2022
Flag  
GDP
$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 101 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 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
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Saint Vincent and the Grenadines-South Korea Trade: In 2022, Saint Vincent and the Grenadines exported $1.07M to South Korea. The main products that Saint Vincent and the Grenadines exported to South Korea were Non-fillet Frozen Fish ($1.04M), Other Floating Structures ($20k), and Trunks and Cases ($8.53k). Over the past 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 179%, from $6.33k in 2017 to $1.07M in 2022.

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

South Korea-Saint Vincent and the Grenadines Trade: In 2022, South Korea exported $4.93M to Saint Vincent and the Grenadines. The main products that South Korea exported to Saint Vincent and the Grenadines were Coated Flat-Rolled Iron ($2.97M), Large Construction Vehicles ($1.01M), and Electric Batteries ($574k). Over the past 5 years the exports of South Korea to Saint Vincent and the Grenadines have increased at an annualized rate of 14.4%,  from $2.51M in 2017 to $4.93M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Vincent and the Grenadines exported $1.07M to South Korea. The main products exported from Saint Vincent and the Grenadines to South Korea were Non-fillet Frozen Fish ($1.04M), Other Floating Structures ($20k), and Trunks and Cases ($8.53k). During the last 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 179%, from $6.33k in 2017 to $1.07M in 2022.

In 2017, South Korea exported $4.93M to Saint Vincent and the Grenadines. The main products exported from South Korea to Saint Vincent and the Grenadines were Coated Flat-Rolled Iron ($2.97M), Large Construction Vehicles ($1.01M), and Electric Batteries ($574k). During the last 5 years the exports of South Korea to Saint Vincent and the Grenadines have increased at an annualized rate of 14.4%, from $2.51M in 2022 to $4.93M in 2017.

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

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

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
South Korea
Top Destination
China$150B

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

In 2022, no countries were registered that imported more from Saint Vincent and the Grenadines than from South Korea.

In 2022, countries that imported more from South Korea than Saint Vincent and the Grenadines included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Comparative Advantage Saint Vincent and the Grenadines - South Korea

Flow
Scale

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

During 2022, Saint Vincent and the Grenadines had a large net trade with South Korea in the exports of Animal Products ($1.04M), Transportation ($20k), and Animal Hides ($8.53k).

During 2017, South Korea had a large net trade with Saint Vincent and the Grenadines in the exports of Metals ($2.97M), Machines ($1.58M), and Transportation ($289k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with