New Zealand-Grenada Bilateral Trade Analysis 2023
Complete trade statistics: $4.18M total volume •New Zealand surplus: $4.18M
New Zealand → Grenada
$4.18M
Exports (2023)
Grenada → New Zealand
$0
Imports (2023)
Trade Balance
$4.18M
Surplus for New Zealand
Total Trade
$4.18M
Combined Volume
Trade Flow Visualization
Direct trade relationship between New Zealand and Grenada. Green line shows exports from New Zealand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the New Zealand-Grenada commercial relationship and competitive positioning in global markets.
New Zealand → Grenada Exports
Export Market Intelligence
🎯 Strategic Export Focus
New Zealand's export portfolio to Grenada demonstrates strategic specialization, with dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 representing a key competitive advantage in this bilateral market.
Grenada → New Zealand Imports
Import Dependency Profile
📦 Import Strategy Analysis
New Zealand's import pattern from Grenada reveals significant dependencyin equipment for outdoor games and recreation n.e.c. in heading no. 9506, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
New Zealand demonstrates competitive strength in exportingdairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 to Grenada, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $4.18M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: New Zealand-Grenada Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $4.18 millionrepresenting a significant bilateral economic relationship
- Trade Balance: New Zealand maintains a surplus of $4.18 million
- Export Focus: New Zealand's primary exports include dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406, dairy produce: derived from milk, butter, dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
- Import Dependencies: Key imports from Grenada include equipment for outdoor games and recreation n.e.c. in heading no. 9506, seaweeds and other algae: fit for human consumption, fresh, chilled, frozen or dried, whether or not ground, spices: nutmeg, neither crushed nor 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 $4.18M 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 New Zealand leveraging its comparative advantages in dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406.
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
New Zealand's specialization in dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406complements Grenada's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in equipment for outdoor games and recreation n.e.c. in heading no. 9506.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $4.18M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $4.18M 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 $4.18 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 and equipment for outdoor games and recreation n.e.c. in heading no. 9506 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
New Zealand's trade surplus of $4.18 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 New Zealand and Grenada represents a total trade volume of $4.18 million in 2023. This partnership demonstrates a favorable trade balance for New Zealand, with exports exceeding importsby $4.18 million.
Export Strengths
New Zealand's exports to Grenada total $4.18 million, with competitive advantages in dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406, representing $3.26M or78.0% of bilateral exports.
Import Dependencies
Imports from Grenada amount to $0.00, highlighting economic interdependence in equipment for outdoor games and recreation n.e.c. in heading no. 9506, with Equipment for outdoor games and recreation n.e.c. in heading no. 9506 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates New Zealand'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 New Zealand and Grenada in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023