Saint Vincent and the Grenadines2020 Product Exports | Imports: $87.9M | $183M, 194 of 226 | 201 of 226
2020 Per Capita Product Exports | Imports: $792 | $1.65k, 132 of 219 | 118 of 219
2013 Service Exports | Imports : $138M | $82.9M, 164 of 182 | 172 of 180
Overview In 2020 Saint Vincent and the Grenadines was the number 194 economy in the world in terms of total exports and the number 201 in total imports.
Exports The top exports of Saint Vincent and the Grenadines are Petroleum Gas ($54.2M), Recreational Boats ($5.41M), Collector's Items ($5.08M), Passenger and Cargo Ships ($3.85M), and Wheat Flours ($2.57M), exporting mostly to Jordan ($54.2M), Barbados ($6.6M), United States ($5.14M), Switzerland ($5.09M), and Greece ($3.73M).
Imports The top imports of Saint Vincent and the Grenadines are Passenger and Cargo Ships ($17.2M), Poultry Meat ($11.4M), Wheat ($9.61M), Tug Boats ($6.17M), and Refined Petroleum ($4.84M), importing mostly from United States ($67.8M), Turkey ($16.5M), United Kingdom ($16.3M), Barbados ($12M), and Denmark ($11.3M).
Location Saint Vincent and the Grenadines borders Barbados, Grenada, Saint Lucia, Trinidad and Tobago, and Venezuela by sea.
The following section uses the most recent trade data from partners of Saint Vincent and the Grenadines.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
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.
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.
Top Export (2020): Petroleum Gas, $54.2M
Top Destination (2020): Jordan, $67.8M
In 2020, Saint Vincent and the Grenadines exported a total of $87.9M, making it the number 194 exporter in the world. During the last five reported years the exports of Saint Vincent and the Grenadines have changed by -$90.9M from $179M in 2015 to $87.9M in 2020.
The most recent exports are led by Petroleum Gas ($54.2M), Recreational Boats ($5.41M), Collector's Items ($5.08M), Passenger and Cargo Ships ($3.85M), and Wheat Flours ($2.57M). The most common destination for the exports of Saint Vincent and the Grenadines are Jordan ($54.2M), Barbados ($6.6M), United States ($5.14M), Switzerland ($5.09M), and Greece ($3.73M).
Saint Vincent and the Grenadines Exports Services (2013): $138M
Saint Vincent and the Grenadines Imports Services (2013): $82.9M
In 2013, Saint Vincent and the Grenadines exported $138M worth of services. The top services exported by Saint Vincent and the Grenadines in 2013 were Travel ($92.3M), Other business services ($25.4M), Communications services ($9.93M), Air transport ($5.31M), and Sea transport ($2.66M).
The top services imported by Saint Vincent and the Grenadines in 2013 were Sea transport ($37.8M), Travel ($14.2M), Air transport ($10.7M), Other business services ($7.78M), and Government services, n.i.e. ($5.63M).
Saint Vincent and the Grenadines has a high level of specialization in Collector's Items (737), Wheat Flours (103), Recreational Boats (54.2), Petroleum Gas (47.5), and Molluscs (47.2). Specialization is measured using RCA, an index that takes the ratio between Saint Vincent and the Grenadines observed and expected exports in each product.
The highest complexity exports of Saint Vincent and the Grenadines according to the product complexity index (PCI) are Other Office Machines (1.06), Tool Sets (0.85), Synthetic Rubber (0.76), Pulley Systems (0.58), and Aluminium Structures (0.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Saint Vincent and the Grenadines according to the relatedness index, are Gold (0.083), Fish Fillets (0.079), Raw Sugar (0.077), Palm Oil (0.077), and Soap (0.076). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Saint Vincent and the Grenadines is not specialized in.
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.
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.
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