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Pricing

2023
Flag → Flag
Exports $679Rnk 69 / 91
2023
Flag → Flag
Top Product $679Other Plastic Products
2023
Flag → Flag
Exports $2.84kRnk 111 / 122
2023
Flag → Flag
Top Product $2.68kPaper Containers
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP GROWTH39.4%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC $10,520CURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP PC GROWTH48.8%CURRENT US$
Rnk 49 / 195

About

Saint Vincent and the Grenadines-Venezuela Trade: In 2023, Saint Vincent and the Grenadines exported $679 to Venezuela. The main products that Saint Vincent and the Grenadines exported to Venezuela were Other Plastic Products ($679). Over the past 10 years the exports of Saint Vincent and the Grenadines to Venezuela have decreased at an annualized rate of 49.6%, from $639k in 2013 to $679 in 2023.

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

Venezuela-Saint Vincent and the Grenadines Trade: In 2023, Venezuela exported $2.84k to Saint Vincent and the Grenadines. The main products that Venezuela exported to Saint Vincent and the Grenadines were Paper Containers ($2.68k) and Hard Liquor ($161). Over the past 10 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 58%,  from $216k in 2013 to $2.84k in 2023.

In 2023, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $679 to Venezuela. The main products exported from Saint Vincent and the Grenadines to Venezuela were Other Plastic Products ($679). During the last 10 years the exports of Saint Vincent and the Grenadines to Venezuela have decreased at an annualized rate of 49.6%, from $639k in 2013 to $679 in 2023.

In 2018, Venezuela exported $2.84k to Saint Vincent and the Grenadines. The main products exported from Venezuela to Saint Vincent and the Grenadines were Paper Containers ($2.68k) and Hard Liquor ($161). During the last 5 years the exports of Venezuela to Saint Vincent and the Grenadines have decreased at an annualized rate of 58%, from $216k in 2023 to $2.84k in 2018.

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

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

Latest Data

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

Saint Vincent and the Grenadines Exports

Market Competitiveness

Color
Saint Vincent and the Grenadines
Top DestinationCroatia$10M
Venezuela
Top DestinationUnited States$3.81B

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

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

In 2023, countries that imported more from Venezuela than Saint Vincent and the Grenadines included United States ($3.81B), China ($739M), and Spain ($670M).

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

Comparative Advantage Saint Vincent and the Grenadines - Venezuela

Flow
Scale

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

During 2023, Saint Vincent and the Grenadines had a large net trade with Venezuela in the exports of Plastics and Rubbers ($679).

During 2018, Venezuela had a large net trade with Saint Vincent and the Grenadines in the exports of Paper Goods ($2.68k) and Foodstuffs ($161).

Economic Complexity

Competitive Landscape

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

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

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