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Pricing

2022
Flag → Flag
Exports $5.35MRnk 180 / 220
2022
Flag → Flag
Top Product $1.81MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $371kRnk 17 / 63
2022
Flag → Flag
Top Product $178kIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$2.07BCURRENT US$
Rnk 167 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC$11,481CURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP PC GROWTH24.4%CURRENT US$
Rnk 73 / 186

About

South Korea-Saint Lucia In 2022, South Korea exported $5.35M to Saint Lucia. The main products that South Korea exported to Saint Lucia are Coated Flat-Rolled Iron ($1.81M), Cars ($1.77M), and Large Construction Vehicles ($651k). During the last 27 years the exports of South Korea to Saint Lucia have increased at an annualized rate of 2.64%, from $2.65M in 1995 to $5.35M in 2022.

In 2022, South Korea did not export any services to Saint Lucia.

Saint Lucia-South Korea In 2022, Saint Lucia exported $371k to South Korea. The main products that Saint Lucia exported to South Korea were Industrial Fatty Acids, Oils and Alcohols ($178k), Scrap Aluminium ($105k), and Scrap Iron ($87.3k). During the last 27 years the exports of Saint Lucia to South Korea have increased at an annualized rate of 5.64%, from $84.2k in 1995 to $371k in 2022.

In 2022, Saint Lucia did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). That same year, Saint Lucia ranked 201 in total exports ($53.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $346k and imported $0 from Saint Lucia, resulting in a positive trade balance of $346k. Between February 2023 and February 2024 the exports of South Korea have decreased by $-202k (-36.9%) from $548k to $346k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In February 2024, the top exports of South Korea to Saint Lucia were Iron & steel ($38k), Cars, tractors, trucks & parts thereof. ($16k), Machinery, mechanical appliances, & parts ($2k), Chemical products n.e.s. ($1k), and Rubber & articles thereof ($0). In February 2024 the top imports of South Korea from Saint Lucia were Electrical machinery and electronics ($28k), Iron & steel ($9k), Chemical products n.e.s. ($0), Rubber & articles thereof ($0), and Iron or steel articles ($0).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Saint Lucia was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. ($-169k or -91.4%), Iron & steel ($-79k or -67.5%), and Machinery, mechanical appliances, & parts ($-50k or -96.2%). In February 2024, the change in South Korea's year-by-year imports  from Saint Lucia was explained primarily by an decrease in product imports  in Electrical machinery and electronics ($-2k or -6.67%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$-202k(-36.9%)
IMPORT GROWTH (February 2023 - February 2024)$0(N/A%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Saint Lucia and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $5.35M to Saint Lucia. The main products exported from South Korea to Saint Lucia were Coated Flat-Rolled Iron ($1.81M), Cars ($1.77M), and Large Construction Vehicles ($651k). During the last 27 years the exports of South Korea to Saint Lucia have increased at an annualized rate of 2.64%, from $2.65M in 1995 to $5.35M in 2022.

In 2022, Saint Lucia exported $371k to South Korea. The main products exported from Saint Lucia to South Korea were Industrial Fatty Acids, Oils and Alcohols ($178k), Scrap Aluminium ($105k), and Scrap Iron ($87.3k). During the last 26 years the exports of Saint Lucia to South Korea have increased at an annualized rate of 5.64%, from $84.2k in 1996 to $371k in 2022.

Exports from South Korea (Flag) to Saint Lucia (Flag) (2022)

Exports from Saint Lucia (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Saint Lucia
Top DestinationUnited States$9.2M

This map shows whether countries import more from South Korea or Saint Lucia. Each country is colored based on the difference in imports they receive from South Korea and Saint Lucia or the difference in the growth in imports.

In 2021, countries that imported more from South Korea than Saint Lucia were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Saint Lucia than South Korea were Grenada ($3.07M).

Difference in imports from Saint Lucia (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Saint Lucia

Flow
Scale

This chart compares trade between South Korea and Saint Lucia by product, considering products traded by both, South Korea and Saint Lucia.

During 2022, South Korea had a large net trade with Saint Lucia in the exports of Transportation ($2.08M), Metals ($1.85M), and Machines ($1.23M).

During 2022, Saint Lucia had a large net trade with South Korea in the exports of Metals ($192k), Chemical Products ($178k), and Machines ($787).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Saint Lucia. Similarly, the more yellow a dot/product is, the more Saint Lucia has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Saint Lucia (Flag) (2022)

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