2022
Flag  
GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$9,125CURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP PC GROWTH
35.1%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Saint Vincent and the Grenadines-Belgium Trade: In 2022, Saint Vincent and the Grenadines exported $4.17k to Belgium. The main products that Saint Vincent and the Grenadines exported to Belgium were Bicycles, delivery tricycles, other cycles ($1.84k), Medical Instruments ($948), and Knit T-shirts ($725). Over the past 5 years the exports of Saint Vincent and the Grenadines to Belgium have decreased at an annualized rate of 1.45%, from $4.48k in 2017 to $4.17k in 2022.

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

Belgium-Saint Vincent and the Grenadines Trade: In 2022, Belgium exported $536k to Saint Vincent and the Grenadines. The main products that Belgium exported to Saint Vincent and the Grenadines were Animal Food ($176k), Other Frozen Vegetables ($153k), and Milk ($64k). Over the past 5 years the exports of Belgium to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.19%,  from $664k in 2017 to $536k in 2022.

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

Comparison In 2022,  Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Vincent and the Grenadines exported $4.17k to Belgium. The main products exported from Saint Vincent and the Grenadines to Belgium were Bicycles, delivery tricycles, other cycles ($1.84k), Medical Instruments ($948), and Knit T-shirts ($725). During the last 5 years the exports of Saint Vincent and the Grenadines to Belgium have decreased at an annualized rate of 1.45%, from $4.48k in 2017 to $4.17k in 2022.

In 2017, Belgium exported $536k to Saint Vincent and the Grenadines. The main products exported from Belgium to Saint Vincent and the Grenadines were Animal Food ($176k), Other Frozen Vegetables ($153k), and Milk ($64k). During the last 5 years the exports of Belgium to Saint Vincent and the Grenadines have decreased at an annualized rate of 4.19%, from $664k in 2022 to $536k in 2017.

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

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

Latest Data

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

Belgium Exports

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Saint Vincent and the Grenadines than Belgium included Barbados ($6.84M), Grenada ($2.78M), and Antigua and Barbuda ($3.5M).

In 2022, countries that imported more from Belgium than Saint Vincent and the Grenadines included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Saint Vincent and the Grenadines - Belgium

Flow
Scale

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

During 2022, Saint Vincent and the Grenadines had a large net trade with Belgium in the exports of Transportation ($1.84k), Instruments ($948), and Textiles ($725).

During 2017, Belgium had a large net trade with Saint Vincent and the Grenadines in the exports of Foodstuffs ($374k), Animal Products ($64k), and Machines ($50.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saint Vincent and the Grenadines and Belgium. This means that a dot/product with the flag of Saint Vincent and the Grenadines indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Saint Vincent and the Grenadines.

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

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