2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$1.26BCURRENT US$
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2012-2022
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GDP GROWTH
57.1%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$10,016CURRENT US$
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2012-2022
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GDP PC GROWTH
45.1%CURRENT US$
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About

Spain-Grenada In 2022, Spain exported $6.84M to Grenada. The main products that Spain exported to Grenada are Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). During the last 27 years the exports of Spain to Grenada have increased at an annualized rate of 5.42%, from $1.64M in 1995 to $6.84M in 2022.

In 2022, Spain did not export any services to Grenada.

Grenada-Spain In 2022, Grenada exported $110k to Spain. The main products that Grenada exported to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). During the last 27 years the exports of Grenada to Spain have increased at an annualized rate of 2.64%, from $54.1k in 1995 to $110k in 2022.

In 2022, Grenada did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $6.84M to Grenada. The main products exported from Spain to Grenada were Air Conditioners ($1.61M), Office Machine Parts ($709k), and Electric Generating Sets ($536k). During the last 27 years the exports of Spain to Grenada have increased at an annualized rate of 5.42%, from $1.64M in 1995 to $6.84M in 2022.

In 2022, Grenada exported $110k to Spain. The main products exported from Grenada to Spain were Aircraft Parts ($66.3k), Brochures ($23.8k), and Nutmeg, mace and cardamons ($19.1k). During the last 27 years the exports of Grenada to Spain have increased at an annualized rate of 2.64%, from $54.1k in 1995 to $110k in 2022.

Exports from Spain (Flag) to Grenada (Flag) (2022)

Exports from Grenada (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Grenada
Top Destination
United States$10.5M

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

In 2021, countries that imported more from Spain than Grenada were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Grenada than Spain were Saint Vincent and the Grenadines ($1.22M) and Montserrat ($169k).

Difference in imports from Grenada (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Grenada

Flow
Scale

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

During 2022, Spain had a large net trade with Grenada in the exports of Machines ($4.26M), Stone And Glass ($939k), and Metals ($557k).

During 2022, Grenada had a large net trade with Spain in the exports of Transportation ($66.3k), Paper Goods ($23.9k), and Vegetable Products ($19.1k).

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 Spain has comparative advantage over Grenada. Similarly, the more yellow a dot/product is, the more Grenada has comparative advantage over Spain.

Product Space of Spain (Flag) and Grenada (Flag) (2022)

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