Grenada (GRD) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

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Grenada-Bahamas Trade: In 2022, Grenada exported $6.44k to Bahamas. The main products that Grenada exported to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). Over the past 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%, from $62.5k in 2017 to $6.44k in 2022.

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

Bahamas-Grenada Trade: In 2022, Bahamas exported $48.5k to Grenada. The main products that Bahamas exported to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). Over the past 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 37.8%, from $2.71k in 2017 to $48.5k in 2022.

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

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M). That same year, Bahamas ranked 139 in total exports ($2.83B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Grenada exported $6.44k to Bahamas. The main products exported from Grenada to Bahamas were Thermostats ($2.63k), Time Recording Instruments ($1.82k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). During the last 5 years the exports of Grenada to Bahamas have decreased at an annualized rate of 36.5%, from $62.5k in 2017 to $6.44k in 2022.

In 2017, Bahamas exported $48.5k to Grenada. The main products exported from Bahamas to Grenada were Vaccines, blood, antisera, toxins and cultures ($37.2k), Fishing Ships ($10k), and Knit T-shirts ($828). During the last 5 years the exports of Bahamas to Grenada have increased at an annualized rate of 37.8%, from $2.71k in 2022 to $48.5k in 2017.

Exports from Grenada () to Bahamas () (2022)

Exports from Bahamas () to Grenada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Grenada than Bahamas included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Trinidad and Tobago ($980k).

In 2022, countries that imported more from Bahamas than Grenada included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

Difference in imports from Bahamas () and Grenada () (2022)

Comparative Advantage Grenada - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Bahamas in the exports of Instruments ($4.45k), Transportation ($1.67k), and Chemical Products ($191).

During 2017, Bahamas had a large net trade with Grenada in the exports of Chemical Products ($37.2k), Transportation ($10k), and Textiles ($828).

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 Grenada and Bahamas. This means that a dot/product with the flag of Grenada indicates it has a comparative advantage over Bahamas. Similarly, a dot/product with the flag of Bahamas indicates it has a comparative advantage over Grenada.

About

Historical Data

Bilateral Trade by Products

Exports from Grenada () to Bahamas () (2022)

Exports from Bahamas () to Grenada () (2022)

Market Competitiveness

Difference in imports from Bahamas () and Grenada () (2022)

Comparative Advantage Grenada - Bahamas

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Grenada () and Bahamas () (2022)

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