2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC 
$10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195

About

Saint Vincent and the Grenadines-Luxembourg Trade: In 2023, Saint Vincent and the Grenadines exported $8.06k to Luxembourg. The main products that Saint Vincent and the Grenadines exported to Luxembourg were Valves ($7.94k), Copper Pipe Fittings ($81), and Plastic Wash Basins ($35). Over the past 5 years the exports of Saint Vincent and the Grenadines to Luxembourg have increased at an annualized rate of 0.69%, from $7.79k in 2018 to $8.06k in 2023.

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

Luxembourg-Saint Vincent and the Grenadines Trade: In 2023, Luxembourg exported $43.7k to Saint Vincent and the Grenadines. The main products that Luxembourg exported to Saint Vincent and the Grenadines were Refrigerators ($38.9k), Electric Generating Sets ($4.22k), and Paper Labels ($333). Over the past 5 years the exports of Luxembourg to Saint Vincent and the Grenadines have increased at an annualized rate of 11.6%,  from $25.2k in 2018 to $43.7k in 2023.

In 2023, Luxembourg 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). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $8.06k to Luxembourg. The main products exported from Saint Vincent and the Grenadines to Luxembourg were Valves ($7.94k), Copper Pipe Fittings ($81), and Plastic Wash Basins ($35). During the last 5 years the exports of Saint Vincent and the Grenadines to Luxembourg have increased at an annualized rate of 0.69%, from $7.79k in 2018 to $8.06k in 2023.

In 2018, Luxembourg exported $43.7k to Saint Vincent and the Grenadines. The main products exported from Luxembourg to Saint Vincent and the Grenadines were Refrigerators ($38.9k), Electric Generating Sets ($4.22k), and Paper Labels ($333). During the last 5 years the exports of Luxembourg to Saint Vincent and the Grenadines have increased at an annualized rate of 11.6%, from $25.2k in 2023 to $43.7k in 2018.

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

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

Latest Data

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

Saint Vincent and the Grenadines Exports

Luxembourg Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Luxembourg included Barbados ($8.86M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

In 2023, countries that imported more from Luxembourg than Saint Vincent and the Grenadines included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

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

Comparative Advantage Saint Vincent and the Grenadines - Luxembourg

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Luxembourg in the exports of Machines ($7.94k), Metals ($81), and Plastics and Rubbers ($35).

During 2018, Luxembourg had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($43.1k), Paper Goods ($333), and Miscellaneous ($189).

Economic Complexity

Competitive Landscape

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

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

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