A. Economic and Commercial Relations between India and Trinidad and Tobago

1. The relations between India and Trinidad and Tobago date back to May 30, 1845 when the first ship ‘Fatel Razak’ carrying 225 Indentured Immigrants from India reached the shores Trinidad and Tobago (T&T). T&T, with its oil and gas resources, has a GDP of USD 26.84 billion and a per capita income of USD 18,620 (2025-26). Based on its economically influential role in the region and supported by regional and bilateral preferential trade agreements, the country provides good opportunities to exporters from India to access the Caribbean region and beyond.

2. The bilateral trade between India and T&T has grown significantly from the lows of COVID pandemic. In FY 2025-26, India’s exports registered a growth of 23.6% from the figures of the last FY with a positive trade balance for India, though there was a significant decline in the imports from T&T (46.34%) which led to overall decline in the trade in the FY. Major items of India’s exports to Trinidad & Tobago are: Vehicles, Rolling Stock, Parts and Accessories; Iron and Steel; Pharmaceutical Products; Plastic and Articles etc. Major items of India’s Imports from T&Tare: Mineral Fuels, Mineral Oils and Products of their Distillation; Bituminous Substances; Mineral Waxes; Iron and Steel; Ores, Slag & Ash; Aluminum etc.

3. India - T&T Bilateral Trade in the last five years:

[Source: Department of Commerce, Govt of India]

4. Top 5 items of India’s Exports to T&T during FY 2025-26 in USD Millions:

i.  Vehicles other than Railway or Tramway, Rolling Stock, Parts and Accessories – 63.07
ii.  Pharmaceutical Products – 17.46
iii.  Plastic and Articles Thereof – 10.94
iv.  Iron and Steel – 9.24
v.  Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof – 6.21

5. Top 5 items of India’s Imports from T&T during FY 2025-26 in USD Millions:

i.  Mineral Fuels, Mineral Oils and Products of their Distillation; Bituminous Substances; Mineral Waxes – 98.96
ii.  Iron and Steel – 8.42
iii.  Organic Chemicals – 7.28
iv.  Aluminium and Articles Thereof – 2.22
v.  Pulp of Wood or of other Fibrous Cellulosic Material; Waste and Scrap of Paper or Paper board – 0.79

6. The focus sectors for promotion of bilateral trade between India and Trinidad and Tobago presently identified by the Mission are as follows:

(i)  Information Technology & Information Technology Enabled Services
(ii)  Pharmaceuticals
(iii)  Agriculture & Agro- Biotechnology
(iv)  New Energy (Wind & Solar)
(v)  Tourism including Medical Tourism
(vi)  Textiles and Garments
(vii)  Higher Educatio
(viii)  Automobiles
(ix)  Ayurveda and Wellness
(x)  Films, Music & Entertainment

7. A 24-member delegation of T&T Manufacturing Association (TTMA) paid a visit to India from April 17-28, 2026 and had meetings with ASSOCHAM and PHD Chamber Of Commerce and Industry and other trade bodies in New Delhi and Mumbai.

8. The Mission has been organizing events in collaboration with local Business Chambers and other trade bodies of T&T from time-to-time. This includes a trade promotion event with Chaguanas Chamber of Industry & Commerce on March 19, 2025, exploring pharmaceutical opportunities with PHARMEXCIL, TPCI, and FIEO; a business interaction with Greater San Fernando Chamber on August 9, 2025 to explore opportunities to boost bilateral economic and commercial engagement; an event on ‘Exploring Opportunities in Agriculture and Food Processing Sectors in India” on Dec 9, 2025 that was graced by Minister of Agriculture and Fisheries of T&T Mr Ravi Rattiram.

9. Mission actively participated in the Trade and Investment Convention (TIC) 2026, the flagship trade exhibition hosted by Trinidad and Tobago Manufacturers Association (TTMA). Hon’ble Satyakama Maharaj, Minister of Trade, Investment & Tourism and Dr. Colin Neil Gosine, Parliamentary Secretary in the Ministry visited the Mission’s booth, “Exploring the Essence of Incredible India” and appreciated efforts of encouraging people to explore India as a rich cultural and touristic diversity.

