2022
Flag  
GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC 
$9,125CURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP PC GROWTH
35.1%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Saint Vincent and the Grenadines-Nicaragua Trade: In 2022, Saint Vincent and the Grenadines exported $28.6k to Nicaragua. The main products that Saint Vincent and the Grenadines exported to Nicaragua were Synthetic Filament Yarn Woven Fabric ($28.6k). Over the past 9 years the exports of Saint Vincent and the Grenadines to Nicaragua have increased at an annualized rate of 5.57%, from $17.6k in 2013 to $28.6k in 2022.

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

Nicaragua-Saint Vincent and the Grenadines Trade: In 2022, Nicaragua exported $2.04k to Saint Vincent and the Grenadines. The main products that Nicaragua exported to Saint Vincent and the Grenadines were N/A. Over the past 9 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.02%,  from $2.5k in 2013 to $2.04k in 2022.

In 2022, Nicaragua 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), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Vincent and the Grenadines exported $28.6k to Nicaragua. The main products exported from Saint Vincent and the Grenadines to Nicaragua were Synthetic Filament Yarn Woven Fabric ($28.6k). During the last 9 years the exports of Saint Vincent and the Grenadines to Nicaragua have increased at an annualized rate of 5.57%, from $17.6k in 2013 to $28.6k in 2022.

In 2016, Nicaragua exported $2.04k to Saint Vincent and the Grenadines. There were not main exports from Nicaragua to Saint Vincent and the Grenadines in 2016. During the last 5 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.02%, from $2.5k in 2021 to $2.04k in 2016.

Exports from Saint Vincent and the Grenadines (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Saint Vincent and the Grenadines (Flag) (2022)

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B

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 2022, countries that imported more from Saint Vincent and the Grenadines than Nicaragua included Malaysia ($27.8M), Barbados ($6.84M), and Antigua and Barbuda ($3.5M).

In 2022, countries that imported more from Nicaragua than Saint Vincent and the Grenadines included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

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 2022, Saint Vincent and the Grenadines had a large net trade with Nicaragua in the exports of Textiles ($28.6k).

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

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) (2022)

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