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, 163 of 183 | 171 of 181
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.
Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.
*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, $54.2M
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).
Top Import (2020): Passenger and Cargo Ships, $17.2M
Top Origin (2020): United States, $67.8M
In 2020 Saint Vincent and the Grenadines imported $183M, making it the number 201 trade destination in the world. During the last five reported years the imports of Saint Vincent and the Grenadines changed by -$239M from $422M in 2015 to $183M in 2020.
The most recent imports of Saint Vincent and the Grenadines are led by Passenger and Cargo Ships ($17.2M), Poultry Meat ($11.4M), Wheat ($9.61M), Tug Boats ($6.17M), and Refined Petroleum ($4.84M). The most common import partners for Saint Vincent and the Grenadines are United States ($67.8M), Turkey ($16.5M), United Kingdom ($16.3M), Barbados ($12M), and Denmark ($11.3M).
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).
The top product import tariffs by their MFN Ad Valorem value for Saint Vincent and the Grenadines are Beer made from malt (100%)and Beverage waters, sweetened or flavoured (100%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Saint Vincent and the Grenadines are:
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 Office machines, non-calculating (1.06), Sets of hand tools, retail (0.85), Synthetic rubber (0.76), Pulley tackle, hoists, winches, capstans and jacks (0.58), and Aluminium structures, parts nes, for construction (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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