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

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India-Saint Lucia Trade: In 2022, India exported $4.68M to Saint Lucia. The main products that India exported to Saint Lucia were Packaged Medicaments ($1.13M), Cars ($926k), and Coated Flat-Rolled Iron ($610k). Over the past 5 years the exports of India to Saint Lucia have increased at an annualized rate of 1.81%, from $4.27M in 2017 to $4.68M in 2022.

In 2022, India did not export any services to Saint Lucia.

Saint Lucia-India Trade: In 2022, Saint Lucia exported $100k to India. The main products that Saint Lucia exported to India were Light Fixtures ($62.7k), Electrical Parts ($19.5k), and Scrap Lead ($17.8k). Over the past 5 years the exports of Saint Lucia to India have decreased at an annualized rate of 36.1%, from $2.29M in 2017 to $100k in 2022.

In 2022, Saint Lucia did not export any services to India.

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Saint Lucia ranked 201 in total exports ($53.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

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Overview In June 2024, India exported $650k and imported $186k from Saint Lucia, resulting in a positive trade balance of $464k. Between June 2023 and June 2024 the exports of India have increased by $343k (111%) from $308k to $650k, while imports increased by $115k (162%) from $70.8k to $186k.

Trade In June 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 June 2024 the top imports of India from Saint Lucia were .

Growth In June 2024, the increase in India's year-by-year exports to Saint Lucia was explained primarily by an increase in product exports in Motor Vehicle/Cars ($180k or 213%), Medical And Scientific Instrum ($10.4k or 284%), and Cosmetics And Toiletries ($6.68k or 3.79k%). In June 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 (June 2023 - June 2024)$343k(111%)

IMPORT GROWTH (June 2023 - June 2024)$115k(162%)

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 2022, India exported $4.68M to Saint Lucia. The main products exported from India to Saint Lucia were Packaged Medicaments ($1.13M), Cars ($926k), and Coated Flat-Rolled Iron ($610k). During the last 5 years the exports of India to Saint Lucia have increased at an annualized rate of 1.81%, from $4.27M in 2017 to $4.68M in 2022.

In 2017, Saint Lucia exported $100k to India. The main products exported from Saint Lucia to India were Light Fixtures ($62.7k), Electrical Parts ($19.5k), and Scrap Lead ($17.8k). During the last 5 years the exports of Saint Lucia to India have decreased at an annualized rate of 36.1%, from $2.29M in 2022 to $100k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Saint Lucia
Top DestinationUnited States$9.2M

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 2022, countries that imported more from India than Saint Lucia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Saint Lucia than India included Montserrat ($1.29M).

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

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 2022, India had a large net trade with Saint Lucia in the exports of Chemical Products ($1.31M), Transportation ($927k), and Metals ($911k).

During 2017, Saint Lucia had a large net trade with India in the exports of Miscellaneous ($62.7k), Machines ($19.5k), and Metals ($17.8k).

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 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 () (2022)

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

Market Competitiveness

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

Comparative Advantage India - Saint Lucia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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