2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

Grenada-Azerbaijan Trade: In 2022, Grenada exported $6 to Azerbaijan. The main products that Grenada exported to Azerbaijan were N/A. Over the past 21 years the exports of Grenada to Azerbaijan have decreased at an annualized rate of 9.6%, from $50 in 2001 to $6 in 2022.

In 2022, Grenada did not export any services to Azerbaijan.

Azerbaijan-Grenada In N/A, Azerbaijan did not export any products to Grenada.

In 2022, Azerbaijan did not export any services to Grenada.

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Grenada exported $6 to Azerbaijan. There were not main exports from Grenada to Azerbaijan in 2022. During the last 21 years the exports of Grenada to Azerbaijan have decreased at an annualized rate of 9.6%, from $50 in 2001 to $6 in 2022.

Azerbaijan does not register exports to Grenada.

Exports from Grenada (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Grenada (Flag) (2022)

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
Azerbaijan
Top Destination
Italy$11.4B

This map shows whether countries import more from Grenada or Azerbaijan. Each country is colored based on the difference in imports they receive from Grenada and Azerbaijan or the difference in the growth in imports.

In 2023, countries that imported more from Grenada than Azerbaijan included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

In 2023, countries that imported more from Azerbaijan than Grenada included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

Difference in imports from Azerbaijan (Flag) and Grenada (Flag) (2023)

Comparative Advantage Grenada - Azerbaijan

Flow
Scale

This chart compares trade between Grenada and Azerbaijan by product, considering products traded by both, Grenada and Azerbaijan.

During 2022, Grenada had a large net trade with Azerbaijan in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Grenada and Azerbaijan. This means that a dot/product with the flag of Grenada indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Grenada.

Product Space of Grenada (Flag) and Azerbaijan (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with