2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC 
$6,276CURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC
$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Paraguay-Grenada Trade: In 2023, Paraguay exported $5.64k to Grenada. The main products that Paraguay exported to Grenada were Unglazed Ceramics ($4.66k), Ceramic Bricks ($816), and Glazed Ceramics ($157). Over the past 8 years the exports of Paraguay to Grenada have decreased at an annualized rate of 28.1%, from $79k in 2015 to $5.64k in 2023.

In 2023, Paraguay did not export any services to Grenada.

Grenada-Paraguay Trade: In 2023, Grenada exported $33.9k to Paraguay. The main products that Grenada exported to Paraguay were Lifting Machinery ($33.7k) and Other Hand Tools ($162). Over the past 8 years the exports of Grenada to Paraguay have increased at an annualized rate of 173%,  from $223 in 2015 to $33.9k in 2023.

In 2023, Grenada did not export any services to Paraguay.

Comparison In 2023,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42),  and 94 in total exports ($12.2B). That same year, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Paraguay exported $5.64k to Grenada. The main products exported from Paraguay to Grenada were Unglazed Ceramics ($4.66k), Ceramic Bricks ($816), and Glazed Ceramics ($157). During the last 8 years the exports of Paraguay to Grenada have decreased at an annualized rate of 28.1%, from $79k in 2015 to $5.64k in 2023.

In 2018, Grenada exported $33.9k to Paraguay. The main products exported from Grenada to Paraguay were Lifting Machinery ($33.7k) and Other Hand Tools ($162). During the last 5 years the exports of Grenada to Paraguay have increased at an annualized rate of 173%, from $223 in 2023 to $33.9k in 2018.

Exports from Paraguay (Flag) to Grenada (Flag) (2023)

Exports from Grenada (Flag) to Paraguay (Flag) (2023)

Latest Data

Trade between Paraguay (Flag) and Grenada (Flag)

Paraguay Exports

Date

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Grenada
Top Destination
United States$13.8M

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

In 2023, countries that imported more from Paraguay than Grenada included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

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

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

Comparative Advantage Paraguay - Grenada

Flow
Scale

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

During 2023, Paraguay had a large net trade with Grenada in the exports of Stone And Glass ($5.64k).

During 2018, Grenada had a large net trade with Paraguay in the exports of Machines ($33.7k) and Metals ($162).

Economic Complexity

Competitive Landscape

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

Product Space of Paraguay (Flag) and Grenada (Flag) (2023)

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