2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 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
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Saint Vincent and the Grenadines-South Korea Trade: In 2022, Saint Vincent and the Grenadines exported $1.17M to South Korea. The main products that Saint Vincent and the Grenadines exported to South Korea were N/A. Over the past 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 184%, from $6.33k in 2017 to $1.17M in 2022.

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

South Korea-Saint Vincent and the Grenadines Trade: In 2022, South Korea exported $1.31M to Saint Vincent and the Grenadines. The main products that South Korea exported to Saint Vincent and the Grenadines were Large Construction Vehicles ($540k), Cars ($403k), and Electric Batteries ($175k). Over the past 5 years the exports of South Korea to Saint Vincent and the Grenadines have decreased at an annualized rate of 15.1%,  from $2.97M in 2017 to $1.31M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Vincent and the Grenadines exported $1.17M to South Korea. There were not main exports from Saint Vincent and the Grenadines to South Korea in 2022. During the last 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 184%, from $6.33k in 2017 to $1.17M in 2022.

In 2018, South Korea exported $1.31M to Saint Vincent and the Grenadines. The main products exported from South Korea to Saint Vincent and the Grenadines were Large Construction Vehicles ($540k), Cars ($403k), and Electric Batteries ($175k). During the last 5 years the exports of South Korea to Saint Vincent and the Grenadines have decreased at an annualized rate of 15.1%, from $2.97M in 2023 to $1.31M in 2018.

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

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

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than South Korea included Saint Lucia ($6.16M), Saint Kitts and Nevis ($5.44M), and Dominica ($5.35M).

In 2023, countries that imported more from South Korea than Saint Vincent and the Grenadines included China ($162B), United States ($118B), and Hong Kong ($28.8B).

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

Comparative Advantage Saint Vincent and the Grenadines - South Korea

Flow
Scale

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

During 2022, Saint Vincent and the Grenadines had a large net trade with South Korea in the exports of .

During 2018, South Korea had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($723k), Transportation ($468k), and Instruments ($50.8k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with