Sri Lanka (LKA) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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Sri Lanka-Grenada Trade: In 2022, Sri Lanka exported $45.2k to Grenada. The main products that Sri Lanka exported to Grenada were Soybean Oil ($26k), Other Stone Articles ($7.52k), and Awnings, Tents, and Sails ($6.34k). Over the past 8 years the exports of Sri Lanka to Grenada have increased at an annualized rate of 32.9%, from $4.65k in 2014 to $45.2k in 2022.

In 2022, Sri Lanka did not export any services to Grenada.

Grenada-Sri Lanka Trade: In 2022, Grenada exported $66 to Sri Lanka. The main products that Grenada exported to Sri Lanka were Knit Women's Suits ($66). Over the past 8 years the exports of Grenada to Sri Lanka have decreased at an annualized rate of 82.4%, from $388k in 2014 to $66 in 2022.

In 2022, Grenada did not export any services to Sri Lanka.

Comparison In 2022, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sri Lanka exported $45.2k to Grenada. The main products exported from Sri Lanka to Grenada were Soybean Oil ($26k), Other Stone Articles ($7.52k), and Awnings, Tents, and Sails ($6.34k). During the last 8 years the exports of Sri Lanka to Grenada have increased at an annualized rate of 32.9%, from $4.65k in 2014 to $45.2k in 2022.

In 2017, Grenada exported $66 to Sri Lanka. The main products exported from Grenada to Sri Lanka were Knit Women's Suits ($66). During the last 5 years the exports of Grenada to Sri Lanka have decreased at an annualized rate of 82.4%, from $388k in 2022 to $66 in 2017.

Exports from Sri Lanka () to Grenada () (2022)

Exports from Grenada () to Sri Lanka () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from Sri Lanka than Grenada included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Grenada than Sri Lanka included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Saint Lucia ($716k).

Difference in imports from Grenada () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with Grenada in the exports of Animal and Vegetable Bi-Products ($26k), Stone And Glass ($7.52k), and Textiles ($6.34k).

During 2017, Grenada had a large net trade with Sri Lanka in the exports of Textiles ($66).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Grenada () (2022)

Exports from Grenada () to Sri Lanka () (2022)

Market Competitiveness

Difference in imports from Grenada () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - Grenada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Grenada () (2022)

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