2023
Flag
 GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC
$10,520CURRENT US$
Rnk 88 / 196
2013-2023
Flag
GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195

About

Venezuela-Saint Vincent and the Grenadines Trade: In 2023, Venezuela exported $2.84k to Saint Vincent and the Grenadines. The main products that Venezuela exported to Saint Vincent and the Grenadines were Paper Containers ($2.68k) and Hard Liquor ($161). Over the past 6 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 68.3%, from $2.77M in 2017 to $2.84k in 2023.

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

Saint Vincent and the Grenadines-Venezuela In N/A, Saint Vincent and the Grenadines did not export any products to Venezuela.

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

Comparison In 2023,  Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82),  and 113 in total exports ($7.63B). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Venezuela exported $2.84k to Saint Vincent and the Grenadines. The main products exported from Venezuela to Saint Vincent and the Grenadines were Paper Containers ($2.68k) and Hard Liquor ($161). During the last 6 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 68.3%, from $2.77M in 2017 to $2.84k in 2023.

Saint Vincent and the Grenadines does not register exports to Venezuela. The main products exported from Saint Vincent and the Grenadines to Venezuela were Other Plastic Products ($679).

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

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

Latest Data

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

Saint Vincent and the Grenadines Exports

Market Competitiveness

Color
Venezuela
Top Destination
United States$3.81B

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

In 2023, countries that imported more from Venezuela than Saint Vincent and the Grenadines included United States ($3.81B), China ($739M), and Spain ($670M).

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

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

Comparative Advantage Venezuela - Saint Vincent and the Grenadines

Flow
Scale

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

During 2023, Venezuela had a large net trade with Saint Vincent and the Grenadines in the exports of Paper Goods ($2.68k) and Foodstuffs ($161).

Economic Complexity

Competitive Landscape

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

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

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