Saint Vincent and the Grenadines (VCT) and Iceland (ISL) Trade

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Pricing

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Top Product $152Other Processed Fruits and Nuts

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Exports $109Rnk 96 / 0

2022

GDP$949MCURRENT US$
Rnk 178 / 186

2012-2022

GDP GROWTH29.9%CURRENT US$
Rnk 101 / 186

2022

GDP$27.8BCURRENT US$
Rnk 107 / 186

2012-2022

GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186

2022

GDP PC $9,125CURRENT US$
Rnk 81 / 186

2012-2022

GDP PC GROWTH35.1%CURRENT US$
Rnk 57 / 186

2022

GDP PC$72,903CURRENT US$
Rnk 9 / 186

2012-2022

GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

Image 1

Image by David Stanley
Link: https://flic.kr/p/2f57ecv

Image 2

Image by Rachel D
Link: https://flic.kr/p/cwN88f

Historical Data
Economic Complexity

About

In N/A, Saint Vincent and the Grenadines did not export any services to Iceland.

Iceland-Saint Vincent and the Grenadines Trade: In N/A, Iceland exported $109 to Saint Vincent and the Grenadines. The main products that Iceland exported to Saint Vincent and the Grenadines were N/A. Over the past N/A years the exports of Iceland to Saint Vincent and the Grenadines have decreased at an annualized rate of 70.2%, from $46.5k in N/A to $109 in N/A.

In N/A, Iceland did not export any services to Saint Vincent and the Grenadines.

Comparison In 2022, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Saint Vincent and the Grenadines does not register exports to Iceland. The main products exported from Saint Vincent and the Grenadines to Iceland were Other Processed Fruits and Nuts ($152), Cassava ($65), and Hard Liquor ($49).

In 2016, Iceland exported $109 to Saint Vincent and the Grenadines. There were not main exports from Iceland to Saint Vincent and the Grenadines in 2016. During the last 5 years the exports of Iceland to Saint Vincent and the Grenadines have decreased at an annualized rate of 70.2%, from $46.5k in 2021 to $109 in 2016.

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

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

Latest Data

Trade between Saint Vincent and the Grenadines () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Saint Vincent and the Grenadines than Iceland included Malaysia ($27.8M), Barbados ($6.84M), and Grenada ($2.78M).

In 2022, countries that imported more from Iceland than Saint Vincent and the Grenadines included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Saint Vincent and the Grenadines - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Iceland had a large net trade with Saint Vincent and the Grenadines in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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

Keep Exploring

Saint Vincent and the Grenadines
Ireland
Saint Vincent and the Grenadines
Italy
United States
Iceland
British Virgin Islands
Iceland

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