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 
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Grenada-Cayman Islands In 2021, Grenada exported $54.3k to Cayman Islands. The main products that Grenada exported to Cayman Islands are N/A. During the last 24 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 16.6%, from $1.37k in 1997 to $54.3k in 2021.

In 2021, Grenada did not export any services to Cayman Islands.

Cayman Islands-Grenada In 2021, Cayman Islands exported $62.6M to Grenada. The main products that Cayman Islands exported to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). During the last 24 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 62.9%, from $513 in 1997 to $62.6M in 2021.

In 2021, Cayman Islands did not export any services to Grenada.

Comparison In 2022,  Grenada ranked 206 in total exports ($31.9M). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Grenada exported $54.3k to Cayman Islands. There were not main exports from Grenada to Cayman Islands in 2021. During the last 24 years the exports of Grenada to Cayman Islands have increased at an annualized rate of 16.6%, from $1.37k in 1997 to $54.3k in 2021.

In 2022, Cayman Islands exported $62.6M to Grenada. The main products exported from Cayman Islands to Grenada were Refined Petroleum ($61.6M), Petroleum Gas ($829k), and Motor vehicles; parts and accessories (8701 to 8705) ($65.4k). During the last 27 years the exports of Cayman Islands to Grenada have increased at an annualized rate of 62.9%, from $513 in 1995 to $62.6M in 2022.

Exports from Grenada (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Grenada (Flag) (2022)

Latest Data

Trade between Grenada (Flag) and Cayman Islands (Flag)

Grenada Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$10.5M
Cayman Islands
Top Destination
Malta$218M

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

In 2021, countries that imported more from Grenada than Cayman Islands were Antigua and Barbuda ($3.14M), India ($1.25M), and Saint Vincent and the Grenadines ($1.22M).

In 2021, countries that imported more from Cayman Islands than Grenada were Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Grenada (Flag) (2022)

Comparative Advantage Grenada - Cayman Islands

Flow
Scale

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

During 2021, Grenada had a large net trade with Cayman Islands in the exports of .

During 2022, Cayman Islands had a large net trade with Grenada in the exports of Mineral Products ($62.4M), Transportation ($87.9k), and Chemical Products ($38k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Grenada has comparative advantage over Cayman Islands. Similarly, the more yellow a dot/product is, the more Cayman Islands has comparative advantage over Grenada.

Product Space of Grenada (Flag) and Cayman Islands (Flag) (2022)

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