2022
Exports
$234kWorld Rnk 186 / 216
Flag Rnk 18 / 76
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$110MWorld Rnk 182 / 225
Flag Rnk 1 / 96

About

Exports In 2022, Grenada exported $234k in Mineral fuels, mineral oils and products of their distillation, making it the 186th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 18th most exported product in Grenada. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Grenada are: Eswatini ($223k), Trinidad and Tobago ($5.77k), Barbados ($1.58k), Costa Rica ($1.31k), and Australia ($1.1k).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Grenada between 2021 and 2022 were Eswatini ($223k), Costa Rica ($1.31k), and Australia ($1.1k).

Imports In 2022, Grenada imported $110M in Mineral fuels, mineral oils and products of their distillation, becoming the 182nd largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Grenada. Grenada imports Mineral fuels, mineral oils and products of their distillation primarily from: Cayman Islands ($62.4M), United States ($34.7M), Trinidad and Tobago ($7.43M), France ($2.45M), and Switzerland ($867k).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Grenada between 2021 and 2022 were Cayman Islands ($24.5M), United States ($13.4M), and France ($2.45M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Mineral fuels, mineral oils and products of their distillation. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$234k
IMPORTS (2022)$110M
NET TRADE (2022)-$110M

In 2022, Grenada exported $234k in Mineral fuels, mineral oils and products of their distillation. The main destinations of Grenada exports on Mineral fuels, mineral oils and products of their distillation were Eswatini ($223k), Trinidad and Tobago ($5.77k), Barbados ($1.58k), Costa Rica ($1.31k), and Australia ($1.1k).

In 2022, Grenada imported $110M in Mineral fuels, mineral oils and products of their distillation, mainly from Cayman Islands ($62.4M), United States ($34.7M), Trinidad and Tobago ($7.43M), France ($2.45M), and Switzerland ($867k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Grenada WERE (2021 - 2022):
Eswatini$223k (1%)
Costa Rica$1.31k (1%)
Australia$1.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Grenada WERE (2021 - 2022):
United States-$11.9k (-93%)
Jamaica-$8.55k (-100%)
Barbados-$5.2k (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Grenada's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Grenada's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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