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2023
Flag → Flag
Exports $8.86MRnk 2 / 91
2023
Flag → Flag
Top Product $1.75MWheat Flours
2023
Flag → Flag
Exports $10.9MRnk 9 / 139
2023
Flag → Flag
Top Product $1.72MPackaged Medicaments
2023
Flag  
GDP$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH48.8%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Saint Vincent and the Grenadines-Barbados Trade: In 2023, Saint Vincent and the Grenadines exported $8.86M to Barbados. The main products that Saint Vincent and the Grenadines exported to Barbados were Wheat Flours ($1.75M), Other Construction Vehicles ($1.51M), and Animal Food ($1.34M). Over the past 5 years the exports of Saint Vincent and the Grenadines to Barbados have increased at an annualized rate of 5.34%, from $6.83M in 2018 to $8.86M in 2023.

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

Barbados-Saint Vincent and the Grenadines Trade: In 2023, Barbados exported $10.9M to Saint Vincent and the Grenadines. The main products that Barbados exported to Saint Vincent and the Grenadines were Packaged Medicaments ($1.72M), Margarine ($1.23M), and Flavored Water ($462k). Over the past 5 years the exports of Barbados to Saint Vincent and the Grenadines have decreased at an annualized rate of 0.3%,  from $11.4M in 2018 to $10.9M in 2023.

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

Comparison In 2023,  Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $8.86M to Barbados. The main products exported from Saint Vincent and the Grenadines to Barbados were Wheat Flours ($1.75M), Other Construction Vehicles ($1.51M), and Animal Food ($1.34M). During the last 5 years the exports of Saint Vincent and the Grenadines to Barbados have increased at an annualized rate of 5.34%, from $6.83M in 2018 to $8.86M in 2023.

In 2018, Barbados exported $10.9M to Saint Vincent and the Grenadines. The main products exported from Barbados to Saint Vincent and the Grenadines were Packaged Medicaments ($1.72M), Margarine ($1.23M), and Flavored Water ($462k). During the last 5 years the exports of Barbados to Saint Vincent and the Grenadines have decreased at an annualized rate of 0.3%, from $11.4M in 2023 to $10.9M in 2018.

Exports from Saint Vincent and the Grenadines (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and Barbados (Flag)

Saint Vincent and the Grenadines Exports

Barbados Exports

Market Competitiveness

Color
Saint Vincent and the Grenadines
Top DestinationCroatia$10M
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Barbados included Croatia ($10M), Belgium ($560k), and Singapore ($505k).

In 2023, countries that imported more from Barbados than Saint Vincent and the Grenadines included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

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

Comparative Advantage Saint Vincent and the Grenadines - Barbados

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Barbados in the exports of Foodstuffs ($2.85M), Vegetable Products ($2.48M), and Machines ($2.08M).

During 2018, Barbados had a large net trade with Saint Vincent and the Grenadines in the exports of Chemical Products ($3.31M), Foodstuffs ($1.79M), and Animal and Vegetable Bi-Products ($1.49M).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Vincent and the Grenadines (Flag) and Barbados (Flag) (2023)

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