2023
Flag  
GDP
$2.43BCURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP GROWTH
46.4%CURRENT US$
Rnk 81 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$13,555CURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP PC GROWTH
41.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Saint Lucia-Spain Trade: In 2023, Saint Lucia exported $867 to Spain. The main products that Saint Lucia exported to Spain were Electrical Capacitors ($722) and Hard Liquor ($145). Over the past 5 years the exports of Saint Lucia to Spain have decreased at an annualized rate of 63.9%, from $141k in 2018 to $867 in 2023.

In 2023, Saint Lucia did not export any services to Spain.

Spain-Saint Lucia Trade: In 2023, Spain exported $3.08M to Saint Lucia. The main products that Spain exported to Saint Lucia were Industrial Fatty Acids, Oils and Alcohols ($375k), Plastic Lids ($334k), and Other Furniture ($305k). Over the past 5 years the exports of Spain to Saint Lucia have decreased at an annualized rate of 3.88%,  from $3.75M in 2018 to $3.08M in 2023.

In 2023, Spain did not export any services to Saint Lucia.

Comparison In 2023,  Saint Lucia ranked 199 in total exports ($67.7M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Lucia exported $867 to Spain. The main products exported from Saint Lucia to Spain were Electrical Capacitors ($722) and Hard Liquor ($145). During the last 5 years the exports of Saint Lucia to Spain have decreased at an annualized rate of 63.9%, from $141k in 2018 to $867 in 2023.

In 2018, Spain exported $3.08M to Saint Lucia. The main products exported from Spain to Saint Lucia were Industrial Fatty Acids, Oils and Alcohols ($375k), Plastic Lids ($334k), and Other Furniture ($305k). During the last 5 years the exports of Spain to Saint Lucia have decreased at an annualized rate of 3.88%, from $3.75M in 2023 to $3.08M in 2018.

Exports from Saint Lucia (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Saint Lucia (Flag) (2023)

Latest Data

Trade between Saint Lucia (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Saint Lucia
Top Destination
Guyana$13.2M
Spain
Top Destination
France$61.9B

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

In 2023, countries that imported more from Saint Lucia than Spain included Dominica ($4.87M) and Montserrat ($152k).

In 2023, countries that imported more from Spain than Saint Lucia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain (Flag) and Saint Lucia (Flag) (2023)

Comparative Advantage Saint Lucia - Spain

Flow
Scale

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

During 2023, Saint Lucia had a large net trade with Spain in the exports of Machines ($722) and Foodstuffs ($145).

During 2018, Spain had a large net trade with Saint Lucia in the exports of Machines ($424k), Chemical Products ($407k), and Metals ($386k).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Lucia (Flag) and Spain (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with