Netherlands-Grenada Bilateral Trade Analysis 2023
Complete trade statistics: $11.24M total volume •Netherlands surplus: $8.66M
Netherlands → Grenada
$9.95M
Exports (2023)
Grenada → Netherlands
$1.29M
Imports (2023)
Trade Balance
$8.66M
Surplus for Netherlands
Total Trade
$11.24M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and Grenada. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Grenada commercial relationship and competitive positioning in global markets.
Netherlands → Grenada Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to Grenada demonstrates strategic specialization, with dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms representing a key competitive advantage in this bilateral market.
Grenada → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands's import pattern from Grenada reveals significant dependencyin spices: nutmeg, neither crushed nor ground, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Netherlands demonstrates competitive strength in exportingdairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms to Grenada, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $11.24M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-Grenada Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $11.24 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a surplus of $8.66 million
- Export Focus: Netherlands's primary exports include dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms, vegetables: potatoes (other than seed), fresh or chilled, dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, other than in powder, granules or other solid forms
- Import Dependencies: Key imports from Grenada include spices: nutmeg, neither crushed nor ground, engines: parts for internal combustion piston engines (excluding spark-ignition), spices: nutmeg, crushed or ground
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 $11.24M 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 Netherlands leveraging its comparative advantages in dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms.
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
Netherlands's specialization in dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid formscomplements Grenada's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in spices: nutmeg, neither crushed nor ground.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $11.24M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $11.24M 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 $11.24 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms and spices: nutmeg, neither crushed nor ground demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade surplus of $8.66 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 Netherlands and Grenada represents a total trade volume of $11.24 million in 2023. This partnership demonstrates a favorable trade balance for Netherlands, with exports exceeding importsby $8.66 million.
Export Strengths
Netherlands's exports to Grenada total $9.95 million, with competitive advantages in dairy produce: milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms, representing $2.43M or24.4% of bilateral exports.
Import Dependencies
Imports from Grenada amount to $1.29 million, highlighting economic interdependence in spices: nutmeg, neither crushed nor ground, with Spices: nutmeg, neither crushed nor ground comprising53.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Netherlands'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 Netherlands and Grenada in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023