You don't really want to export using the PropertyGrid. Instead, the grid is a view on a set of data (your image). You want to create another view that's saved to disk instead of displayed on-screen.
PropertyGrid heavily relies on
Reflection[
^]. This way, it can display properties of a wide variety of objects.
Since you're mentioning a given type of data (image), most likely it's easier to write an export specifically for the image class you're using.
Please update your question (using the "Improve question" link) and provide some code that shows what you want to export.
And then there's the "to excel" part. I've never done that. Always got away with one sort of CSV file format or the other.