Saint Lucia (LCA) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Saint Lucia-Venezuela Trade: In 2019, Saint Lucia exported $137k to Venezuela. The main products that Saint Lucia exported to Venezuela were N/A. Over the past 8 years the exports of Saint Lucia to Venezuela have decreased at an annualized rate of 2.67%, from $170k in 2011 to $137k in 2019.

In 2019, Saint Lucia did not export any services to Venezuela.

Venezuela-Saint Lucia Trade: In 2019, Venezuela exported $37.8k to Saint Lucia. The main products that Venezuela exported to Saint Lucia were N/A. Over the past 8 years the exports of Venezuela to Saint Lucia have increased at an annualized rate of 44.2%, from $6.06k in 2011 to $37.8k in 2019.

In 2019, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Saint Lucia exported $137k to Venezuela. There were not main exports from Saint Lucia to Venezuela in 2019. During the last 8 years the exports of Saint Lucia to Venezuela have decreased at an annualized rate of 2.67%, from $170k in 2011 to $137k in 2019.

In 2015, Venezuela exported $37.8k to Saint Lucia. There were not main exports from Venezuela to Saint Lucia in 2015. During the last 5 years the exports of Venezuela to Saint Lucia have increased at an annualized rate of 44.2%, from $6.06k in 2020 to $37.8k in 2015.

Exports from Saint Lucia () to Venezuela () (2020)

Exports from Venezuela () to Saint Lucia () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saint Lucia
Top DestinationUnited States$9.2M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Saint Lucia than Venezuela included Barbados ($4.73M), Trinidad and Tobago ($7.58M), and Grenada ($3.07M).

In 2022, countries that imported more from Venezuela than Saint Lucia included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Saint Lucia - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Saint Lucia had a large net trade with Venezuela in the exports of .

During 2015, Venezuela had a large net trade with Saint Lucia in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Saint Lucia () to Venezuela () (2020)

Exports from Venezuela () to Saint Lucia () (2020)

Market Competitiveness

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

Comparative Advantage Saint Lucia - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saint Lucia () and Venezuela () (2020)

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