2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Saint Vincent and the Grenadines-Dominican Republic Trade: In 2023, Saint Vincent and the Grenadines exported $21.4k to Dominican Republic. The main products that Saint Vincent and the Grenadines exported to Dominican Republic were Iron Structures ($7.24k), Aluminium Structures ($6.07k), and Scrap Plastic ($4.78k). Over the past 5 years the exports of Saint Vincent and the Grenadines to Dominican Republic have increased at an annualized rate of 39.5%, from $4.05k in 2018 to $21.4k in 2023.

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

Dominican Republic-Saint Vincent and the Grenadines Trade: In 2023, Dominican Republic exported $8.39M to Saint Vincent and the Grenadines. The main products that Dominican Republic exported to Saint Vincent and the Grenadines were Raw Iron Bars ($1.59M), Mixed Mineral or Chemical Fertilizers ($1.2M), and Cement ($866k). Over the past 5 years the exports of Dominican Republic to Saint Vincent and the Grenadines have increased at an annualized rate of 14.9%,  from $4.18M in 2018 to $8.39M in 2023.

In 2023, Dominican Republic 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), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $21.4k to Dominican Republic. The main products exported from Saint Vincent and the Grenadines to Dominican Republic were Iron Structures ($7.24k), Aluminium Structures ($6.07k), and Scrap Plastic ($4.78k). During the last 5 years the exports of Saint Vincent and the Grenadines to Dominican Republic have increased at an annualized rate of 39.5%, from $4.05k in 2018 to $21.4k in 2023.

In 2018, Dominican Republic exported $8.39M to Saint Vincent and the Grenadines. The main products exported from Dominican Republic to Saint Vincent and the Grenadines were Raw Iron Bars ($1.59M), Mixed Mineral or Chemical Fertilizers ($1.2M), and Cement ($866k). During the last 5 years the exports of Dominican Republic to Saint Vincent and the Grenadines have increased at an annualized rate of 14.9%, from $4.18M in 2023 to $8.39M in 2018.

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

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

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and Dominican Republic (Flag)

Saint Vincent and the Grenadines Exports

Dominican Republic Exports

Market Competitiveness

Color

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Dominican Republic included Croatia ($10M), Saint Kitts and Nevis ($5.44M), and Montserrat ($345k).

In 2023, countries that imported more from Dominican Republic than Saint Vincent and the Grenadines included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

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

Comparative Advantage Saint Vincent and the Grenadines - Dominican Republic

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Dominican Republic in the exports of Metals ($13.3k), Plastics and Rubbers ($4.78k), and Paper Goods ($3.29k).

During 2018, Dominican Republic had a large net trade with Saint Vincent and the Grenadines in the exports of Metals ($2.31M), Chemical Products ($1.41M), and Machines ($1.19M).

Economic Complexity

Competitive Landscape

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

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

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