Saint Vincent and the Grenadines-Saint Kitts and Nevis Bilateral Trade Analysis 2023
Complete trade statistics: $9.01M total volume •Saint Vincent and the Grenadines surplus: $1.86M
Saint Vincent and the Grenadines → Saint Kitts and Nevis
$5.44M
Exports (2023)
Saint Kitts and Nevis → Saint Vincent and the Grenadines
$3.57M
Imports (2023)
Trade Balance
$1.86M
Surplus for Saint Vincent and the Grenadines
Total Trade
$9.01M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Vincent and the Grenadines and Saint Kitts and Nevis. Green line shows exports from Saint Vincent and the Grenadines, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Saint Vincent and the Grenadines-Saint Kitts and Nevis commercial relationship and competitive positioning in global markets.
Saint Vincent and the Grenadines → Saint Kitts and Nevis Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Vincent and the Grenadines's export portfolio to Saint Kitts and Nevis demonstrates strategic specialization, with dog or cat food: (not put up for retail sale), used in animal feeding representing a key competitive advantage in this bilateral market.
Saint Kitts and Nevis → Saint Vincent and the Grenadines Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Vincent and the Grenadines's import pattern from Saint Kitts and Nevis reveals significant dependencyin beer: made from malt, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Saint Vincent and the Grenadines demonstrates competitive strength in exportingdog or cat food: (not put up for retail sale), used in animal feeding to Saint Kitts and Nevis, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $9.01M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Vincent and the Grenadines-Saint Kitts and Nevis Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.01 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Vincent and the Grenadines maintains a surplus of $1.86 million
- Export Focus: Saint Vincent and the Grenadines's primary exports include dog or cat food: (not put up for retail sale), used in animal feeding, wheat or meslin flour, glass: ampoules, of a kind used for the conveyance or packing of goods
- Import Dependencies: Key imports from Saint Kitts and Nevis include beer: made from malt, beverages, fermented: (e.g. cider, perry, mead, sake), wine: still, in containers holding more than 10 litres
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $9.01M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Saint Vincent and the Grenadines leveraging its comparative advantages in dog or cat food: (not put up for retail sale), used in animal feeding.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Saint Vincent and the Grenadines's specialization in dog or cat food: (not put up for retail sale), used in animal feedingcomplements Saint Kitts and Nevis's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in beer: made from malt.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $9.01M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $9.01M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $9.01 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in dog or cat food: (not put up for retail sale), used in animal feeding and beer: made from malt demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Vincent and the Grenadines's trade surplus of $1.86 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Saint Vincent and the Grenadines and Saint Kitts and Nevis represents a total trade volume of $9.01 million in 2023. This partnership demonstrates a favorable trade balance for Saint Vincent and the Grenadines, with exports exceeding importsby $1.86 million.
Export Strengths
Saint Vincent and the Grenadines's exports to Saint Kitts and Nevis total $5.44 million, with competitive advantages in dog or cat food: (not put up for retail sale), used in animal feeding, representing $1.72M or31.6% of bilateral exports.
Import Dependencies
Imports from Saint Kitts and Nevis amount to $3.57 million, highlighting economic interdependence in beer: made from malt, with Beer: made from malt comprising91.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Saint Vincent and the Grenadines's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Saint Vincent and the Grenadines and Saint Kitts and Nevis in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023