Saint Vincent and the Grenadines-Saint Maarten Bilateral Trade Analysis 2023
Complete trade statistics: $378,560 total volume •Saint Vincent and the Grenadines deficit: $378,560
Saint Vincent and the Grenadines → Saint Maarten
$0
Exports (2023)
Saint Maarten → Saint Vincent and the Grenadines
$378,560
Imports (2023)
Trade Balance
$378,560
Deficit for Saint Vincent and the Grenadines
Total Trade
$378,560
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Vincent and the Grenadines and Saint Maarten. 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 Maarten commercial relationship and competitive positioning in global markets.
Saint Vincent and the Grenadines → Saint Maarten Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Vincent and the Grenadines's export portfolio to Saint Maarten demonstrates strategic specialization, with plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings representing a key competitive advantage in this bilateral market.
Saint Maarten → Saint Vincent and the Grenadines Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Vincent and the Grenadines's import pattern from Saint Maarten reveals significant dependencyin wine: still, in containers holding more than 10 litres, 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 exportingplastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings to Saint Maarten, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $378,560 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Vincent and the Grenadines-Saint Maarten Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $378.56 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Vincent and the Grenadines maintains a deficit of $378.56 thousand
- Export Focus: Saint Vincent and the Grenadines's primary exports include plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings, nuts, edible: coconuts, fresh or dried, other than desiccated or in the inner shell (endocarp), vegetable roots and tubers: arrowroot, salep, jerusalem artichokes and similar roots and tubers (not manioc, sweet potatoes, yams, taro or yautia), high starch or inulin content, fresh, chilled, frozen, dried, sliced or not, or in pellet form: sago pith
- Import Dependencies: Key imports from Saint Maarten include wine: still, in containers holding more than 10 litres, wine: sparkling, electrical inductors: n.e.c. in heading no. 8504
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 $378,560 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 plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings.
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 plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittingscomplements Saint Maarten's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wine: still, in containers holding more than 10 litres.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $378,560 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $378,560 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 $378.56 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings and wine: still, in containers holding more than 10 litres demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Vincent and the Grenadines's trade deficit of $378.56 thousand impacts 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 Maarten represents a total trade volume of $378.56 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Saint Vincent and the Grenadines, with imports exceeding exportsby $378.56 thousand.
Export Strengths
Saint Vincent and the Grenadines's exports to Saint Maarten total $0.00, with competitive advantages in plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings, representing $23,895 orInfinity% of bilateral exports.
Import Dependencies
Imports from Saint Maarten amount to $378.56 thousand, highlighting economic interdependence in wine: still, in containers holding more than 10 litres, with Wine: still, in containers holding more than 10 litres comprising44.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Saint Vincent and the Grenadines's strategic sourcing from Saint Maarten. 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 Maarten in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023