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2023
Flag → Flag
Exports $4.27MRnk 184 / 220
2023
Flag → Flag
Top Product $1.33MCars
2023
Flag → Flag
Exports $2.34MRnk 7 / 96
2023
Flag → Flag
Top Product $1.14MNutmeg, mace and cardamons
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH56.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$11,246CURRENT US$
Rnk 86 / 196
2013-2023
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GDP PC GROWTH51.5%CURRENT US$
Rnk 46 / 195

About

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.

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.

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

Latest Trends

November, 2024

About

Overview In November 2024, India exported $566k and imported $45k from Grenada, resulting in a positive trade balance of $521k. Between November 2023 and November 2024 the exports of India have increased by $271k (91.7%) from $295k to $566k, while imports decreased by $-262k (-85.4%) from $307k to $45k.

Trade In November 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 November 2024 the top imports of India from Grenada were .

Growth In November 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 October 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 (November 2023 - November 2024)$271k(91.7%)
IMPORT GROWTH (October 2023 - October 2024)$-262k(-85.4%)

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 2023, 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 2018 to $4.27M in 2023.

In 2018, 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 2023 to $2.34M in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Grenada
Top DestinationUnited States$13.8M

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

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

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

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 2023, India had a large net trade with Grenada in the exports of Transportation ($1.41M), Metals ($747k), and Chemical Products ($603k).

During 2018, Grenada had a large net trade with India in the exports of Vegetable Products ($1.14M), Metals ($709k), and Chemical Products ($486k).

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) (2023)

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