2022
Flag  
GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
 GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 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
$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH
61.2%CURRENT US$
Rnk 26 / 186

About

Saint Vincent and the Grenadines-Panama Trade: In 2021, Saint Vincent and the Grenadines exported $9.17k to Panama. The main products that Saint Vincent and the Grenadines exported to Panama were N/A. Over the past 11 years the exports of Saint Vincent and the Grenadines to Panama have increased at an annualized rate of 37.4%, from $278 in 2010 to $9.17k in 2021.

In 2021, Saint Vincent and the Grenadines did not export any services to Panama.

Panama-Saint Vincent and the Grenadines Trade: In 2021, Panama exported $49.9k to Saint Vincent and the Grenadines. The main products that Panama exported to Saint Vincent and the Grenadines were Refined Petroleum ($47.4k) and Molasses ($2.46k). Over the past 11 years the exports of Panama to Saint Vincent and the Grenadines have decreased at an annualized rate of 57.3%,  from $3.53M in 2010 to $49.9k in 2021.

In 2021, Panama 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, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Saint Vincent and the Grenadines exported $9.17k to Panama. There were not main exports from Saint Vincent and the Grenadines to Panama in 2021. During the last 11 years the exports of Saint Vincent and the Grenadines to Panama have increased at an annualized rate of 37.4%, from $278 in 2010 to $9.17k in 2021.

In 2017, Panama exported $49.9k to Saint Vincent and the Grenadines. The main products exported from Panama to Saint Vincent and the Grenadines were Refined Petroleum ($47.4k) and Molasses ($2.46k). During the last 5 years the exports of Panama to Saint Vincent and the Grenadines have decreased at an annualized rate of 57.3%, from $3.53M in 2022 to $49.9k in 2017.

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

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

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and Panama (Flag)

Saint Vincent and the Grenadines Exports

Panama Exports

Market Competitiveness

Color
Panama
Top Destination
China$1.14B

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

In 2022, countries that imported more from Saint Vincent and the Grenadines than Panama included Malaysia ($27.8M), Greece ($7.79M), and Croatia ($2.7M).

In 2022, countries that imported more from Panama than Saint Vincent and the Grenadines included China ($1.14B), Japan ($785M), and South Korea ($539M).

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

Comparative Advantage Saint Vincent and the Grenadines - Panama

Flow
Scale

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

During 2021, Saint Vincent and the Grenadines had a large net trade with Panama in the exports of .

During 2017, Panama had a large net trade with Saint Vincent and the Grenadines in the exports of Mineral Products ($47.4k) and Foodstuffs ($2.46k).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Vincent and the Grenadines (Flag) and Panama (Flag) (2022)

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