Country intelligence · VCT · 2024

Saint Vincent and the Grenadines trade profile

In 2024, Saint Vincent and the Grenadines recorded $83.8M in merchandise exports and $543.0M in imports, producing a $459.2M trade deficit. Exports changed +42.1% from the previous year, while imports changed +8.9%.[1]

Exports

$83.8M

+42.1%

Imports

$543.0M

+8.9%

Trade balance

-$459.2M

deficit

Active partners

270

43 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$83.8M$543.0M-$459.2M+42.1%
2023$59.0M$498.4M-$439.4M-58.6%
2022$142.5M$417.8M-$275.3M-22.6%
2021$184.1M$473.7M-$289.7M-20.9%
2020$232.7M$313.8M-$81.1M+24.4%
2019$187.1M$389.9M-$202.8M-3.2%
2018$193.4M$451.6M-$258.3M-30.6%
2017$278.6M$374.5M-$95.8M-17.1%
2016$335.9M$352.2M-$16.3M+65.1%
2015$203.5M$404.3M-$200.9M+17.7%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 89 · HS chapter

13 active HS6 lines · 9 export partners

$30.3M
2

HS 11 · HS chapter

24 active HS6 lines · 13 export partners

$13.3M
3

HS 23 · HS chapter

7 active HS6 lines · 11 export partners

$8.5M
4

HS 03 · HS chapter

113 active HS6 lines · 11 export partners

$6.3M
5

HS 22 · HS chapter

24 active HS6 lines · 18 export partners

$3.5M
6

HS 71 · Precious metals and stones

15 active HS6 lines · 5 export partners

$2.6M
7

HS 70 · HS chapter

54 active HS6 lines · 12 export partners

$2.1M
8

HS 07 · HS chapter

61 active HS6 lines · 10 export partners

$1.9M

Leading export markets

Destinations rank bilateral export flows from Saint Vincent and the Grenadines; growth describes each corridor rather than the whole economy.

1

Trinidad and Tobago

Annual change +1025.9% · 3-year CAGR 125.9%

$22.6M
2

Greece

Annual change +9238.6% · 3-year CAGR 52.4%

$9.3M
3

United States

Annual change +51.7% · 3-year CAGR 14.6%

$9.1M
4

Barbados

Annual change +13.2% · 3-year CAGR 13.6%

$8.5M
5

Saint Lucia

Annual change +28.1% · 3-year CAGR 6.3%

$8.0M
6

Saint Kitts and Nevis

Annual change +59.4% · 3-year CAGR 32.1%

$6.9M
7

Dominica

Annual change +2.0% · 3-year CAGR 12.6%

$5.4M
8

Antigua and Barbuda

Annual change +7.7% · 3-year CAGR 3.7%

$4.0M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.