The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Grenada totalled $ 1.34 million in 2023. Sales of commodity group 8703 from Grenada went up by 169% compared to 2022: exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 846 thousand (cumulative exports of commodity group 8703 from Grenada amounted $500 thousand in 2022)
Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 2.92% of total exports from Grenada (cumulative merchandise exports from Grenada totalled $ 46 million in 2023). The share of commodity group 8703 in total exports from Grenada increased by 1.58 p.p. compared to 2022 (it was 1.33% in 2022 and cumulative exports from Grenada were equal to $ 37 million).
Exports of commodity group 8703 amounted to 48% of total sales of group "" from Grenada in 2023 (the value of exports of commodity group from Grenada amounted to $2.78 million in 2023). The share of exports of commodity group 8703 in sales of commodity group from Grenada increased by 5.55 p.p. compared to 2022 (it was 42% in 2022, and exports of commodity group from Grenada were $1.16 million).
Where does Grenada export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?
Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Grenada in 2023:
- Saint Vincent and the Grenadines with a share of 85% (1.15 million US$)
- Japan with a share of 5.97% (80 thousand US$)
- USA with a share of 2.83% (38 thousand US$)
- United Kingdom with a share of 2.46% (33 thousand US$)
- Areas, nes with a share of 1.87% (25 thousand US$)
- Canada - 7.64 thousand US$
- Trinidad and Tobago - 6.78 thousand US$
Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Grenada in 2023 represented by the following main commodity groups:
- 85% (1.14 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 9.15% (123 thousand US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
- 2.83% (38 thousand US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
- 2.03% (27 thousand US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
- 0.503% (6.78 thousand US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
- 0.429% (5.77 thousand US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Grenada totalled $ 21 million in 2023. Sales of commodity group 8703 to Grenada went up by 79% compared to 2022: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 9.35 million (the value of imports of commodity group 8703 to Grenada was equal to $11.7 million in 2022)
Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 3.46% of total import flow to Grenada (in 2023, total imports to Grenada amounted to $ 608 million). The share of commodity group 8703 in total imports to Grenada increased by 1.47 p.p. compared to 2022 (it was 1.99% in 2022 and cumulative imports to Grenada were equal to $ 589 million).
Imports of commodity group 8703 reached 56% of total imports of group "" to Grenada in 2023 (imports of commodity group to Grenada totalled $37 million in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Grenada increased by 13.1 p.p. compared to 2022 (it was 43% in 2022, and imports of commodity group to Grenada accounted for $26 million).
Where does Grenada import Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from?
Top trading partners (import of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars") of Grenada in 2023:
- Japan with a share of 46% (9.89 million US$)
- Korea with a share of 8.05% (1.69 million US$)
- Thailand with a share of 7.56% (1.59 million US$)
- USA with a share of 6.64% (1.4 million US$)
- India with a share of 6.24% (1.31 million US$)
- Indonesia with a share of 5.58% (1.17 million US$)
- Saint Vincent and the Grenadines with a share of 5.39% (1.13 million US$)
- United Kingdom with a share of 3.86% (814 thousand US$)
- Dem. People`s Rep. Korea with a share of 3.84% (811 thousand US$)
- China with a share of 2.2% (464 thousand US$)
Imports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - to Grenada in 2023 represented by the following main commodity groups:
- 50% (10.7 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 32% (6.89 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
- 4.76% (1 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
- 2.64% (556 thousand US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
- 2.44% (514 thousand US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
- 2.38% (503 thousand US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
- 2.3% (485 thousand US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
- 1.81% (382 thousand US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc