India (IND) and Saint Lucia (LCA) Trade | The Observatory of Economic Complexity

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India-Saint Lucia Trade: In 2023, India exported $6.51M to Saint Lucia. The main products that India exported to Saint Lucia were Cars ($1.76M), Packaged Medicaments ($1.33M), and Coated Flat-Rolled Iron ($375k). Over the past 5 years the exports of India to Saint Lucia have increased at an annualized rate of 5.07%, from $5.08M in 2018 to $6.51M in 2023.

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

Saint Lucia-India Trade: In 2023, Saint Lucia exported $817k to India. The main products that Saint Lucia exported to India were Scrap Aluminium ($352k), Scrap Iron ($153k), and Industrial Fatty Acids, Oils and Alcohols ($148k). Over the past 5 years the exports of Saint Lucia to India have increased at an annualized rate of 1.21%, from $751k in 2018 to $817k in 2023.

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

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Saint Lucia ranked 199 in total exports ($67.7M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, India exported $464k and imported $176k from Saint Lucia, resulting in a positive trade balance of $288k. Between November 2023 and November 2024 the exports of India have decreased by $-3.69k (-0.79%) from $468k to $464k, while imports increased by $157 (0.089%) from $176k to $176k.

Trade In November 2024, the top exports of India to Saint Lucia were Motor Vehicle/Cars ($265k), Drug Formulations, Biologicals ($54k), Petroleum Products ($15.1k), Medical And Scientific Instrum ($14k), and Milled Products ($8.96k). In November 2024 the top imports of India from Saint Lucia were .

Growth In November 2024, the decrease in India's year-by-year exports to Saint Lucia was explained primarily by an decrease in product exports in Packaging Materials ($-59.2k or -99.9%), Other Commodities ($-24.6k or -99.9%), and Products Of Iron And Steel ($-22.5k or -99.6%). In November 2024, the increase in India's year-by-year imports from Saint Lucia was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-3.69k(-0.79%)

IMPORT GROWTH (November 2023 - November 2024)$157(0.089%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $6.51M to Saint Lucia. The main products exported from India to Saint Lucia were Cars ($1.76M), Packaged Medicaments ($1.33M), and Coated Flat-Rolled Iron ($375k). During the last 5 years the exports of India to Saint Lucia have increased at an annualized rate of 5.07%, from $5.08M in 2018 to $6.51M in 2023.

In 2018, Saint Lucia exported $817k to India. The main products exported from Saint Lucia to India were Scrap Aluminium ($352k), Scrap Iron ($153k), and Industrial Fatty Acids, Oils and Alcohols ($148k). During the last 5 years the exports of Saint Lucia to India have increased at an annualized rate of 1.21%, from $751k in 2023 to $817k in 2018.

Exports from India () to Saint Lucia () (2023)

Exports from Saint Lucia () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Saint Lucia
Top DestinationGuyana$13.2M

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

In 2023, countries that imported more from India than Saint Lucia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Difference in imports from Saint Lucia () and India () (2023)

Comparative Advantage India - Saint Lucia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Saint Lucia in the exports of Transportation ($1.8M), Chemical Products ($1.69M), and Metals ($829k).

During 2018, Saint Lucia had a large net trade with India in the exports of Metals ($564k), Chemical Products ($148k), and Paper Goods ($105k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Saint Lucia. This means that a dot/product with the flag of India 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 India.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Saint Lucia () (2023)

Exports from Saint Lucia () to India () (2023)

Market Competitiveness

Difference in imports from Saint Lucia () and India () (2023)

Comparative Advantage India - Saint Lucia

Economic Complexity

Competitive Landscape

Product Space of India () and Saint Lucia () (2023)

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