2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Saint Vincent and the Grenadines-Philippines Trade: In 2023, Saint Vincent and the Grenadines exported $33 to Philippines. The main products that Saint Vincent and the Grenadines exported to Philippines were Other Electrical Machinery ($33). Over the past 6 years the exports of Saint Vincent and the Grenadines to Philippines have decreased at an annualized rate of 70.8%, from $53.4k in 2017 to $33 in 2023.

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

Philippines-Saint Vincent and the Grenadines Trade: In 2023, Philippines exported $116k to Saint Vincent and the Grenadines. The main products that Philippines exported to Saint Vincent and the Grenadines were Optical Fibers and optical fibre bundles ($46.2k), Electric Batteries ($17.6k), and Other Processed Fruits and Nuts ($11.8k). Over the past 6 years the exports of Philippines to Saint Vincent and the Grenadines have increased at an annualized rate of 17.8%,  from $43.6k in 2017 to $116k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $33 to Philippines. The main products exported from Saint Vincent and the Grenadines to Philippines were Other Electrical Machinery ($33). During the last 6 years the exports of Saint Vincent and the Grenadines to Philippines have decreased at an annualized rate of 70.8%, from $53.4k in 2017 to $33 in 2023.

In 2018, Philippines exported $116k to Saint Vincent and the Grenadines. The main products exported from Philippines to Saint Vincent and the Grenadines were Optical Fibers and optical fibre bundles ($46.2k), Electric Batteries ($17.6k), and Other Processed Fruits and Nuts ($11.8k). During the last 5 years the exports of Philippines to Saint Vincent and the Grenadines have increased at an annualized rate of 17.8%, from $43.6k in 2023 to $116k in 2018.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Philippines
Top Destination
China$19B

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

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

In 2023, countries that imported more from Philippines than Saint Vincent and the Grenadines included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Saint Vincent and the Grenadines - Philippines

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Philippines in the exports of Machines ($33).

During 2018, Philippines had a large net trade with Saint Vincent and the Grenadines in the exports of Machines ($56.9k), Instruments ($46.2k), and Foodstuffs ($11.8k).

Economic Complexity

Competitive Landscape

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

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

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