2023
Flag
 GDP
$1.32BCURRENT US$
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2013-2023
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GDP GROWTH
56.3%CURRENT US$
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2023
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GDP PC
$11,246CURRENT US$
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2013-2023
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GDP PC GROWTH
51.5%CURRENT US$
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About

British Virgin Islands-Grenada Trade: In 2023, British Virgin Islands exported $43.6k to Grenada. The main products that British Virgin Islands exported to Grenada were Electrical Transformers ($10k), Fishing Ships ($6.64k), and Electric Batteries ($6.47k). Over the past 5 years the exports of British Virgin Islands to Grenada have decreased at an annualized rate of 15.3%, from $100k in 2018 to $43.6k in 2023.

In 2023, British Virgin Islands did not export any services to Grenada.

Grenada-British Virgin Islands Trade: In 2023, Grenada exported $7.99k to British Virgin Islands. The main products that Grenada exported to British Virgin Islands were Hard Liquor ($6.05k), Candles ($887), and Other Cloth Articles ($401). Over the past 5 years the exports of Grenada to British Virgin Islands have decreased at an annualized rate of 13.2%,  from $16.2k in 2018 to $7.99k in 2023.

In 2023, Grenada did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M). That same year, Grenada ranked 201 in total exports ($58.3M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $43.6k to Grenada. The main products exported from British Virgin Islands to Grenada were Electrical Transformers ($10k), Fishing Ships ($6.64k), and Electric Batteries ($6.47k). During the last 5 years the exports of British Virgin Islands to Grenada have decreased at an annualized rate of 15.3%, from $100k in 2018 to $43.6k in 2023.

In 2018, Grenada exported $7.99k to British Virgin Islands. The main products exported from Grenada to British Virgin Islands were Hard Liquor ($6.05k), Candles ($887), and Other Cloth Articles ($401). During the last 5 years the exports of Grenada to British Virgin Islands have decreased at an annualized rate of 13.2%, from $16.2k in 2023 to $7.99k in 2018.

Exports from British Virgin Islands (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

Trade between British Virgin Islands (Flag) and Grenada (Flag)

Grenada Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from British Virgin Islands than Grenada included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

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

Difference in imports from Grenada (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Grenada

Flow
Scale

This chart compares trade between British Virgin Islands and Grenada by product, considering products traded by both, British Virgin Islands and Grenada.

During 2023, British Virgin Islands had a large net trade with Grenada in the exports of Machines ($26.4k), Transportation ($11.2k), and Textiles ($1.94k).

During 2018, Grenada had a large net trade with British Virgin Islands in the exports of Foodstuffs ($6.05k), Chemical Products ($1.33k), and Textiles ($412).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Grenada (Flag) (2023)

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