2023
Flag  
GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$11,246CURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Grenada-India Trade: In 2023, Grenada exported $2.34M to India. The main products that Grenada exported to India were Nutmeg, mace and cardamons ($1.14M), Scrap Copper ($558k), and Industrial Fatty Acids, Oils and Alcohols ($486k). Over the past 5 years the exports of Grenada to India have increased at an annualized rate of 46.7%, from $344k in 2018 to $2.34M in 2023.

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

India-Grenada Trade: In 2023, India exported $4.27M to Grenada. The main products that India exported to Grenada were Cars ($1.33M), Packaged Medicaments ($421k), and Coated Flat-Rolled Iron ($402k). Over the past 5 years the exports of India to Grenada have increased at an annualized rate of 1.73%,  from $3.92M in 2018 to $4.27M in 2023.

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

Comparison In 2023,  Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index. That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Grenada exported $2.34M to India. The main products exported from Grenada to India were Nutmeg, mace and cardamons ($1.14M), Scrap Copper ($558k), and Industrial Fatty Acids, Oils and Alcohols ($486k). During the last 5 years the exports of Grenada to India have increased at an annualized rate of 46.7%, from $344k in 2018 to $2.34M in 2023.

In 2018, India exported $4.27M to Grenada. The main products exported from India to Grenada were Cars ($1.33M), Packaged Medicaments ($421k), and Coated Flat-Rolled Iron ($402k). During the last 5 years the exports of India to Grenada have increased at an annualized rate of 1.73%, from $3.92M in 2023 to $4.27M in 2018.

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

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

Latest Data

Trade between Grenada (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Grenada
Top Destination
United States$13.8M
India
Top Destination
United States$85.5B

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 2023, countries that imported more from Grenada than India included Saint Vincent and the Grenadines ($4.67M) and Saint Martin ($25.8k).

In 2023, countries that imported more from India than Grenada included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Grenada - India

Flow
Scale

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

During 2023, Grenada had a large net trade with India in the exports of Vegetable Products ($1.14M), Metals ($709k), and Chemical Products ($486k).

During 2018, India had a large net trade with Grenada in the exports of Transportation ($1.41M), Metals ($747k), and Chemical Products ($603k).

Economic Complexity

Competitive Landscape

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.

Product Space of Grenada (Flag) and India (Flag) (2023)

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