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2022
Product
Exports | Imports $8.29M | $67.8M218 of 226 |  215 of 226

About

Overview In 2022 Saint Pierre and Miquelon was the number 218 economy in the world in terms of total exports and the number 215 in total imports.

Exports The top exports of Saint Pierre and Miquelon are Processed Crustaceans ($5.06M), Molluscs ($1.92M), Non-fillet Frozen Fish ($476k), Special purpose motor vehicles ($94.8k), and Motor vehicles; parts and accessories (8701 to 8705) ($89.7k), exporting mostly to Canada ($6.94M), France ($882k), Ireland ($269k), Slovakia ($77k), and Democratic Republic of the Congo ($28.1k).

Imports The top imports of Saint Pierre and Miquelon are Refined Petroleum ($17M), Packaged Medicaments ($3.17M), Other Edible Preparations ($2.93M), Other Plastic Products ($1.84M), and Cars ($1.74M), importing mostly from France ($35.5M), Canada ($28.2M), Netherlands ($1.25M), Germany ($1M), and Belgium ($705k).

Location Saint Pierre and Miquelon borders United States by land and Canada by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Saint Pierre and Miquelon.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Processed Crustaceans$5.06M
Top Destination (2022)Canada$6.94M

In 2022, Saint Pierre and Miquelon exported a total of $8.29M, making it the number 218 exporter in the world. During the last five reported years the exports of Saint Pierre and Miquelon have changed by $3.3M from $4.99M in 2017 to $8.29M in 2022.

The most recent exports are led by Processed Crustaceans ($5.06M), Molluscs ($1.92M), Non-fillet Frozen Fish ($476k), Special purpose motor vehicles ($94.8k), and Motor vehicles; parts and accessories (8701 to 8705) ($89.7k). The most common destination for the exports of Saint Pierre and Miquelon are Canada ($6.94M), France ($882k), Ireland ($269k), Slovakia ($77k), and Democratic Republic of the Congo ($28.1k).

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Exports (2022)
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Destinations (2022)
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Market Growth

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Growth
Fastest Growing Export Markets (2021 - 2022)
France$329k (+ 59.6%)
Slovakia$68.3k (+ 784%)
Ireland$28.9k (+ 12%)
Fastest Growing Import Markets (2021 - 2022)
Canada$936k (+ 3.43%)
Germany$773k (+ 335%)
United States$122k (+ 3.3k%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Economic Complexity

Most Specialized Products by RCA Index

Saint Pierre and Miquelon has a high level of specialization in Processed Crustaceans (703), Molluscs (425), Pickled Foods (94.8), Non-fillet Frozen Fish (48.4), and Large Iron Containers (25.9). Specialization is measured using RCA, an index that takes the ratio between Saint Pierre and Miquelon observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Saint Pierre and Miquelon according to the relatedness index, were Crustaceans (0.049), Gold (0.046), Non-fillet Fresh Fish (0.046), Fish Fillets (0.045), and Scrap Iron (0.044). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Saint Pierre and Miquelon is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Saint Pierre And Miquelon. These are products that tend to be co-exported with the products that Saint Pierre And Miquelon exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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