Italy (ITA) and Saint Vincent and the Grenadines (VCT) Trade | The Observatory of Economic Complexity

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Italy-Saint Vincent and the Grenadines Trade: In 2023, Italy exported $41.5M to Saint Vincent and the Grenadines. The main products that Italy exported to Saint Vincent and the Grenadines were Recreational Boats ($36.9M), Refined Petroleum ($1.61M), and Other Furniture ($261k). Over the past 5 years the exports of Italy to Saint Vincent and the Grenadines have increased at an annualized rate of 12.6%, from $22.9M in 2018 to $41.5M in 2023.

In 2023, Italy did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Italy Trade: In 2023, Saint Vincent and the Grenadines exported $52.3k to Italy. The main products that Saint Vincent and the Grenadines exported to Italy were Coffee ($46.9k) and Engine Parts ($5.41k). Over the past 5 years the exports of Saint Vincent and the Grenadines to Italy have decreased at an annualized rate of 61.9%, from $6.51M in 2018 to $52.3k in 2023.

In 2023, Saint Vincent and the Grenadines did not export any services to Italy.

Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from Saint Vincent and the Grenadines, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Saint Vincent and the Grenadines were . In N/A the top imports of Italy from Saint Vincent and the Grenadines were .

Growth In N/A, the N/A in Italy's year-by-year exports to Saint Vincent and the Grenadines was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Saint Vincent and the Grenadines was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Italy exported $41.5M to Saint Vincent and the Grenadines. The main products exported from Italy to Saint Vincent and the Grenadines were Recreational Boats ($36.9M), Refined Petroleum ($1.61M), and Other Furniture ($261k). During the last 5 years the exports of Italy to Saint Vincent and the Grenadines have increased at an annualized rate of 12.6%, from $22.9M in 2018 to $41.5M in 2023.

In 2018, Saint Vincent and the Grenadines exported $52.3k to Italy. The main products exported from Saint Vincent and the Grenadines to Italy were Coffee ($46.9k) and Engine Parts ($5.41k). During the last 5 years the exports of Saint Vincent and the Grenadines to Italy have decreased at an annualized rate of 61.9%, from $6.51M in 2023 to $52.3k in 2018.

Exports from Italy () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Italy () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$71.4B

Saint Vincent and the Grenadines
Top DestinationCroatia$10M

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

In 2023, countries that imported more from Italy than Saint Vincent and the Grenadines included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Saint Vincent and the Grenadines than Italy included Saint Lucia ($6.16M), Montserrat ($345k), and Saint Martin ($47.7k).

Difference in imports from Saint Vincent and the Grenadines () and Italy () (2023)

Comparative Advantage Italy - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Italy had a large net trade with Saint Vincent and the Grenadines in the exports of Transportation ($36.9M), Mineral Products ($1.62M), and Machines ($849k).

During 2018, Saint Vincent and the Grenadines had a large net trade with Italy in the exports of Vegetable Products ($46.9k) and Machines ($5.41k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Italy and Saint Vincent and the Grenadines. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Saint Vincent and the Grenadines. Similarly, a dot/product with the flag of Saint Vincent and the Grenadines indicates it has a comparative advantage over Italy.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Italy () (2023)

Market Competitiveness

Difference in imports from Saint Vincent and the Grenadines () and Italy () (2023)

Comparative Advantage Italy - Saint Vincent and the Grenadines

Economic Complexity

Competitive Landscape

Product Space of Italy () and Saint Vincent and the Grenadines () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Italy () (2023)

Market Competitiveness

Difference in imports from Saint Vincent and the Grenadines () and Italy () (2023)

Comparative Advantage Italy - Saint Vincent and the Grenadines

Economic Complexity

Competitive Landscape

Product Space of Italy () and Saint Vincent and the Grenadines () (2023)

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