Saint Lucia (LCA) and Panama (PAN) Trade | The Observatory of Economic Complexity

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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 $238k to Saint Lucia. The main products that Panama exported to Saint Lucia were Molasses ($238k). Over the past 5 years the exports of Panama to Saint Lucia have decreased at an annualized rate of 37%, from $9.55M in 2015 to $238k in 2020.

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

Comparison In 2022, Saint Lucia ranked 201 in total exports ($53.5M), and does not have data regarding Economic Complexity Index. That same year, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 2017, Panama exported $238k to Saint Lucia. The main products exported from Panama to Saint Lucia were Molasses ($238k). During the last 5 years the exports of Panama to Saint Lucia have decreased at an annualized rate of 37%, from $9.55M in 2022 to $238k in 2017.

Exports from Saint Lucia () to Panama () (2022)

Exports from Panama () to Saint Lucia () (2022)

Latest Data

Trade between Saint Lucia () and Panama ()

Panama Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saint Lucia
Top DestinationUnited States$9.2M

Panama
Top DestinationChina$1.14B

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 2022, countries that imported more from Saint Lucia than Panama included Montserrat ($1.29M) and Ireland ($1.62M).

In 2022, countries that imported more from Panama than Saint Lucia included China ($1.14B), Japan ($785M), and South Korea ($539M).

Difference in imports from Panama () and Saint Lucia () (2022)

Comparative Advantage Saint Lucia - Panama

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, Panama had a large net trade with Saint Lucia in the exports of Foodstuffs ($238k).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Saint Lucia () to Panama () (2022)

Exports from Panama () to Saint Lucia () (2022)

Latest Data

Trade between Saint Lucia () and Panama ()

Panama Exports

Market Competitiveness

Difference in imports from Panama () and Saint Lucia () (2022)

Comparative Advantage Saint Lucia - Panama

Economic Complexity

Competitive Landscape

Product Space of Saint Lucia () and Panama () (2022)

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