2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP
$2.43BCURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP GROWTH
46.4%CURRENT US$
Rnk 81 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$13,555CURRENT US$
Rnk 76 / 196
2013-2023
Flag
GDP PC GROWTH
41.5%CURRENT US$
Rnk 60 / 195

About

South Korea-Saint Lucia Trade: In 2022, South Korea exported $5.35M to Saint Lucia. The main products that South Korea exported to Saint Lucia were N/A. Over the past 5 years the exports of South Korea to Saint Lucia have increased at an annualized rate of 17.3%, from $2.41M in 2017 to $5.35M in 2022.

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

Saint Lucia-South Korea Trade: In 2022, Saint Lucia exported $411k to South Korea. The main products that Saint Lucia exported to South Korea were N/A. Over the past 5 years the exports of Saint Lucia to South Korea have decreased at an annualized rate of 30.2%,  from $2.48M in 2017 to $411k in 2022.

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

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Saint Lucia ranked 199 in total exports ($67.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $5.35M to Saint Lucia. There were not main exports from South Korea to Saint Lucia in 2022. During the last 5 years the exports of South Korea to Saint Lucia have increased at an annualized rate of 17.3%, from $2.41M in 2017 to $5.35M in 2022.

In 2017, Saint Lucia exported $411k to South Korea. There were not main exports from Saint Lucia to South Korea in 2017. During the last 5 years the exports of Saint Lucia to South Korea have decreased at an annualized rate of 30.2%, from $2.48M in 2022 to $411k in 2017.

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 Destination
China$162B
Saint Lucia
Top Destination
Guyana$13.2M

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 2023, countries that imported more from South Korea than Saint Lucia included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Saint Lucia than South Korea included Suriname ($10.3M), Dominica ($4.87M), and Saint Vincent and the Grenadines ($3.29M).

Difference in imports from Saint Lucia (Flag) and South Korea (Flag) (2023)

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 .

During 2017, Saint Lucia had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Saint Lucia. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Saint Lucia. Similarly, a dot/product with the flag of Saint Lucia indicates it has a comparative advantage over South Korea.

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

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