2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
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GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
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GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
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GDP PC
$9,125CURRENT US$
Rnk 81 / 186
2012-2022
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GDP PC GROWTH
35.1%CURRENT US$
Rnk 57 / 186

About

Iceland-Saint Vincent and the Grenadines In 2021, Iceland exported $109 to Saint Vincent and the Grenadines. The main products that Iceland exported to Saint Vincent and the Grenadines are N/A. During the last 26 years the exports of Iceland to Saint Vincent and the Grenadines have decreased at an annualized rate of 8.23%, from $1.02k in 1995 to $109 in 2021.

In 2021, Iceland did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Iceland In 2021, Saint Vincent and the Grenadines exported $266 to Iceland. The main products that Saint Vincent and the Grenadines exported to Iceland were Other Processed Fruits and Nuts ($152), Cassava ($65), and Hard Liquor ($49). During the last 26 years the exports of Saint Vincent and the Grenadines to Iceland have decreased at an annualized rate of 4.37%, from $849 in 1995 to $266 in 2021.

In 2021, Saint Vincent and the Grenadines did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $109 to Saint Vincent and the Grenadines. There were not main exports from Iceland to Saint Vincent and the Grenadines in 2021. During the last 26 years the exports of Iceland to Saint Vincent and the Grenadines have decreased at an annualized rate of 8.23%, from $1.02k in 1995 to $109 in 2021.

In 2022, Saint Vincent and the Grenadines exported $266 to Iceland. The main products exported from Saint Vincent and the Grenadines to Iceland were Other Processed Fruits and Nuts ($152), Cassava ($65), and Hard Liquor ($49). During the last 1 years the exports of Saint Vincent and the Grenadines to Iceland have decreased at an annualized rate of 4.37%, from $849 in 2021 to $266 in 2022.

Exports from Iceland (Flag) to Saint Vincent and the Grenadines (Flag) (2022)

Exports from Saint Vincent and the Grenadines (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Saint Vincent and the Grenadines (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B

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

In 2021, countries that imported more from Iceland than Saint Vincent and the Grenadines were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Saint Vincent and the Grenadines than Iceland were Malaysia ($27.8M), Barbados ($6.84M), and Grenada ($2.78M).

Difference in imports from Saint Vincent and the Grenadines (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Saint Vincent and the Grenadines

Flow
Scale

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

During 2021, Iceland had a large net trade with Saint Vincent and the Grenadines in the exports of .

During 2022, Saint Vincent and the Grenadines had a large net trade with Iceland in the exports of Foodstuffs ($201) and Vegetable Products ($65).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Saint Vincent and the Grenadines. Similarly, the more yellow a dot/product is, the more Saint Vincent and the Grenadines has comparative advantage over Iceland.

Product Space of Iceland (Flag) and Saint Vincent and the Grenadines (Flag) (2022)

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