2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC 
$10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195

About

Saint Vincent and the Grenadines-Cuba Trade: In 2023, Saint Vincent and the Grenadines exported $227k to Cuba. The main products that Saint Vincent and the Grenadines exported to Cuba were Surveying Equipment ($192k), Non-Knit Active Wear ($21.8k), and Other Edible Preparations ($12.8k). Over the past 10 years the exports of Saint Vincent and the Grenadines to Cuba have increased at an annualized rate of 59.3%, from $2.16k in 2013 to $227k in 2023.

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

Cuba-Saint Vincent and the Grenadines Trade: In 2023, Cuba exported $4.21k to Saint Vincent and the Grenadines. The main products that Cuba exported to Saint Vincent and the Grenadines were Rolled Tobacco ($3.41k), Hard Liquor ($515), and Iron Fasteners ($282). Over the past 10 years the exports of Cuba to Saint Vincent and the Grenadines have decreased at an annualized rate of 24%,  from $16.6k in 2013 to $4.21k in 2023.

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

Comparison In 2023,  Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index. That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $227k to Cuba. The main products exported from Saint Vincent and the Grenadines to Cuba were Surveying Equipment ($192k), Non-Knit Active Wear ($21.8k), and Other Edible Preparations ($12.8k). During the last 10 years the exports of Saint Vincent and the Grenadines to Cuba have increased at an annualized rate of 59.3%, from $2.16k in 2013 to $227k in 2023.

In 2018, Cuba exported $4.21k to Saint Vincent and the Grenadines. The main products exported from Cuba to Saint Vincent and the Grenadines were Rolled Tobacco ($3.41k), Hard Liquor ($515), and Iron Fasteners ($282). During the last 5 years the exports of Cuba to Saint Vincent and the Grenadines have decreased at an annualized rate of 24%, from $16.6k in 2023 to $4.21k in 2018.

Exports from Saint Vincent and the Grenadines (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Market Competitiveness

Color
Cuba
Top Destination
China$358M

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

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

In 2023, countries that imported more from Cuba than Saint Vincent and the Grenadines included China ($358M), Spain ($129M), and Germany ($68.1M).

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

Comparative Advantage Saint Vincent and the Grenadines - Cuba

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Cuba in the exports of Instruments ($192k), Textiles ($21.8k), and Foodstuffs ($12.8k).

During 2018, Cuba had a large net trade with Saint Vincent and the Grenadines in the exports of Foodstuffs ($3.93k) and Metals ($282).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Vincent and the Grenadines (Flag) and Cuba (Flag) (2023)

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