Grenada (GRD) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Grenada-Belize Trade: In 2022, Grenada exported $26.8k to Belize. The main products that Grenada exported to Belize were Beer ($17.2k) and Other Fermented Beverages ($9.64k). Over the past 5 years the exports of Grenada to Belize have decreased at an annualized rate of 51.5%, from $1M in 2017 to $26.8k in 2022.

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

Belize-Grenada Trade: In 2022, Belize exported $950k to Grenada. The main products that Belize exported to Grenada were Raw Sugar ($721k), Ice Cream ($108k), and Plaster Articles ($41.9k). Over the past 5 years the exports of Belize to Grenada have increased at an annualized rate of 38.7%, from $185k in 2017 to $950k in 2022.

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

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M). That same year, Belize ranked 175 in total exports ($399M). 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 $26.8k to Belize. The main products exported from Grenada to Belize were Beer ($17.2k) and Other Fermented Beverages ($9.64k). During the last 5 years the exports of Grenada to Belize have decreased at an annualized rate of 51.5%, from $1M in 2017 to $26.8k in 2022.

In 2017, Belize exported $950k to Grenada. The main products exported from Belize to Grenada were Raw Sugar ($721k), Ice Cream ($108k), and Plaster Articles ($41.9k). During the last 5 years the exports of Belize to Grenada have increased at an annualized rate of 38.7%, from $185k in 2022 to $950k in 2017.

Exports from Grenada () to Belize () (2022)

Exports from Belize () to Grenada () (2022)

Latest Data

Trade between Grenada () and Belize ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Grenada than Belize included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Argentina ($562k).

In 2022, countries that imported more from Belize than Grenada included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

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

Comparative Advantage Grenada - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with Belize in the exports of Foodstuffs ($26.8k).

During 2017, Belize had a large net trade with Grenada in the exports of Foodstuffs ($829k), Stone And Glass ($67.4k), and Chemical Products ($52.6k).

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

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Historical Data

Bilateral Trade by Products

Exports from Grenada () to Belize () (2022)

Exports from Belize () to Grenada () (2022)

Latest Data

Trade between Grenada () and Belize ()

Belize Exports

Market Competitiveness

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

Comparative Advantage Grenada - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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