St. Vincent and the Grenadines: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Key figures

What the numbers say

In 2023, St. Vincent and the Grenadines' merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 1.28 percentage points on 2022 (from 1.46% to 0.19%).

Across the 24 yearly changes before that (1997 to 2022), the average change was +0.05 percentage points and a typical year strayed about 10.76 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 35.38 percentage points in 2021 and the biggest yearly fall was 33.99 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 9% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, St. Vincent and the Grenadines had the 166th highest value of the 196 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to St. Vincent and the Grenadines in the 2023 ranking

• Suriname — 162nd of 196: 0.23%
• Philippines — 163rd of 196: 0.21%
• St. Kitts and Nevis — 164th of 196: 0.2%
• Myanmar — 166th of 196: 0.17%
• Kyrgyz Republic — 167th of 196: 0.15%
• Libya — 168th of 196: 0.14%

What this measures

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 30 values

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in nearby economies

• Antigua and Barbuda — 1.52% (2023)
• Argentina — 1.46% (2023)
• Aruba — 0.00203% (2023)
• Bahamas, The — 37.05% (2023)
• Barbados — 0.03% (2023)
• Belize — 0.02% (2023)
• Bolivia

More private sector & trade data for St. Vincent and the Grenadines

• Merchandise trade (% of GDP) — 43.5% (2025)
• Merchandise imports (current US$) — US$509 million (2025)
• Merchandise exports (current US$) — US$37 million (2025)
• Insurance and financial services (% of commercial service imports) — 13.5% (2025)
• Computer, communications and other services (% of commercial service imports) — 22.01% (2025)
• Commercial service imports (current US$) — US$209.19 million (2025)
• Transport services (% of commercial service imports) — 44.28% (2025)
• Travel services (% of commercial service imports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is St. Vincent and the Grenadines's merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?

0.19% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is up 0.17 percentage points from 0.02% in 1979. The highest value was 35.45% in 2021 and the lowest 0.000333% in 1988.

How does St. Vincent and the Grenadines rank?

166th highest of 196 economies with data for 2023.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.R6.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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