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2023
Flag → Flag
Exports $420Rnk 72 / 91
2023
Flag → Flag
Top Product $420Other Rubber Products
2023
Flag → Flag
Exports $999Rnk 147 / 149
2023
Flag → Flag
Top Product $993Coffee
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 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$2,613CURRENT US$
Rnk 145 / 196
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 195

About

Saint Vincent and the Grenadines-Nicaragua Trade: In 2023, Saint Vincent and the Grenadines exported $420 to Nicaragua. The main products that Saint Vincent and the Grenadines exported to Nicaragua were Other Rubber Products ($420). Over the past 7 years the exports of Saint Vincent and the Grenadines to Nicaragua have decreased at an annualized rate of 22.2%, from $2.43k in 2016 to $420 in 2023.

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

Nicaragua-Saint Vincent and the Grenadines Trade: In 2023, Nicaragua exported $999 to Saint Vincent and the Grenadines. The main products that Nicaragua exported to Saint Vincent and the Grenadines were Coffee ($993) and Rubber Pipes ($6). Over the past 7 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 6.29%,  from $4.46k in 2016 to $999 in 2023.

In 2023, Nicaragua 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, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $420 to Nicaragua. The main products exported from Saint Vincent and the Grenadines to Nicaragua were Other Rubber Products ($420). During the last 7 years the exports of Saint Vincent and the Grenadines to Nicaragua have decreased at an annualized rate of 22.2%, from $2.43k in 2016 to $420 in 2023.

In 2018, Nicaragua exported $999 to Saint Vincent and the Grenadines. The main products exported from Nicaragua to Saint Vincent and the Grenadines were Coffee ($993) and Rubber Pipes ($6). During the last 5 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 6.29%, from $4.46k in 2023 to $999 in 2018.

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

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

Market Competitiveness

Color
Saint Vincent and the Grenadines
Top DestinationCroatia$10M
Nicaragua
Top DestinationUnited States$4.38B

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Nicaragua included Croatia ($10M), Barbados ($8.86M), and Saint Lucia ($6.16M).

In 2023, countries that imported more from Nicaragua than Saint Vincent and the Grenadines included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

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

Comparative Advantage Saint Vincent and the Grenadines - Nicaragua

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Nicaragua in the exports of Plastics and Rubbers ($420).

During 2018, Nicaragua had a large net trade with Saint Vincent and the Grenadines in the exports of Vegetable Products ($993) and Plastics and Rubbers ($6).

Economic Complexity

Competitive Landscape

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

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

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