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2023
Exports $1.02kWorld Rnk 173 / 194
Flag Rnk 305 / 447
2023
Destination $1.02k United States
2022 - 2023
FASTEST GROWING MARKET $1.02kUnited States
2023
PRODUCT COMPLEXITY IN Essential Oils-1.17Rnk 872 / 1025
2023
Imports $117kWorld Rnk 164 / 217
Flag Rnk 420 / 1048
2023
Origin $22.2k United States
2022 - 2023
FASTEST GROWING ORIGIN $22.2kTrinidad and Tobago

About

Exports In 2023, Grenada exported $1.02k in Essential Oils, making it the 173rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 305th most exported product in Grenada. The main destination of Essential Oils exports from Grenada are: United States ($1.02k).

The fastest growing export markets for Essential Oils of Grenada between 2022 and 2023 were United States ($1.02k).

Imports In 2023, Grenada imported $117k in Essential Oils, becoming the 164th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 420th most imported product in Grenada. Grenada imports Essential Oils primarily from: United States ($46.3k), Trinidad and Tobago ($37.8k), United Kingdom ($22.2k), Guyana ($6.24k), and India ($2.63k).

The fastest growing import markets in Essential Oils for Grenada between 2022 and 2023 were Trinidad and Tobago ($22.2k), United Kingdom ($16k), and India ($2.63k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Essential Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.02k
IMPORTS (2023)$117k
NET TRADE (2023)-$116k

In 2023, Grenada exported $1.02k in Essential Oils. The main destinations of Grenada exports on Essential Oils were United States ($1.02k).

In 2023, Grenada imported $117k in Essential Oils, mainly from United States ($46.3k), Trinidad and Tobago ($37.8k), United Kingdom ($22.2k), Guyana ($6.24k), and India ($2.63k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Grenada WERE (2022 - 2023):United States$1.02k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Grenada WERE (2022 - 2023):
Antigua and Barbuda-$220 (-100%)
Saint Vincent and the Grenadines-$36 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Grenada's main exporting competitors in Essential Oils were:
United States $743M
India $657M
France $457M
In 2023, Grenada's main importing competitors in Essential Oils were:
United States $1.12B
France $430M
Ireland $354M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Essential Oils’s highest export potential is N/A. With an export gap of N/A.   Essential Oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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