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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
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Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
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GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
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GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$10,016CURRENT US$
Rnk 78 / 186
2012-2022
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GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

About

India-Grenada In 2022, India exported $4.49M to Grenada. The main products that India exported to Grenada are Cars ($1.15M), Other Small Iron Pipes ($369k), and Coated Flat-Rolled Iron ($366k). During the last 27 years the exports of India to Grenada have increased at an annualized rate of 14%, from $131k in 1995 to $4.49M in 2022.

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

Grenada-India 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). During the last 27 years the exports of Grenada to India have increased at an annualized rate of 10.1%, from $92.8k in 1995 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

February, 2024

About

Overview In February 2024, India exported $309k and imported $83.2k from Grenada, resulting in a positive trade balance of $226k. Between February 2023 and February 2024 the exports of India have increased by $189k (157%) from $120k to $309k, while imports increased by $20.9k (33.5%) from $62.3k to $83.2k.

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

Growth In February 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 November 2023, the increase in India's year-by-year imports  from Grenada was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)$189k(157%)
IMPORT GROWTH (November 2022 - November 2023)$20.9k(33.5%)

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.

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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 27 years the exports of India to Grenada have increased at an annualized rate of 14%, from $131k in 1995 to $4.49M in 2022.

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 23 years the exports of Grenada to India have increased at an annualized rate of 10.1%, from $92.8k in 1999 to $1.25M in 2022.

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 2021, countries that imported more from India than Grenada were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Grenada than India were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Grenada. Similarly, the more yellow a dot/product is, the more Grenada has comparative advantage over India.

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

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