Norway (NOR) and Saint Vincent and the Grenadines (VCT) Trade | The Observatory of Economic Complexity

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Norway-Saint Vincent and the Grenadines In 2022, Norway exported $3.29M to Saint Vincent and the Grenadines. The main products that Norway exported to Saint Vincent and the Grenadines are Passenger and Cargo Ships ($2.91M), Fish: dried, salted, smoked or in brine ($310k), and Air Pumps ($38.7k). During the last 27 years the exports of Norway to Saint Vincent and the Grenadines have increased at an annualized rate of 5%, from $881k in 1995 to $3.29M in 2022.

In 2022, Norway did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Norway In 2022, Saint Vincent and the Grenadines exported $520 to Norway. The main products that Saint Vincent and the Grenadines exported to Norway were N/A. During the last 27 years the exports of Saint Vincent and the Grenadines to Norway have decreased at an annualized rate of 30.1%, from $8.16M in 1995 to $520 in 2022.

In 2022, Saint Vincent and the Grenadines did not export any services to Norway.

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

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Overview In February 2024, Norway exported NOK1.04M and imported NOK0 from Saint Vincent and the Grenadines, resulting in a positive trade balance of NOK1.04M. Between February 2023 and February 2024 the exports of Norway have increased by NOK119k (12.9%) from NOK921k to NOK1.04M, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In February 2024, the top exports of Norway to Saint Vincent and the Grenadines were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0). In February 2024 the top imports of Norway from Saint Vincent and the Grenadines were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In February 2024, the increase in Norway's year-by-year exports to Saint Vincent and the Grenadines was explained primarily by an increase in product exports in . In February 2024, the change in Norway's year-by-year imports from Saint Vincent and the Grenadines was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK119k(12.9%)

IMPORT GROWTH (February 2023 - February 2024)NOK0(N/A%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Saint Vincent and the Grenadines and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $3.29M to Saint Vincent and the Grenadines. The main products exported from Norway to Saint Vincent and the Grenadines were Passenger and Cargo Ships ($2.91M), Fish: dried, salted, smoked or in brine ($310k), and Air Pumps ($38.7k). During the last 27 years the exports of Norway to Saint Vincent and the Grenadines have increased at an annualized rate of 5%, from $881k in 1995 to $3.29M in 2022.

In 2020, Saint Vincent and the Grenadines exported $520 to Norway. There were not main exports from Saint Vincent and the Grenadines to Norway in 2020. During the last 23 years the exports of Saint Vincent and the Grenadines to Norway have decreased at an annualized rate of 30.1%, from $8.16M in 1997 to $520 in 2020.

Exports from Norway () to Saint Vincent and the Grenadines () (2022)

Exports from Saint Vincent and the Grenadines () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

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

In 2021, countries that imported more from Norway than Saint Vincent and the Grenadines were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Saint Vincent and the Grenadines than Norway were Antigua and Barbuda ($3.5M), Barbados ($6.84M), and Grenada ($2.78M).

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

Comparative Advantage Norway - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Saint Vincent and the Grenadines in the exports of Transportation ($2.91M), Animal Products ($310k), and Machines ($73k).

During 2020, Saint Vincent and the Grenadines had a large net trade with Norway in the exports of .

Economic Complexity

Competitive Landscape

Year

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 Norway 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 Norway.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Norway () to Saint Vincent and the Grenadines () (2022)

Exports from Saint Vincent and the Grenadines () to Norway () (2022)

Market Competitiveness

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

Comparative Advantage Norway - Saint Vincent and the Grenadines

Economic Complexity

Competitive Landscape

Product Space of Norway () and Saint Vincent and the Grenadines () (2022)

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