China-Grenada Bilateral Trade Analysis 2023
Complete trade statistics: $23.74M total volume •China surplus: $23.74M
China → Grenada
$23.74M
Exports (2023)
Grenada → China
$0
Imports (2023)
Trade Balance
$23.74M
Surplus for China
Total Trade
$23.74M
Combined Volume
Trade Flow Visualization
Direct trade relationship between China and Grenada. Green line shows exports from China, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Grenada commercial relationship and competitive positioning in global markets.
China → Grenada Exports
Export Market Intelligence
🎯 Strategic Export Focus
China's export portfolio to Grenada demonstrates strategic specialization, with machinery and mechanical appliances: passenger boarding bridges, of a kind used in airports representing a key competitive advantage in this bilateral market.
Grenada → China Imports
Import Dependency Profile
📦 Import Strategy Analysis
China's import pattern from Grenada reveals significant dependencyin rum and other spirits obtained by distilling fermented sugar-cane products, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
China demonstrates competitive strength in exportingmachinery and mechanical appliances: passenger boarding bridges, of a kind used in airports to Grenada, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $23.74M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: China-Grenada Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $23.74 millionrepresenting a significant bilateral economic relationship
- Trade Balance: China maintains a surplus of $23.74 million
- Export Focus: China's primary exports include machinery and mechanical appliances: passenger boarding bridges, of a kind used in airports, iron or steel: structures and parts thereof, n.e.c. in heading 7308, iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
- Import Dependencies: Key imports from Grenada include rum and other spirits obtained by distilling fermented sugar-cane products, ball bearings, electronic integrated circuits: memories
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $23.74M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in machinery and mechanical appliances: passenger boarding bridges, of a kind used in airports.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
China's specialization in machinery and mechanical appliances: passenger boarding bridges, of a kind used in airportscomplements Grenada's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in rum and other spirits obtained by distilling fermented sugar-cane products.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $23.74M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $23.74M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $23.74 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in machinery and mechanical appliances: passenger boarding bridges, of a kind used in airports and rum and other spirits obtained by distilling fermented sugar-cane products demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
China's trade surplus of $23.74 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between China and Grenada represents a total trade volume of $23.74 million in 2023. This partnership demonstrates a favorable trade balance for China, with exports exceeding importsby $23.74 million.
Export Strengths
China's exports to Grenada total $23.74 million, with competitive advantages in machinery and mechanical appliances: passenger boarding bridges, of a kind used in airports, representing $1.10M or4.6% of bilateral exports.
Import Dependencies
Imports from Grenada amount to $0.00, highlighting economic interdependence in rum and other spirits obtained by distilling fermented sugar-cane products, with Rum and other spirits obtained by distilling fermented sugar-cane products comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between China and Grenada in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023