Grenada-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $15.04M total volume •Grenada deficit: $15.04M
Grenada → Brazil
$0
Exports (2023)
Brazil → Grenada
$15.04M
Imports (2023)
Trade Balance
$15.04M
Deficit for Grenada
Total Trade
$15.04M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Grenada and Brazil. Green line shows exports from Grenada, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Grenada-Brazil commercial relationship and competitive positioning in global markets.
Grenada → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Grenada's export portfolio to Brazil demonstrates strategic specialization, with gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters representing a key competitive advantage in this bilateral market.
Brazil → Grenada Imports
Import Dependency Profile
📦 Import Strategy Analysis
Grenada's import pattern from Brazil reveals significant dependencyin meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Grenada demonstrates competitive strength in exportinggears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters to Brazil, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $15.04M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Grenada-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $15.04 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Grenada maintains a deficit of $15.04 million
- Export Focus: Grenada's primary exports include gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters, wine: sparkling, weaving machines (looms): parts including their auxiliary machinery, and accessories thereof n.e.c. in item no. 8448.4
- Import Dependencies: Key imports from Brazil include meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, plywood: consisting only of sheets of wood (not bamboo), each ply 6mm or thinner, with both outer plies of coniferous wood, meat preparations: of bovine animals, meat or meat offal, prepared or preserved (excluding livers and homogenised preparations)
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 $15.04M 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 Grenada leveraging its comparative advantages in gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters.
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
Grenada's specialization in gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converterscomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $15.04M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $15.04M 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 $15.04 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters and meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Grenada's trade deficit of $15.04 million impacts 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 Grenada and Brazil represents a total trade volume of $15.04 million in 2023. This partnership demonstrates an unfavorable trade balance for Grenada, with imports exceeding exportsby $15.04 million.
Export Strengths
Grenada's exports to Brazil total $0.00, with competitive advantages in gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters, representing $964 orInfinity% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $15.04 million, highlighting economic interdependence in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, with Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen comprising72.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Grenada's strategic sourcing from Brazil. 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 Grenada and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023