About

Overview In 2021 Saint Lucia was the number 137 economy in the world in terms of total exports and the number 152 in total imports.

Exports The top exports of Saint Lucia are Crude Petroleum ($1.24B), Mixed Mineral or Chemical Fertilizers ($393M), Refined Petroleum ($357M), Propylene Polymers ($190M), and Raw Aluminium ($175M), exporting mostly to Brazil ($2.7B), United States ($8.19M), Guyana ($7.49M), Suriname ($6.42M), and Barbados ($6.33M).

Imports The top imports of Saint Lucia are Crude Petroleum ($710M), Poultry Meat ($667M), Raw Sugar ($432M), Refined Petroleum ($395M), and Soybeans ($172M), importing mostly from Brazil ($2.25B), United States ($478M), Russia ($285M), Colombia ($247M), and Trinidad and Tobago ($63.2M).

Location Saint Lucia borders Barbados, France, Saint Vincent and the Grenadines, and Venezuela by sea.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Saint Lucia.

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

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

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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.

Subscribe today to OEC pro and access the latest data

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Subscribe today to OEC pro and access the latest data

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Crude Petroleum$1.24B
Top Destination (2021)Brazil$2.7B

In 2021, Saint Lucia exported a total of $2.75B, making it the number 137 exporter in the world. During the last five reported years the exports of Saint Lucia have changed by $1.32B from $1.43B in 2016 to $2.75B in 2021.

The most recent exports are led by Crude Petroleum ($1.24B), Mixed Mineral or Chemical Fertilizers ($393M), Refined Petroleum ($357M), Propylene Polymers ($190M), and Raw Aluminium ($175M). The most common destination for the exports of Saint Lucia are Brazil ($2.7B), United States ($8.19M), Guyana ($7.49M), Suriname ($6.42M), and Barbados ($6.33M).

Explore Visualizations

Exports (2021)
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Destinations (2021)
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Market Growth

Flow
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Fastest Growing Export Markets (2020 - 2021)
Brazil$1.24B (+ 84.9%)
Suriname$5.06M (+ 373%)
Guyana$2.11M (+ 39.1%)
Fastest Growing Import Markets (2020 - 2021)
Brazil$327M (+ 17%)
Russia$285M (+ 1.38M%)
United States$41.9M (+ 9.6%)

Total Export Growth by Market (2020 - 2021)

Service Trade

Service Trade

Saint Lucia Exports Services (2018)$1.07B
Saint Lucia Imports Services (2018)$398M

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).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Saint Lucia has a high level of specialization in Mixed Mineral or Chemical Fertilizers (85.9), Sulphur (56.3), Propylene Polymers (25.9), Other Paints (20), and Raw Aluminium (17). Specialization is measured using RCA, an index that takes the ratio between Saint Lucia observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Saint Lucia according to the product complexity index (PCI) are Halogenated derivatives of hydrocarbons (0.94), Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins,... (0.76), Polymers of styrene, in primary forms (0.71), Cyclic hydrocarbons (0.67), and Synthetic rubber and factice derived from oils, in primary forms or in... (0.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Saint Lucia according to the relatedness index, were Petroleum Gas (0.055), Ammonia (0.049), Iron Reductions (0.04), Special Purpose Ships (0.04), and Tug Boats (0.039). 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.

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 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.

Diversification Frontier

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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.

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