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Pricing

2021
Flag → Flag
Exports $2.04kRnk 7 / 0
2021
Flag → Flag
Exports $28.6kRnk 35 / 79
2021
Flag → Flag
Top Product $28.6kSynthetic Filament Yarn Woven Fabric
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$9,125CURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP PC GROWTH35.1%CURRENT US$
Rnk 57 / 186

About

Nicaragua-Saint Vincent and the Grenadines Trade: In 2021, Nicaragua exported $2.04k to Saint Vincent and the Grenadines. The main products that Nicaragua exported to Saint Vincent and the Grenadines were N/A. Over the past 5 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.02%, from $2.5k in 2016 to $2.04k in 2021.

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

Saint Vincent and the Grenadines-Nicaragua Trade: In 2021, Saint Vincent and the Grenadines exported $28.6k to Nicaragua. The main products that Saint Vincent and the Grenadines exported to Nicaragua were Synthetic Filament Yarn Woven Fabric ($28.6k). Over the past 5 years the exports of Saint Vincent and the Grenadines to Nicaragua have increased at an annualized rate of 274%,  from $39 in 2016 to $28.6k in 2021.

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

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97),  and 111 in total exports ($7.92B). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Nicaragua exported $2.04k to Saint Vincent and the Grenadines. There were not main exports from Nicaragua to Saint Vincent and the Grenadines in 2021. During the last 5 years the exports of Nicaragua to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.02%, from $2.5k in 2016 to $2.04k in 2021.

In 2017, Saint Vincent and the Grenadines exported $28.6k to Nicaragua. The main products exported from Saint Vincent and the Grenadines to Nicaragua were Synthetic Filament Yarn Woven Fabric ($28.6k). During the last 5 years the exports of Saint Vincent and the Grenadines to Nicaragua have increased at an annualized rate of 274%, from $39 in 2022 to $28.6k in 2017.

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

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

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

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

In 2022, countries that imported more from Nicaragua than Saint Vincent and the Grenadines included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Saint Vincent and the Grenadines than Nicaragua included Malaysia ($27.8M), Barbados ($6.84M), and Antigua and Barbuda ($3.5M).

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

Comparative Advantage Nicaragua - Saint Vincent and the Grenadines

Flow
Scale

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

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

During 2017, Saint Vincent and the Grenadines had a large net trade with Nicaragua in the exports of Textiles ($28.6k).

Economic Complexity

Competitive Landscape

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

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

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