2022
Flag  
GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 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
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Saint Vincent and the Grenadines-Barbados Trade: In 2022, Saint Vincent and the Grenadines exported $6.84M to Barbados. The main products that Saint Vincent and the Grenadines exported to Barbados were Wheat Flours ($1.52M), Animal Food ($1.44M), and Flavored Water ($968k). Over the past 5 years the exports of Saint Vincent and the Grenadines to Barbados have decreased at an annualized rate of 2.91%, from $7.93M in 2017 to $6.84M in 2022.

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

Barbados-Saint Vincent and the Grenadines Trade: In 2022, Barbados exported $14.1M to Saint Vincent and the Grenadines. The main products that Barbados exported to Saint Vincent and the Grenadines were Semiconductor Devices ($2.56M), Packaged Medicaments ($2.31M), and Margarine ($970k). Over the past 5 years the exports of Barbados to Saint Vincent and the Grenadines have increased at an annualized rate of 1.24%,  from $13.3M in 2017 to $14.1M in 2022.

In 2022, Barbados 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). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Vincent and the Grenadines exported $6.84M to Barbados. The main products exported from Saint Vincent and the Grenadines to Barbados were Wheat Flours ($1.52M), Animal Food ($1.44M), and Flavored Water ($968k). During the last 5 years the exports of Saint Vincent and the Grenadines to Barbados have decreased at an annualized rate of 2.91%, from $7.93M in 2017 to $6.84M in 2022.

In 2017, Barbados exported $14.1M to Saint Vincent and the Grenadines. The main products exported from Barbados to Saint Vincent and the Grenadines were Semiconductor Devices ($2.56M), Packaged Medicaments ($2.31M), and Margarine ($970k). During the last 5 years the exports of Barbados to Saint Vincent and the Grenadines have increased at an annualized rate of 1.24%, from $13.3M in 2022 to $14.1M in 2017.

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

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

Latest Data

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

Saint Vincent and the Grenadines Exports

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Saint Vincent and the Grenadines than Barbados included Malaysia ($27.8M), Greece ($7.79M), and Spain ($5.19M).

In 2022, countries that imported more from Barbados than Saint Vincent and the Grenadines included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

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

Comparative Advantage Saint Vincent and the Grenadines - Barbados

Flow
Scale

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

During 2022, Saint Vincent and the Grenadines had a large net trade with Barbados in the exports of Foodstuffs ($2.7M), Vegetable Products ($2.62M), and Paper Goods ($553k).

During 2017, Barbados had a large net trade with Saint Vincent and the Grenadines in the exports of Chemical Products ($4.34M), Machines ($2.93M), and Foodstuffs ($1.86M).

Economic Complexity

Competitive Landscape

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

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

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