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St. Vincent and the Grenadines Trade Summary

2020

St. Vincent and the Grenadines exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ST. VINCENT AND THE GRENADINES 2020

Overall Exports and Imports for St. Vincent and the Grenadines 2020

Exports and imports of St. Vincent and the Grenadines in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 55 million.
  • The total value of imports (CIF) was 321 million.
  • At the HS6 digit level, 673 products were exported to 49 countries and 2,922 products were imported from 143 countries.

St. Vincent and the Grenadines top 5 Export and Import partners 2020

Top five countries to which St. Vincent and the Grenadines exported in 2020 are below, along with the percent of total exports that went to that country:

  1. St. Vincent and the Grenadines exports to United States worth US$ 11 million, with a partner share of 19.98 percent.
  2. St. Vincent and the Grenadines exports to Barbados worth US$ 6 million, with a partner share of 11.69 percent.
  3. St. Vincent and the Grenadines exports to Portugal worth US$ 6 million, with a partner share of 10.93 percent.
  4. St. Vincent and the Grenadines exports to St. Lucia worth US$ 5 million, with a partner share of 9.93 percent.
  5. St. Vincent and the Grenadines exports to Trinidad and Tobago worth US$ 5 million, with a partner share of 8.91 percent.

Top five countries from which St. Vincent and the Grenadines imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. St. Vincent and the Grenadines imports from United States worth US$ 139 million, with a partner share of 43.40 percent.
  2. St. Vincent and the Grenadines imports from Trinidad and Tobago worth US$ 36 million, with a partner share of 11.10 percent.
  3. St. Vincent and the Grenadines imports from United Kingdom worth US$ 26 million, with a partner share of 8.24 percent.
  4. St. Vincent and the Grenadines imports from China worth US$ 20 million, with a partner share of 6.25 percent.
  5. St. Vincent and the Grenadines imports from Japan worth US$ 8 million, with a partner share of 2.64 percent.

St. Vincent and the Grenadines Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by St. Vincent and the Grenadines along with trade value are:

  1. St. Vincent and the Grenadines exported Sailboats, with or without auxiliary motor , worth US$ 10,960.46 million.
  2. St. Vincent and the Grenadines exported Wheat or meslin flour , worth US$ 9,605.40 million.
  3. St. Vincent and the Grenadines exported Other preparations of a kind used in animal fee , worth US$ 4,351.70 million.
  4. St. Vincent and the Grenadines exported Frozen crustaceans,nes,including flours,meals & , worth US$ 3,574.22 million.
  5. St. Vincent and the Grenadines exported Taps, cocks, valves and similar appliances, nes , worth US$ 2,096.96 million.

The top five imported HS 6 digit level products from world by St. Vincent and the Grenadines along with trade value are

  1. St. Vincent and the Grenadines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 31,738.36 million.
  2. St. Vincent and the Grenadines imported Frozen cuts and offal of chicken (excl. livers) , worth US$ 10,021.27 million.
  3. St. Vincent and the Grenadines imported Other food preparations, nes , worth US$ 6,986.33 million.
  4. St. Vincent and the Grenadines imported Spelt, common wheat and meslin , worth US$ 6,246.85 million.
  5. St. Vincent and the Grenadines imported Portland cement (excl. white) , worth US$ 4,523.59 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by St. Vincent and the Grenadines in 2020 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 9.23 percent.
  • The trade weighted average tariff was 8.97 .
  • The total duty free imports in thousands of US dollars were 105,952.97 and duty free tariff line items share was 30.48 percent.

Development Indicators 2020

Key Development Indicators of St. Vincent and the Grenadines in 2020 are below

  • St. Vincent and the Grenadines GDP in current US dollar was 869 million.
  • GNI per capita, Atlas method (current US$) was 8,330.00 .
  • St. Vincent and the Grenadines Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 25.13 .

Trade Indicators 2020

Trade Indicators for St. Vincent and the Grenadines in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.35.
  • Index of export market penetration was 1.27.
  • World Growth in percentage was -3.75 and St. Vincent and the Grenadines Country Growth was -22.97 .