# Grenada Export Playbook for Latin America and Caribbean

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> Yugalinks regional export playbook

Compare buyer markets, access conditions, and calculated product opportunities in Latin America and Caribbean. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

## Navigation

- [Yugalinks home](https://www.yugalinks.com/)
- [Trade data](https://www.yugalinks.com/trade/)
- [Open country workspace](https://www.yugalinks.com/app/countries)
- [Data sources](https://www.yugalinks.com/data-sources)
- [Methodology](https://www.yugalinks.com/methodology)

## Overview

- Exporter: Grenada (GRD)
- Region: Latin America and Caribbean
- Latest trade year: 2024
- Buyer markets: 8
- Calculated three-year opportunity: $8.3B
- Reported FTA markets: 6
- Average reported distance: 1,353 km
- Average business entry indicator: 14 days

## Market comparison

| Market | ISO3 | Opportunity | Products | FTA | Distance | Entry days | Top product |
| --- | --- | ---: | ---: | --- | ---: | ---: | --- |
| Trinidad and Tobago | TTO | $2.5B | 3 | Reported | 161 km | 11 | Product not reported |
| Costa Rica | CRI | $2.1B | 3 | Not reported | 2,450 km | 23 | Product not reported |
| Brazil | BRA | $1.5B | 6 | Not reported | 4,290 km | 17 | Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 |
| Saint Lucia | LCA | $689.9M | 1 | Reported | 232 km | 11 | Product not reported |
| Jamaica | JAM | $523.8M | 1 | Reported | 1,747 km | 3 | Product not reported |
| Dominican Republic | DOM | $477.1M | 2 | Reported | 1,122 km | 17 | Plastics: other articles n.e.s. in chapter 39 |
| Antigua and Barbuda | ATG | $267.2M | 1 | Reported | 564 km | 19 | Product not reported |
| Barbados | BRB | $220.7M | 1 | Reported | 257 km | 16 | Product not reported |

## Product and market opportunities

| Rank | Market | Product | Opportunity | Buyer growth | Current share |
| ---: | --- | --- | ---: | ---: | ---: |
| 1 | Costa Rica (CRI) | HS 271019 - Product description unavailable | $1.6B | +12.7% | +0.0% |
| 2 | Trinidad and Tobago (TTO) | HS 271019 - Product description unavailable | $1.1B | +16.8% | +0.0% |
| 3 | Trinidad and Tobago (TTO) | HS 860900 - Containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport | $982.4M | +35.1% | +0.0% |
| 4 | Saint Lucia (LCA) | HS 271019 - Product description unavailable | $689.9M | +13.4% | +0.0% |
| 5 | Jamaica (JAM) | HS 271019 - Product description unavailable | $523.8M | +4.3% | +0.0% |
| 6 | Brazil (BRA) | HS 843149 - Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 | $451.6M | +9.3% | +0.0% |
| 7 | Trinidad and Tobago (TTO) | HS 271012 - Product description unavailable | $391.1M | +23.5% | +0.0% |
| 8 | Brazil (BRA) | HS 848180 - Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves | $365.9M | +8.7% | +0.0% |
| 9 | Dominican Republic (DOM) | HS 392690 - Plastics: other articles n.e.s. in chapter 39 | $327.8M | +13.3% | +0.0% |
| 10 | Costa Rica (CRI) | HS 851712 - Telephones for cellular networks or for other wireless networks | $323.4M | +20.0% | +0.0% |
| 11 | Antigua and Barbuda (ATG) | HS 271019 - Product description unavailable | $267.2M | +12.2% | +0.0% |
| 12 | Costa Rica (CRI) | HS 392690 - Plastics: other articles n.e.s. in chapter 39 | $243.6M | +13.4% | +0.0% |
| 13 | Barbados (BRB) | HS 271019 - Product description unavailable | $220.7M | +8.0% | +0.0% |
| 14 | Brazil (BRA) | HS 732690 - Iron or steel: articles n.e.s. in heading no. 7326 | $197.9M | +9.9% | +0.0% |
| 15 | Brazil (BRA) | HS 840999 - Engines: parts for internal combustion piston engines (excluding spark-ignition) | $173.7M | +7.4% | +0.0% |
| 16 | Brazil (BRA) | HS 851220 - Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539) | $162.0M | +12.2% | +0.0% |
| 17 | Dominican Republic (DOM) | HS 841590 - Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof | $149.2M | +13.0% | +0.0% |
| 18 | Brazil (BRA) | HS 870830 - Vehicle parts: brakes, servo-brakes and parts thereof | $147.5M | +5.7% | +0.0% |

## Sector opportunities

| Sector | Products | Reported buyer imports | Opportunity | Average growth |
| --- | ---: | ---: | ---: | ---: |
| HS2 00 - HS2 sector 00 | 7 | $4.4B | $4.8B | +13.0% |
| HS2 84 - HS2 sector 84 | 4 | $2.8B | $1.1B | +9.6% |
| HS2 86 - HS2 sector 86 | 1 | $512.0M | $982.4M | +35.1% |
| HS2 39 - HS2 sector 39 | 2 | $620.8M | $571.5M | +13.3% |
| HS2 85 - HS2 sector 85 | 2 | $1.0B | $485.4M | +16.1% |
| HS2 73 - HS2 sector 73 | 1 | $544.9M | $197.9M | +9.9% |
| HS2 87 - HS2 sector 87 | 1 | $476.4M | $147.5M | +5.7% |

## Frequently asked questions

### Should Grenada focus on Latin America and Caribbean?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

### What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

### How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

Yugalinks presents derived views for research and planning. [Read the full methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.
