, Grenada exported $980k to Trinidad and Tobago. The main products exported from Grenada to Trinidad and Tobago were Other Fermented Beverages ($292k), Nutmeg, mace and cardamons ($188k), and Crustaceans ($65.5k). During the last 5 years the exports of Grenada to Trinidad and Tobago have decreased at an annualized rate of 15.2%, from $2.23M in 2022 to $980k in 2017.

Exports from Trinidad and Tobago (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Grenada (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Trinidad and Tobago than Grenada included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Grenada than Trinidad and Tobago included Eswatini ($223k), Israel ($151k), and Burkina Faso ($7.39k).

Difference in imports from Grenada (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Grenada

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Grenada in the exports of Foodstuffs ($21.2M), Mineral Products ($10M), and Metals ($7.76M).

During 2017, Grenada had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($341k), Vegetable Products ($198k), and Metals ($106k).

Economic Complexity

Competitive Landscape

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

Product Space of Trinidad and Tobago (Flag) and Grenada (Flag) (2022)

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