2023
Flag  
GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 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 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 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

Russia-Grenada Trade: In 2023, Russia exported $197 to Grenada. The main products that Russia exported to Grenada were Refrigerators ($197). Over the past 7 years the exports of Russia to Grenada have decreased at an annualized rate of 14.1%, from $571 in 2016 to $197 in 2023.

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 2023, Grenada exported $5.89k to Russia. The main products that Grenada exported to Russia were N/A. Over the past 7 years the exports of Grenada to Russia have decreased at an annualized rate of 35.3%,  from $52k in 2016 to $5.89k in 2023.

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

Comparison In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3),  and 18 in total exports ($394B). 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, Russia exported $197 to Grenada. The main products exported from Russia to Grenada were Refrigerators ($197). During the last 7 years the exports of Russia to Grenada have decreased at an annualized rate of 14.1%, from $571 in 2016 to $197 in 2023.

In 2017, Grenada exported $5.89k to Russia. There were not main exports from Grenada to Russia in 2017. During the last 5 years the exports of Grenada to Russia have decreased at an annualized rate of 35.3%, from $52k in 2022 to $5.89k in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Grenada
Top Destination
United States$13.8M

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 2023, countries that imported more from Russia than Grenada included China ($129B), India ($66.1B), and Turkey ($31B).

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

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

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 2023, Russia had a large net trade with Grenada in the exports of Machines ($197).

During 2017, Grenada had a large net trade with Russia in the exports of .

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) (2023)

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