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2023
Flag → Flag
Exports $48Rnk 87 / 91
2023
Flag → Flag
Top Product $48Office Machine Parts
2023
Flag → Flag
Exports $2.77MRnk 68 / 146
2023
Flag → Flag
Top Product $143kIron Fasteners
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 69 / 132
2023
Flag  
GDP$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH77.5%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC $10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH48.8%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC$18,686CURRENT US$
Rnk 65 / 196
2013-2023
Flag
GDP PC GROWTH52.3%CURRENT US$
Rnk 43 / 195

About

Saint Vincent and the Grenadines-Panama Trade: In 2023, Saint Vincent and the Grenadines exported $48 to Panama. The main products that Saint Vincent and the Grenadines exported to Panama were Office Machine Parts ($48). Over the past 10 years the exports of Saint Vincent and the Grenadines to Panama have decreased at an annualized rate of 34.1%, from $3.09k in 2013 to $48 in 2023.

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

Panama-Saint Vincent and the Grenadines Trade: In 2023, Panama exported $2.77M to Saint Vincent and the Grenadines. The main products that Panama exported to Saint Vincent and the Grenadines were Iron Fasteners ($143k), Plastic Pipes ($127k), and Office Machine Parts ($122k). Over the past 10 years the exports of Panama to Saint Vincent and the Grenadines have decreased at an annualized rate of 7.23%,  from $4.03M in 2013 to $2.77M in 2023.

In 2023, Panama 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, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $48 to Panama. The main products exported from Saint Vincent and the Grenadines to Panama were Office Machine Parts ($48). During the last 10 years the exports of Saint Vincent and the Grenadines to Panama have decreased at an annualized rate of 34.1%, from $3.09k in 2013 to $48 in 2023.

In 2018, Panama exported $2.77M to Saint Vincent and the Grenadines. The main products exported from Panama to Saint Vincent and the Grenadines were Iron Fasteners ($143k), Plastic Pipes ($127k), and Office Machine Parts ($122k). During the last 5 years the exports of Panama to Saint Vincent and the Grenadines have decreased at an annualized rate of 7.23%, from $4.03M in 2023 to $2.77M in 2018.

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

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

Latest Data

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

Saint Vincent and the Grenadines Exports

Panama Exports

Market Competitiveness

Color
Saint Vincent and the Grenadines
Top DestinationCroatia$10M
Panama
Top DestinationChina$1.62B

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Panama included Croatia ($10M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

In 2023, countries that imported more from Panama than Saint Vincent and the Grenadines included China ($1.62B), Japan ($653M), and United States ($385M).

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

Comparative Advantage Saint Vincent and the Grenadines - Panama

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Panama in the exports of Machines ($48).

During 2018, Panama had a large net trade with Saint Vincent and the Grenadines in the exports of Plastics and Rubbers ($445k), Metals ($363k), and Miscellaneous ($338k).

Economic Complexity

Competitive Landscape

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

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

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