2023
Flag  
GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 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 
$128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 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

Luxembourg-Saint Vincent and the Grenadines Trade: In 2023, Luxembourg exported $43.7k to Saint Vincent and the Grenadines. The main products that Luxembourg exported to Saint Vincent and the Grenadines were Refrigerators ($38.9k), Electric Generating Sets ($4.22k), and Paper Labels ($333). Over the past 5 years the exports of Luxembourg to Saint Vincent and the Grenadines have increased at an annualized rate of 11.6%, from $25.2k in 2018 to $43.7k in 2023.

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

Saint Vincent and the Grenadines-Luxembourg Trade: In 2023, Saint Vincent and the Grenadines exported $8.06k to Luxembourg. The main products that Saint Vincent and the Grenadines exported to Luxembourg were Valves ($7.94k), Copper Pipe Fittings ($81), and Plastic Wash Basins ($35). Over the past 5 years the exports of Saint Vincent and the Grenadines to Luxembourg have increased at an annualized rate of 0.69%,  from $7.79k in 2018 to $8.06k in 2023.

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

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $43.7k to Saint Vincent and the Grenadines. The main products exported from Luxembourg to Saint Vincent and the Grenadines were Refrigerators ($38.9k), Electric Generating Sets ($4.22k), and Paper Labels ($333). During the last 5 years the exports of Luxembourg to Saint Vincent and the Grenadines have increased at an annualized rate of 11.6%, from $25.2k in 2018 to $43.7k in 2023.

In 2018, Saint Vincent and the Grenadines exported $8.06k to Luxembourg. The main products exported from Saint Vincent and the Grenadines to Luxembourg were Valves ($7.94k), Copper Pipe Fittings ($81), and Plastic Wash Basins ($35). During the last 5 years the exports of Saint Vincent and the Grenadines to Luxembourg have increased at an annualized rate of 0.69%, from $7.79k in 2023 to $8.06k in 2018.

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

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

Latest Data

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

Luxembourg Exports

Saint Vincent and the Grenadines Exports

Date

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Luxembourg than Saint Vincent and the Grenadines included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

In 2023, countries that imported more from Saint Vincent and the Grenadines than Luxembourg included Barbados ($8.86M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

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

Comparative Advantage Luxembourg - Saint Vincent and the Grenadines

Flow
Scale

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

During 2023, Luxembourg had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($43.1k), Paper Goods ($333), and Miscellaneous ($189).

During 2018, Saint Vincent and the Grenadines had a large net trade with Luxembourg in the exports of Machines ($7.94k), Metals ($81), and Plastics and Rubbers ($35).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Luxembourg and Saint Vincent and the Grenadines. This means that a dot/product with the flag of Luxembourg 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 Luxembourg.

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

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