10. Trinidad and Tobago has continued to deepen its ties with India through the signature of two (2) investment treaties, namely;

•  The Reciprocal Promotion and Protection of Investments Agreement, also referred to as the Bilateral Investment Treaty (BIT) which was signed and entered into force in 2007 for an initial duration of 10 years;

•  The Double Taxation Avoidance Agreement which is currently in place and allows for the removal of tax barriers to facilitate cross border trade

11. Adoption of UPI in T&T: NPCI International Payments Limited (NIPL) of India exchanged an Agreement with the Ministry of Digital Transformation of T&T on Sep 26, 2024 for developing a real-time and efficient Payments Platform similar to India’s flagship Unified Payments Interface (UPI). T&T is the first country in the Caribbean region to adopt the UPI platform. The process of rolling out the UPI is currently underway.

12. Presently, there are no specific non-tariff barriers for imports/exports of goods of Indian origin into the country. However, there are strict approval criteria for import of pharmaceutical products. Potential investors from India are advised not to see T & T as a small market but to factor in the large CARICOM market and the extended market of Americas. Trade bodies of both countries are advised to encourage participation in each other`s trade fairs, business seminars, conclaves, etc.

B. Economic and Commercial Relations between India and Grenada

1. The relationship between India and Grenada goes back to May 1, 1857 when the first ship ‘Maidstone’ carrying 287 Indian indentured workers reached the shores of Grenada. About 3,200 Indians arrived in Grenada between 1857 and 1885. There are over 12,000 Indo-Grenadians, which is around 11% of Grenada's population.

2. The bilateral trade between India and Grenada has grown steadily over the years. In the last FY, India’s exports to Grenada in FY 2025-26 registered an impressive 31.94% growth over the last FY. Total trade between the two countries grew by 39.6% during the period.

3. India - Grenada Bilateral Trade in the last five years:

4. Top 5 items of India’s Exports to Grenada during FY 2025-26 in USD Millions:

I.  Vehicles other than Railway or Tramway, Rolling Stock, Parts and Accessories – 1.44
II.  Pharmaceutical Products – 0.90
III.  Articles of Iron and Steel – 0.60
IV.  Iron and Steel – 0.35
V.  Articles of Apparel and Clothing Accessories, Knitted or Crocheted – 0.40

5. Top 5 items of India’s Imports from Grenada during FY 2025-26 in USD Millions:

I.  Coffee, Tea, Mate and Spices – 0.60
II.  Electrical Machinery and Equipment – 0.10
III.  Iron and Steel – 0.04

C. Economic and Commercial Relations between India and Dominica

1. India enjoys traditionally friendly and warm relations with Commonwealth of Dominica since the establishment of diplomatic ties in 1981. The bilateral trade between India and Dominica has grown steadily over the years. In the last FY, India’s exports to Dominica in FY 2025-26 registered a 17.48% growth over the last FY. Total trade between the two countries grew by 13.6% during the period.

2. India - Dominica Bilateral Trade in the last five years:

3. Top 5 items of India’s Exports to Dominica during FY 2025-26 in USD millions:

I.  Electrical Machinery and Equipment – 3.86
II.  Vehicles other than Railway or Tramway Rolling Stock and Parts and Accessories Thereof – 0.80
III.  Articles of Iron and Steel – 0.67
IV.  Pharmaceutical Products – 0.58
V.  Furniture, Bedding, Mattresses, and Lamps and Lighting Fittings – 0.48

4. Top 5 items of India’s Imports from Dominica during FY 2025-26 in USD millions:

I.  Zinc and Articles Thereof – 0.09
II.  Electrical Machinery and Equipment – 0.04
III.  Furniture, Bedding, Mattresses, and Lamps and Lighting Fittings – 0.04
IV.  Pulp of Wood or of other Fibrous Cellulosic Material; Waste and Scrap of Paper or Paper board – 0.01
V.  Optical Photographic Cinetomatographic Measuring Checking Precision, Medical or Surgical Apparatus – 0.01

5. In 2024, M/S Kalpataru Projects International Limited (KPIL) has been awarded a US$ 38.9 million contract to build the power transmission and substation infrastructure for Dominica's first-ever geothermal power plant. About 70-80 employees of the company are currently deployed on the project site.

***

10 July 2026