Venezuela (VEN) and Saint Vincent and the Grenadines (VCT) Trade

About

Venezuela-Saint Vincent and the Grenadines Trade: In 2021, Venezuela exported $1.05k to Saint Vincent and the Grenadines. The main products that Venezuela exported to Saint Vincent and the Grenadines were N/A. Over the past 6 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 77.7%, from $8.51M in 2015 to $1.05k in 2021.

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

Saint Vincent and the Grenadines-Venezuela Trade: In 2021, Saint Vincent and the Grenadines exported $1.51k to Venezuela. The main products that Saint Vincent and the Grenadines exported to Venezuela were N/A. Over the past 6 years the exports of Saint Vincent and the Grenadines to Venezuela have decreased at an annualized rate of 36.3%, from $215k in 2015 to $1.51k in 2021.

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

Comparison In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Venezuela exported $1.05k to Saint Vincent and the Grenadines. There were not main exports from Venezuela to Saint Vincent and the Grenadines in 2021. During the last 6 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 77.7%, from $8.51M in 2015 to $1.05k in 2021.

In 2012, Saint Vincent and the Grenadines exported $1.51k to Venezuela. There were not main exports from Saint Vincent and the Grenadines to Venezuela in 2012. During the last 5 years the exports of Saint Vincent and the Grenadines to Venezuela have decreased at an annualized rate of 36.3%, from $215k in 2017 to $1.51k in 2012.

Exports from Venezuela () to Saint Vincent and the Grenadines () (2021)

Exports from Saint Vincent and the Grenadines () to Venezuela () (2021)

Latest Data

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

Saint Vincent and the Grenadines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

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 2022, countries that imported more from Venezuela than Saint Vincent and the Grenadines included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Saint Vincent and the Grenadines than Venezuela included Barbados ($6.84M), Greece ($7.79M), and Malaysia ($27.8M).

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

Comparative Advantage Venezuela - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2012, Saint Vincent and the Grenadines had a large net trade with Venezuela in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Venezuela Saint Vincent and the Grenadines+N/AN/A

Top Product Potential Saint Vincent and the Grenadines Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Saint Vincent and the Grenadines () (2021)

Exports from Saint Vincent and the Grenadines () to Venezuela () (2021)

Latest Data

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

Saint Vincent and the Grenadines Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Saint Vincent and the Grenadines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Saint Vincent and the Grenadines () (2021)

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