Grenada (GRD) and Russia (RUS) Trade | The Observatory of Economic Complexity

About

Grenada-Russia Trade: In 2022, Grenada exported $5.89k to Russia. The main products that Grenada exported to Russia were N/A. Over the past 5 years the exports of Grenada to Russia have decreased at an annualized rate of 35.3%, from $52k in 2017 to $5.89k in 2022.

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

Russia-Grenada Trade: In 2022, Russia exported $197 to Grenada. The main products that Russia exported to Grenada were Refrigerators ($197). Over the past 5 years the exports of Russia to Grenada have increased at an annualized rate of 19.7%, from $80 in 2017 to $197 in 2022.

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.

Comparison In 2023, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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

In 2018, Russia exported $197 to Grenada. The main products exported from Russia to Grenada were Refrigerators ($197). During the last 5 years the exports of Russia to Grenada have increased at an annualized rate of 19.7%, from $80 in 2023 to $197 in 2018.

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

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

Latest Data

Trade between Grenada () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$13.8M

Russia
Top DestinationChina$129B

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

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).

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

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

Comparative Advantage Grenada - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2018, Russia had a large net trade with Grenada in the exports of Machines ($197).

Bilateral Service Trade

Rus Year

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.

Service trade data is presented based on availability.

Services Exports from Russia () to Grenada () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Grenada () and Russia ()

Russia Exports

Market Competitiveness

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

Comparative Advantage Grenada - Russia

Bilateral Service Trade

Services Exports from Russia () to Grenada () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Grenada () and Russia () (2023)

Keep Exploring