2023
Flag  
GDP
$2.43BCURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP GROWTH
46.4%CURRENT US$
Rnk 81 / 195
2023
Flag
 GDP
$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH
77.5%CURRENT US$
Rnk 32 / 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
$18,686CURRENT US$
Rnk 65 / 196
2013-2023
Flag
GDP PC GROWTH
52.3%CURRENT US$
Rnk 43 / 195

About

Saint Lucia-Panama Trade: In 2020, Saint Lucia exported $4.07k to Panama. The main products that Saint Lucia exported to Panama were N/A. Over the past 5 years the exports of Saint Lucia to Panama have decreased at an annualized rate of 60.3%, from $414k in 2015 to $4.07k in 2020.

In 2020, Saint Lucia did not export any services to Panama.

Panama-Saint Lucia Trade: In 2020, Panama exported $406k to Saint Lucia. The main products that Panama exported to Saint Lucia were Concentrated Milk ($406k). Over the past 5 years the exports of Panama to Saint Lucia have decreased at an annualized rate of 46.3%,  from $9.13M in 2015 to $406k in 2020.

In 2020, Panama 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, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Saint Lucia exported $4.07k to Panama. There were not main exports from Saint Lucia to Panama in 2020. During the last 5 years the exports of Saint Lucia to Panama have decreased at an annualized rate of 60.3%, from $414k in 2015 to $4.07k in 2020.

In 2018, Panama exported $406k to Saint Lucia. The main products exported from Panama to Saint Lucia were Concentrated Milk ($406k). During the last 5 years the exports of Panama to Saint Lucia have decreased at an annualized rate of 46.3%, from $9.13M in 2023 to $406k in 2018.

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

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

Latest Data

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

Panama Exports

Market Competitiveness

Color
Saint Lucia
Top Destination
Guyana$13.2M
Panama
Top Destination
China$1.62B

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

In 2023, countries that imported more from Saint Lucia than Panama included Dominica ($4.87M), Saint Vincent and the Grenadines ($3.29M), and Montenegro ($385k).

In 2023, countries that imported more from Panama than Saint Lucia included China ($1.62B), Japan ($653M), and United States ($385M).

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

Comparative Advantage Saint Lucia - Panama

Flow
Scale

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

During 2020, Saint Lucia had a large net trade with Panama in the exports of .

During 2018, Panama had a large net trade with Saint Lucia in the exports of Animal Products ($406k).

Economic Complexity

Competitive Landscape

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

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

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