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

British Virgin Islands-Saint Vincent and the Grenadines Trade: In 2023, British Virgin Islands exported $244k to Saint Vincent and the Grenadines. The main products that British Virgin Islands exported to Saint Vincent and the Grenadines were Other Edible Preparations ($61.2k), Spark-Ignition Engines ($56.5k), and Hand-Woven Rugs ($39.8k). Over the past 5 years the exports of British Virgin Islands to Saint Vincent and the Grenadines have decreased at an annualized rate of 1.57%, from $264k in 2018 to $244k in 2023.

In 2023, British Virgin Islands did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-British Virgin Islands Trade: In 2023, Saint Vincent and the Grenadines exported $550k to British Virgin Islands. The main products that Saint Vincent and the Grenadines exported to British Virgin Islands were Aluminium Structures ($165k), Hard Liquor ($65.4k), and Water ($61.4k). Over the past 5 years the exports of Saint Vincent and the Grenadines to British Virgin Islands have decreased at an annualized rate of 22.1%,  from $1.92M in 2018 to $550k in 2023.

In 2023, Saint Vincent and the Grenadines did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $244k to Saint Vincent and the Grenadines. The main products exported from British Virgin Islands to Saint Vincent and the Grenadines were Other Edible Preparations ($61.2k), Spark-Ignition Engines ($56.5k), and Hand-Woven Rugs ($39.8k). During the last 5 years the exports of British Virgin Islands to Saint Vincent and the Grenadines have decreased at an annualized rate of 1.57%, from $264k in 2018 to $244k in 2023.

In 2018, Saint Vincent and the Grenadines exported $550k to British Virgin Islands. The main products exported from Saint Vincent and the Grenadines to British Virgin Islands were Aluminium Structures ($165k), Hard Liquor ($65.4k), and Water ($61.4k). During the last 5 years the exports of Saint Vincent and the Grenadines to British Virgin Islands have decreased at an annualized rate of 22.1%, from $1.92M in 2023 to $550k in 2018.

Exports from British Virgin Islands (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Exports from Saint Vincent and the Grenadines (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

Trade between British Virgin Islands (Flag) and Saint Vincent and the Grenadines (Flag)

Saint Vincent and the Grenadines Exports

Market Competitiveness

Color

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

In 2023, countries that imported more from British Virgin Islands than Saint Vincent and the Grenadines included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

In 2023, countries that imported more from Saint Vincent and the Grenadines than British Virgin Islands included Croatia ($10M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

Difference in imports from Saint Vincent and the Grenadines (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Saint Vincent and the Grenadines

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($88.9k), Foodstuffs ($61.6k), and Textiles ($52.7k).

During 2018, Saint Vincent and the Grenadines had a large net trade with British Virgin Islands in the exports of Foodstuffs ($208k), Metals ($196k), and Vegetable Products ($98.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of British Virgin Islands and Saint Vincent and the Grenadines. This means that a dot/product with the flag of British Virgin Islands 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 British Virgin Islands.

Product Space of British Virgin Islands (Flag) and Saint Vincent and the Grenadines (Flag) (2023)

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