2023
Flag  
GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC 
$54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC
$10,520CURRENT US$
Rnk 88 / 196
2013-2023
Flag
GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195

About

Belgium-Saint Vincent and the Grenadines Trade: In 2023, Belgium exported $1.17M to Saint Vincent and the Grenadines. The main products that Belgium exported to Saint Vincent and the Grenadines were Iron Structures ($258k), Other Frozen Vegetables ($214k), and Milk ($153k). Over the past 5 years the exports of Belgium to Saint Vincent and the Grenadines have decreased at an annualized rate of 0.96%, from $1.23M in 2018 to $1.17M in 2023.

In 2023, Belgium did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Belgium Trade: In 2023, Saint Vincent and the Grenadines exported $560k to Belgium. The main products that Saint Vincent and the Grenadines exported to Belgium were Cocoa Beans ($507k), Other Cloth Articles ($28k), and Plastic Floor Coverings ($21.3k). Over the past 5 years the exports of Saint Vincent and the Grenadines to Belgium have increased at an annualized rate of 50%,  from $73.9k in 2018 to $560k in 2023.

In 2023, Saint Vincent and the Grenadines did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $1.17M to Saint Vincent and the Grenadines. The main products exported from Belgium to Saint Vincent and the Grenadines were Iron Structures ($258k), Other Frozen Vegetables ($214k), and Milk ($153k). During the last 5 years the exports of Belgium to Saint Vincent and the Grenadines have decreased at an annualized rate of 0.96%, from $1.23M in 2018 to $1.17M in 2023.

In 2018, Saint Vincent and the Grenadines exported $560k to Belgium. The main products exported from Saint Vincent and the Grenadines to Belgium were Cocoa Beans ($507k), Other Cloth Articles ($28k), and Plastic Floor Coverings ($21.3k). During the last 5 years the exports of Saint Vincent and the Grenadines to Belgium have increased at an annualized rate of 50%, from $73.9k in 2023 to $560k in 2018.

Exports from Belgium (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Exports from Saint Vincent and the Grenadines (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top Destination
France$85.6B

This map shows whether countries import more from Belgium or Saint Vincent and the Grenadines. Each country is colored based on the difference in imports they receive from Belgium and Saint Vincent and the Grenadines or the difference in the growth in imports.

In 2023, countries that imported more from Belgium than Saint Vincent and the Grenadines included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Saint Vincent and the Grenadines than Belgium included Saint Kitts and Nevis ($5.44M), Saint Lucia ($6.16M), and Dominica ($5.35M).

Difference in imports from Saint Vincent and the Grenadines (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Saint Vincent and the Grenadines

Flow
Scale

This chart compares trade between Belgium and Saint Vincent and the Grenadines by product, considering products traded by both, Belgium and Saint Vincent and the Grenadines.

During 2023, Belgium had a large net trade with Saint Vincent and the Grenadines in the exports of Foodstuffs ($410k), Metals ($279k), and Animal Products ($200k).

During 2018, Saint Vincent and the Grenadines had a large net trade with Belgium in the exports of Foodstuffs ($507k), Textiles ($28k), and Plastics and Rubbers ($24.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Saint Vincent and the Grenadines. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Saint Vincent and the Grenadines. Similarly, a dot/product with the flag of Saint Vincent and the Grenadines indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Saint Vincent and the Grenadines (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with