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2022
Flag → Flag
Exports $4.49MRnk 183 / 217
2022
Flag → Flag
Top Product $1.15MCars
2022
Flag → Flag
Exports $1.25MRnk 3 / 94
2022
Flag → Flag
Top Product $1.01MNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

India-Grenada Trade: In 2022, India exported $4.49M to Grenada. The main products that India exported to Grenada were Cars ($1.15M), Other Small Iron Pipes ($369k), and Coated Flat-Rolled Iron ($366k). Over the past 5 years the exports of India to Grenada have increased at an annualized rate of 4.84%, from $3.55M in 2017 to $4.49M in 2022.

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

Grenada-India Trade: In 2022, Grenada exported $1.25M to India. The main products that Grenada exported to India were Nutmeg, mace and cardamons ($1.01M) and Air Conditioners ($237k). Over the past 5 years the exports of Grenada to India have increased at an annualized rate of 28.2%,  from $281k in 2017 to $1.25M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, India exported $641k and imported $32k from Grenada, resulting in a positive trade balance of $609k. Between August 2023 and August 2024 the exports of India have increased by $445k (226%) from $196k to $641k, while imports decreased by $-111k (-77.6%) from $143k to $32k.

Trade In August 2024, the top exports of India to Grenada were Motor Vehicle/Cars ($206k), Tobacco Manufactured ($98k), Petroleum Products ($27.1k), Electrodes ($6.82k), and Drug Formulations, Biologicals ($6.59k). In August 2024 the top imports of India from Grenada were .

Growth In August 2024, the increase in India's year-by-year exports to Grenada was explained primarily by an increase in product exports in Motor Vehicle/Cars ($149k or 258%). In May 2024, the decrease in India's year-by-year imports  from Grenada was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$445k(226%)
IMPORT GROWTH (May 2023 - May 2024)$-111k(-77.6%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Grenada and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Grenada and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $4.49M to Grenada. The main products exported from India to Grenada were Cars ($1.15M), Other Small Iron Pipes ($369k), and Coated Flat-Rolled Iron ($366k). During the last 5 years the exports of India to Grenada have increased at an annualized rate of 4.84%, from $3.55M in 2017 to $4.49M in 2022.

In 2017, Grenada exported $1.25M to India. The main products exported from Grenada to India were Nutmeg, mace and cardamons ($1.01M) and Air Conditioners ($237k). During the last 5 years the exports of Grenada to India have increased at an annualized rate of 28.2%, from $281k in 2022 to $1.25M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Grenada
Top DestinationUnited States$10.5M

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

In 2022, countries that imported more from India than Grenada included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Grenada than India included Saint Vincent and the Grenadines ($1.22M).

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

Comparative Advantage India - Grenada

Flow
Scale

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

During 2022, India had a large net trade with Grenada in the exports of Metals ($1.5M), Transportation ($1.17M), and Chemical Products ($526k).

During 2017, Grenada had a large net trade with India in the exports of Vegetable Products ($1.01M) and Machines ($237k).

Economic Complexity

Competitive Landscape

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

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

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