Grenada
Compare Grenada →GD · GRD · BACI 308 · latest data 2024
Exports
= $43 M6.9% over 5 yrs (down)
Imports
= $745 M28.9% over 5 yrs (up)
Trade balancedeficit
= −$702 M
Total trade
= $788 M26.2% over 5 yrs (up)
- World position
- #201 of 225 exporters · bottom half · #187 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Grenada's exports grew from $34M in 1995 to $43M in 2024; the 2024 balance was −$701M.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $34 M | $151 M | −$116 M | $185 M |
| 1996 | $30 M | $176 M | −$146 M | $205 M |
| 1997 | $41 M | $186 M | −$145 M | $228 M |
| 1998 | $65 M | $225 M | −$161 M | $290 M |
| 1999 | $57 M | $237 M | −$181 M | $294 M |
| 2000 | $104 M | $257 M | −$153 M | $361 M |
| 2001 | $83 M | $236 M | −$152 M | $319 M |
| 2002 | $61 M | $224 M | −$164 M | $285 M |
| 2003 | $66 M | $281 M | −$215 M | $347 M |
| 2004 | $41 M | $324 M | −$283 M | $365 M |
| 2005 | $41 M | $377 M | −$336 M | $418 M |
| 2006 | $38 M | $372 M | −$334 M | $410 M |
| 2007 | $71 M | $412 M | −$341 M | $483 M |
| 2008 | $52 M | $407 M | −$354 M | $459 M |
| 2009 | $39 M | $310 M | −$271 M | $349 M |
| 2010 | $41 M | $333 M | −$292 M | $373 M |
| 2011 | $50 M | $351 M | −$301 M | $400 M |
| 2012 | $55 M | $347 M | −$292 M | $401 M |
| 2013 | $63 M | $479 M | −$417 M | $542 M |
| 2014 | $45 M | $364 M | −$319 M | $409 M |
| 2015 | $53 M | $370 M | −$316 M | $423 M |
| 2016 | $50 M | $408 M | −$358 M | $457 M |
| 2017 | $52 M | $453 M | −$401 M | $505 M |
| 2018 | $52 M | $555 M | −$503 M | $606 M |
| 2019 | $47 M | $578 M | −$531 M | $625 M |
| 2020 | $35 M | $434 M | −$398 M | $469 M |
| 2021 | $41 M | $479 M | −$438 M | $520 M |
| 2022 | $44 M | $577 M | −$533 M | $621 M |
| 2023 | $58 M | $652 M | −$594 M | $710 M |
| 2024 | $43 M | $745 M | −$701 M | $788 M |
Trading partners
United States was Grenada's top trading partner in 2024, at 33.2% of total trade; the top five partners covered 67.1%.
- Top partner share
- 33.2%
- Top-5 share
- 67.1%
- Partners
- 133
- Partner HHI (0–1)
- 0.149
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $13 M | $249 M | $262 M | −$236 M |
| #2 | Trinidad & Tobago | $3 M | $101 M | $104 M | −$97 M |
| #3 | Cayman Isds | $0 M | $74 M | $74 M | −$74 M |
| #4 | Netherlands | $1 M | $55 M | $56 M | −$54 M |
| #5 | United Kingdom | $3 M | $29 M | $32 M | −$26 M |
| #6 | China | $1 M | $30 M | $31 M | −$29 M |
| #7 | Japan | $0 M | $23 M | $23 M | −$23 M |
| #8 | South Africa | $0 M | $22 M | $22 M | −$22 M |
| #9 | Barbados | $1 M | $15 M | $17 M | −$14 M |
| #10 | Jamaica | $0 M | $10 M | $11 M | −$10 M |
| #11 | Dominican Rep. | $0 M | $10 M | $10 M | −$10 M |
| #12 | Canada | $1 M | $9 M | $10 M | −$8 M |
| #13 | Brazil | $0 M | $9 M | $9 M | −$9 M |
| #14 | Panama | $0 M | $9 M | $9 M | −$9 M |
| #15 | Thailand | $0 M | $9 M | $9 M | −$9 M |
Products & sectors
Product composition of Grenada's trade in 2024.
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The product table loads with the product data for 2024.
Concentration & risk
Grenada's export partners held steady over 1995–2024 — HHI 0.125 → 0.125, a moderately concentrated export base across 90 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.125 | 0.198 | 54 | 94 |
| 1996 | 0.100 | 0.214 | 59 | 98 |
| 1997 | 0.119 | 0.207 | 70 | 104 |
| 1998 | 0.180 | 0.205 | 68 | 102 |
| 1999 | 0.178 | 0.208 | 74 | 101 |
| 2000 | 0.286 | 0.209 | 83 | 129 |
| 2001 | 0.173 | 0.241 | 79 | 119 |
| 2002 | 0.098 | 0.207 | 83 | 129 |
| 2003 | 0.107 | 0.196 | 83 | 143 |
| 2004 | 0.088 | 0.167 | 93 | 124 |
| 2005 | 0.080 | 0.172 | 87 | 119 |
| 2006 | 0.083 | 0.186 | 92 | 123 |
| 2007 | 0.131 | 0.179 | 84 | 115 |
| 2008 | 0.093 | 0.151 | 99 | 131 |
| 2009 | 0.106 | 0.147 | 79 | 138 |
| 2010 | 0.118 | 0.158 | 95 | 136 |
| 2011 | 0.086 | 0.160 | 87 | 127 |
| 2012 | 0.089 | 0.167 | 95 | 124 |
| 2013 | 0.088 | 0.165 | 102 | 97 |
| 2014 | 0.100 | 0.156 | 94 | 97 |
| 2015 | 0.078 | 0.168 | 98 | 110 |
| 2016 | 0.103 | 0.158 | 100 | 99 |
| 2017 | 0.083 | 0.162 | 98 | 111 |
| 2018 | 0.114 | 0.181 | 110 | 114 |
| 2019 | 0.129 | 0.149 | 94 | 119 |
| 2020 | 0.140 | 0.174 | 100 | 110 |
| 2021 | 0.147 | 0.173 | 102 | 107 |
| 2022 | 0.156 | 0.161 | 100 | 111 |
| 2023 | 0.097 | 0.168 | 96 | 117 |
| 2024 | 0.125 | 0.153 | 90 | 123 |
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