In 2020, Saint Lucia exported a total of $37M, making it the number 201 exporter in the world. During the last five reported years the exports of Saint Lucia have changed by -$236M from $273M in 2015 to $37M in 2020.
In 2018, Saint Lucia exported $1.07B worth of services. The top services exported by Saint Lucia in 2018 were Travel ($989M), Government services, n.i.e. ($28.9M), Other business services ($24.2M), Transportation ($13.6M), and Computer and information services ($12M).
The top services imported by Saint Lucia in 2018 were Other business services ($192M), Transportation ($100M), Travel ($56.3M), Insurance services ($22.7M), and Royalties and license fees ($9.22M).
The top export opportunities for Saint Lucia according to the relatedness index, are Soap (0.12), Non-fillet Frozen Fish (0.12), Gold (0.12), Collector's Items (0.12), and Fish Fillets (0.11). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Saint Lucia is not specialized in.
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.
This network shows the products most related to the production structure of Saint Lucia. These are products that tend to be co-exported with the products that Saint Lucia exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
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.