China (CHN) and Saint Vincent and the Grenadines (VCT) Trade | The Observatory of Economic Complexity

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China (CHN) and Saint Vincent and the Grenadines (VCT) Trade

2022

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Exports $21.6MRnk 198 / 211

2022

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About

China-Saint Vincent and the Grenadines In 2022, China exported $21.6M to Saint Vincent and the Grenadines. The main products that China exported to Saint Vincent and the Grenadines are Electric Batteries ($1.8M), Refined Petroleum ($1.65M), and Rubber Tires ($1.01M). During the last 27 years the exports of China to Saint Vincent and the Grenadines have increased at an annualized rate of 7.5%, from $3.07M in 1995 to $21.6M in 2022.

In 2022, China did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-China In 2022, Saint Vincent and the Grenadines exported $3.24k to China. The main products that Saint Vincent and the Grenadines exported to China were Non-Knit Men's Suits ($2.2k), Knit T-shirts ($634), and Integrated Circuits ($284). During the last 27 years the exports of Saint Vincent and the Grenadines to China have decreased at an annualized rate of 14.9%, from $250k in 1995 to $3.24k in 2022.

In 2022, Saint Vincent and the Grenadines did not export any services to China.

Comparison In 2022, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, China exported $1.44M and imported $123 from Saint Vincent and the Grenadines, resulting in a positive trade balance of $1.44M. Between February 2023 and February 2024 the exports of China have increased by $529k (58.2%) from $909k to $1.44M, while imports decreased by $-17 (-12.1%) from $140 to $123.

Trade In February 2024, the top exports of China to Saint Vincent and the Grenadines were Machinery parts, not containing electrical connectors,... ($700k), Refined Petroleum ($344k), Rubber Tires ($182k), Other Plastic Sheetings ($114k), and Plastic Lids ($51.6k). In February 2024 the top imports of China from Saint Vincent and the Grenadines were Knit T-shirts ($222) and Integrated Circuits ($42).

Origins In February 2024 the exports of China were mainly from Shandong Province ($398k), Fujian Province ($285k), Shanghai Province ($221k), Zhejiang Province ($192k), and Guangdong Province ($179k), while imports destinations were mainly Guangdong Province ($123).

Growth In February 2024, the increase in China's year-by-year exports to Saint Vincent and the Grenadines was explained primarily by an increase in product exports in Other Plastic Sheetings ($85.4k or 296%), Electric Heaters ($48.5k or 5.88k%), and Rubber Tires ($37.5k or 25.9%). In February 2024, the decrease in China's year-by-year imports from Saint Vincent and the Grenadines was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$529k(58.2%)

IMPORT GROWTH (February 2023 - February 2024)$-17(-12.1%)

MAIN EXPORTER (February 2024)Shandong Province$398k

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Saint Vincent and the Grenadines and China trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, China exported $21.6M to Saint Vincent and the Grenadines. The main products exported from China to Saint Vincent and the Grenadines were Electric Batteries ($1.8M), Refined Petroleum ($1.65M), and Rubber Tires ($1.01M). During the last 27 years the exports of China to Saint Vincent and the Grenadines have increased at an annualized rate of 7.5%, from $3.07M in 1995 to $21.6M in 2022.

In 2022, Saint Vincent and the Grenadines exported $3.24k to China. The main products exported from Saint Vincent and the Grenadines to China were Non-Knit Men's Suits ($2.2k), Knit T-shirts ($634), and Integrated Circuits ($284). During the last 25 years the exports of Saint Vincent and the Grenadines to China have decreased at an annualized rate of 14.9%, from $250k in 1997 to $3.24k in 2022.

Exports from China () to Saint Vincent and the Grenadines () (2022)

Exports from Saint Vincent and the Grenadines () to China () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

China
Top DestinationN/AN/A

Saint Vincent and the Grenadines
Top DestinationN/AN/A

This map shows whether countries import more from China or Saint Vincent and the Grenadines. Each country is colored based on the difference in imports they receive from China and Saint Vincent and the Grenadines or the difference in the growth in imports.

N/A

Difference in imports from Saint Vincent and the Grenadines () and China () (2022)

Comparative Advantage China - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between China and Saint Vincent and the Grenadines by product, considering products traded by both, China and Saint Vincent and the Grenadines.

During 2022, China had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($7.87M), Metals ($3.57M), and Plastics and Rubbers ($2.65M).

During 2022, Saint Vincent and the Grenadines had a large net trade with China in the exports of Textiles ($2.93k), Machines ($284), and Metals ($25).

Economic Complexity

Competitive Landscape

Year

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 China has comparative advantage over Saint Vincent and the Grenadines. Similarly, the more yellow a dot/product is, the more Saint Vincent and the Grenadines has comparative advantage over China.

Product Space of China () and Saint Vincent and the Grenadines () (2022)

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