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Overview In 2021 Saint Vincent and the Grenadines was the number 195 economy in the world in terms of total exports and the number 188 in total imports.

Exports The top exports of Saint Vincent and the Grenadines are Recreational Boats ($45.2M), Special Purpose Ships ($15.3M), Passenger and Cargo Ships ($11.6M), Wheat Flours ($9.07M), and Animal Food ($5.12M), exporting mostly to Netherlands ($54.7M), India ($10.9M), United States ($6.93M), Barbados ($5.95M), and Greece ($5.74M).

Imports The top imports of Saint Vincent and the Grenadines are Special Purpose Ships ($93.5M), Refined Petroleum ($65.9M), Planes, Helicopters, and/or Spacecraft ($12.8M), Poultry Meat ($12.3M), and Packaged Medicaments ($11.5M), importing mostly from United States ($156M), Netherlands ($80.4M), Trinidad and Tobago ($54.2M), China ($45.1M), and France ($25.3M).

Location Saint Vincent and the Grenadines borders Barbados, Grenada, Saint Lucia, Trinidad and Tobago, and Venezuela by sea.

Latest Trends

Latest Trade

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Y-AXIS SCALE

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.

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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.

Subscribe today to OEC pro and access the latest data

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Subscribe today to OEC pro and access the latest data

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Recreational Boats$45.2M
Top Destination (2021)Netherlands$54.7M

In 2021, Saint Vincent and the Grenadines exported a total of $122M, making it the number 195 exporter in the world. During the last five reported years the exports of Saint Vincent and the Grenadines have changed by -$226M from $347M in 2016 to $122M in 2021.

The most recent exports are led by Recreational Boats ($45.2M), Special Purpose Ships ($15.3M), Passenger and Cargo Ships ($11.6M), Wheat Flours ($9.07M), and Animal Food ($5.12M). The most common destination for the exports of Saint Vincent and the Grenadines are Netherlands ($54.7M), India ($10.9M), United States ($6.93M), Barbados ($5.95M), and Greece ($5.74M).

Explore Visualizations

Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
Netherlands$53.5M (+ 4.51k%)
Saudi Arabia$4.02M (+ 150k%)
Greece$2.01M (+ 53.9%)
Fastest Growing Import Markets (2020 - 2021)
Netherlands$74M (+ 1.17k%)
United States$39.8M (+ 34.4%)
China$24.2M (+ 116%)

Total Export Growth by Market (2020 - 2021)

Service Trade

Service Trade

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).

Service Exports (2013)

Service Imports (2013)

Economic Complexity

Most Specialized Products by RCA Index

Saint Vincent and the Grenadines has a high level of specialization in Collector's Items (424), Recreational Boats (322), Wheat Flours (317), Other Sea Vessels (144), and Special Purpose Ships (112). Specialization is measured using RCA, an index that takes the ratio between Saint Vincent and the Grenadines observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Saint Vincent and the Grenadines according to the relatedness index, were Gold (0.1), Fish Fillets (0.094), Other Oily Seeds (0.088), Raw Sugar (0.088), and Hard Liquor (0.088). 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.

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 Vincent And The Grenadines. These are products that tend to be co-exported with the products that Saint Vincent And The Grenadines exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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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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