Philippines (PHL) and Saint Vincent and the Grenadines (VCT) Trade

About

Philippines-Saint Vincent and the Grenadines Trade: In 2023, Philippines exported $116k to Saint Vincent and the Grenadines. The main products that Philippines exported to Saint Vincent and the Grenadines were Optical Fibers and optical fibre bundles ($46.2k), Electric Batteries ($17.6k), and Other Processed Fruits and Nuts ($11.8k). Over the past 5 years the exports of Philippines to Saint Vincent and the Grenadines have increased at an annualized rate of 21.7%, from $43.6k in 2018 to $116k in 2023.

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

Saint Vincent and the Grenadines-Philippines Trade: In 2023, Saint Vincent and the Grenadines exported $33 to Philippines. The main products that Saint Vincent and the Grenadines exported to Philippines were Other Electrical Machinery ($33). Over the past 5 years the exports of Saint Vincent and the Grenadines to Philippines have decreased at an annualized rate of 81.4%, from $147k in 2018 to $33 in 2023.

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

Comparison In 2023, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Philippines exported $N/A and imported $N/A from Saint Vincent and the Grenadines, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Saint Vincent and the Grenadines were . In N/A the top imports of Philippines from Saint Vincent and the Grenadines were .

Growth In N/A, the N/A in Philippines's year-by-year exports to Saint Vincent and the Grenadines was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports from Saint Vincent and the Grenadines was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Philippines exported $116k to Saint Vincent and the Grenadines. The main products exported from Philippines to Saint Vincent and the Grenadines were Optical Fibers and optical fibre bundles ($46.2k), Electric Batteries ($17.6k), and Other Processed Fruits and Nuts ($11.8k). During the last 5 years the exports of Philippines to Saint Vincent and the Grenadines have increased at an annualized rate of 21.7%, from $43.6k in 2018 to $116k in 2023.

In 2018, Saint Vincent and the Grenadines exported $33 to Philippines. The main products exported from Saint Vincent and the Grenadines to Philippines were Other Electrical Machinery ($33). During the last 5 years the exports of Saint Vincent and the Grenadines to Philippines have decreased at an annualized rate of 81.4%, from $147k in 2023 to $33 in 2018.

Exports from Philippines () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Philippines () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Philippines
Top DestinationChina$19B

Saint Vincent and the Grenadines
Top DestinationCroatia$10M

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

In 2023, countries that imported more from Philippines than Saint Vincent and the Grenadines included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Saint Vincent and the Grenadines than Philippines included Barbados ($8.86M), Saint Lucia ($6.16M), and Croatia ($10M).

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

Comparative Advantage Philippines - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Philippines had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($56.9k), Instruments ($46.2k), and Foodstuffs ($11.8k).

During 2018, Saint Vincent and the Grenadines had a large net trade with Philippines in the exports of Machines ($33).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Philippines () (2023)

Market Competitiveness

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

Comparative Advantage Philippines - Saint Vincent and the Grenadines

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Saint Vincent and the Grenadines () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Saint Vincent and the Grenadines () (2023)

Exports from Saint Vincent and the Grenadines () to Philippines () (2023)

Market Competitiveness

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

Comparative Advantage Philippines - Saint Vincent and the Grenadines

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Saint Vincent and the Grenadines () (2023)

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