2023
Flag  
GDP
$2.43BCURRENT US$
Rnk 172 / 195
2013-2023
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GDP GROWTH
46.4%CURRENT US$
Rnk 81 / 195
2023
Flag
 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 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
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Saint Lucia-Finland Trade: In 2023, Saint Lucia exported $1.77k to Finland. The main products that Saint Lucia exported to Finland were Excavation Machinery ($1.25k), Electric Motors ($480), and Computers ($37). Over the past 6 years the exports of Saint Lucia to Finland have decreased at an annualized rate of 7.58%, from $2.84k in 2017 to $1.77k in 2023.

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

Finland-Saint Lucia Trade: In 2023, Finland exported $1.85M to Saint Lucia. The main products that Finland exported to Saint Lucia were Other Heating Machinery ($888k), Electric Motor Parts ($501k), and Transmissions ($212k). Over the past 6 years the exports of Finland to Saint Lucia have increased at an annualized rate of 22.9%,  from $659k in 2017 to $1.85M in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Lucia exported $1.77k to Finland. The main products exported from Saint Lucia to Finland were Excavation Machinery ($1.25k), Electric Motors ($480), and Computers ($37). During the last 6 years the exports of Saint Lucia to Finland have decreased at an annualized rate of 7.58%, from $2.84k in 2017 to $1.77k in 2023.

In 2018, Finland exported $1.85M to Saint Lucia. The main products exported from Finland to Saint Lucia were Other Heating Machinery ($888k), Electric Motor Parts ($501k), and Transmissions ($212k). During the last 5 years the exports of Finland to Saint Lucia have increased at an annualized rate of 22.9%, from $659k in 2023 to $1.85M in 2018.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Saint Lucia
Top Destination
Guyana$13.2M
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from Saint Lucia than Finland included Suriname ($10.3M), Barbados ($5.55M), and Guyana ($13.2M).

In 2023, countries that imported more from Finland than Saint Lucia included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Saint Lucia - Finland

Flow
Scale

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

During 2023, Saint Lucia had a large net trade with Finland in the exports of Machines ($1.77k).

During 2018, Finland had a large net trade with Saint Lucia in the exports of Machines ($1.77M), Instruments ($72.2k), and Chemical Products ($7.82k).

Economic Complexity

Competitive Landscape

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

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

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