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2022
Product
Exports | Imports $27.7M | $859M209 of 226 |  189 of 226
2022
Per Capita Product
Exports | Imports $871 | $27k198 of 220 |  14 of 220

About

Overview In 2022 Saint Martin was the number 209 economy in the world in terms of total exports and the number 189 in total imports.

Exports The top exports of Saint Martin are Gas Turbines ($8.39M), Scrap Iron ($3.71M), Jewellery ($2.97M), Coconuts, Brazil Nuts, and Cashews ($1.6M), and Flavored Water ($652k), exporting mostly to France ($11.2M), Antigua and Barbuda ($4.86M), United States ($3.69M), Morocco ($2.47M), and United Kingdom ($1.83M).

Imports The top imports of Saint Martin are Refined Petroleum ($183M), Jewellery ($133M), Pearl Products ($51.2M), Diamonds ($37.1M), and Cars ($20.3M), importing mostly from United States ($660M), Netherlands ($58.1M), France ($38.3M), Trinidad and Tobago ($16.1M), and Switzerland ($15.3M).

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Saint Martin.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Gas Turbines$8.39M
Top Destination (2022)France$11.2M

In 2022, Saint Martin exported a total of $27.7M, making it the number 209 exporter in the world. During the last five reported years the exports of Saint Martin have changed by -$4.1M from $31.8M in 2017 to $27.7M in 2022.

The most recent exports are led by Gas Turbines ($8.39M), Scrap Iron ($3.71M), Jewellery ($2.97M), Coconuts, Brazil Nuts, and Cashews ($1.6M), and Flavored Water ($652k). The most common destination for the exports of Saint Martin are France ($11.2M), Antigua and Barbuda ($4.86M), United States ($3.69M), Morocco ($2.47M), and United Kingdom ($1.83M).

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Exports (2022)
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Destinations (2022)
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Market Growth

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Growth
Fastest Growing Export Markets (2021 - 2022)
France$7.06M (+ 169%)
United Kingdom$1.75M (+ 2.24k%)
United States$1.48M (+ 66.5%)
Fastest Growing Import Markets (2021 - 2022)
United States$314M (+ 91%)
Trinidad and Tobago$6.42M (+ 66.7%)
Brazil$4.28M (+ 42.6%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Economic Complexity

Most Specialized Products by RCA Index

Saint Martin has a high level of specialization in Other Floating Structures (347), Coconuts, Brazil Nuts, and Cashews (132), Scrap Iron (60.5), Gas Turbines (47.7), and Preserved Vegetables (41.5). Specialization is measured using RCA, an index that takes the ratio between Saint Martin observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Saint Martin according to the product complexity index (PCI) are Machine-tools; for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal,... (1.52), Chain and parts thereof, of iron or steel (1.5), Tools, hand; (including glaziers' diamonds) n.e.c.; blow lamps; vices, clamps etc, other... (1.5), Reagents; diagnostic or laboratory reagents on a backing and prepared diagnostic or... (1.45), and Navigational instruments and appliances; direction finding compasses (1.45). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Saint Martin according to the relatedness index, were Scrap Lead (0.14), Recovered Paper (0.14), Paper Containers (0.14), Passenger and Cargo Ships (0.14), and Documents of title (bonds etc) and unused stamps (0.14). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Saint Martin is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Saint Martin. These are products that tend to be co-exported with the products that Saint Martin exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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