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Exports In 2022, Saint Vincent and the Grenadines exported $28M in Refined Petroleum, making it the 128th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Saint Vincent and the Grenadines. The main destination of Refined Petroleum exports from Saint Vincent and the Grenadines are: Malaysia ($27.8M), United Arab Emirates ($93.1k), Grenada ($61.3k), South Africa ($239), and Netherlands ($123).

The fastest growing export markets for Refined Petroleum of Saint Vincent and the Grenadines between 2021 and 2022 were Malaysia ($27.8M), Grenada ($48k), and Netherlands ($123).

Imports In 2022, Saint Vincent and the Grenadines imported $59.2M in Refined Petroleum, becoming the 189th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Saint Vincent and the Grenadines. Saint Vincent and the Grenadines imports Refined Petroleum primarily from: United States ($39.6M), Turkey ($8.27M), Brazil ($5.29M), China ($1.65M), and Greece ($1.39M).

The fastest growing import markets in Refined Petroleum for Saint Vincent and the Grenadines between 2021 and 2022 were United States ($9.39M), Turkey ($5.58M), and Brazil ($1.79M).

Latest Trends

May 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28M
IMPORTS (2022)$59.2M
NET TRADE (2022)-$31.2M

In 2022, Saint Vincent and the Grenadines exported $28M in Refined Petroleum. The main destinations of Saint Vincent and the Grenadines exports on Refined Petroleum were Malaysia ($27.8M), United Arab Emirates ($93.1k), Grenada ($61.3k), South Africa ($239), and Netherlands ($123).

In 2022, Saint Vincent and the Grenadines imported $59.2M in Refined Petroleum, mainly from United States ($39.6M), Turkey ($8.27M), Brazil ($5.29M), China ($1.65M), and Greece ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Saint Vincent and the Grenadines WERE (2021 - 2022):
Malaysia$27.8M (1%)
Grenada$48k (359%)
Netherlands$123 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Saint Vincent and the Grenadines WERE (2021 - 2022):
United Arab Emirates-$8.76k (-8.6%)
India-$3.69k (-100%)
South Africa-$149 (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Saint Vincent and the Grenadines's main exporting competitors in Refined Petroleum were:
In 2022, Saint Vincent and the Grenadines's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

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