Grenada (GRD) and India (IND) Trade | The Observatory of Economic Complexity

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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 34.8%, from $281k in 2017 to $1.25M in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 34.8%, from $281k in 2017 to $1.25M in 2022.

In 2017, 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 2022 to $4.49M in 2017.

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

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

Latest Data

Trade between Grenada () and India ()

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

India
Top DestinationUnited States$82.9B

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

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

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

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

Comparative Advantage Grenada - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Grenada had a large net trade with India in the exports of Vegetable Products ($1.01M) and Machines ($237k).

During 2017, India had a large net trade with Grenada in the exports of Metals ($1.5M), Transportation ($1.17M), and Chemical Products ($526k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Grenada () and India ()

India Exports

Market Competitiveness

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

Comparative Advantage Grenada - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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