2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Russia-Grenada Trade: In 2020, Russia exported $13k to Grenada. The main products that Russia exported to Grenada were N/A. Over the past 7 years the exports of Russia to Grenada have decreased at an annualized rate of 27.4%, from $123k in 2013 to $13k in 2020.

In 2020, Russia exported services to Grenada worth $95k, with Transportation ($72k), Other business services ($15k), and Financial services ($8k) being the largest in terms of value.

Grenada-Russia Trade: In 2020, Grenada exported $5.89k to Russia. The main products that Grenada exported to Russia were Hard Liquor ($5.89k). Over the past 7 years the exports of Grenada to Russia have decreased at an annualized rate of 35.3%,  from $51.7k in 2013 to $5.89k in 2020.

In 2020, Grenada did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Russia exported $13k to Grenada. There were not main exports from Russia to Grenada in 2020. During the last 7 years the exports of Russia to Grenada have decreased at an annualized rate of 27.4%, from $123k in 2013 to $13k in 2020.

In 2017, Grenada exported $5.89k to Russia. The main products exported from Grenada to Russia were Hard Liquor ($5.89k). During the last 5 years the exports of Grenada to Russia have decreased at an annualized rate of 35.3%, from $51.7k in 2022 to $5.89k in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Grenada
Top Destination
United States$10.5M

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

In 2022, countries that imported more from Russia than Grenada included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Grenada than Russia included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

Difference in imports from Grenada (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Grenada

Flow
Scale

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

During 2020, Russia had a large net trade with Grenada in the exports of .

During 2017, Grenada had a large net trade with Russia in the exports of Foodstuffs ($5.89k).

Economic Complexity

Competitive Landscape

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

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

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