Saint Lucia (LCA) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Saint Lucia-Bermuda Trade: In 2022, Saint Lucia exported $494 to Bermuda. The main products that Saint Lucia exported to Bermuda were Other Processed Fruits and Nuts ($471) and Tea ($23). Over the past 5 years the exports of Saint Lucia to Bermuda have decreased at an annualized rate of 62.6%, from $67.1k in 2017 to $494 in 2022.

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

Bermuda-Saint Lucia Trade: In 2022, Bermuda exported $15k to Saint Lucia. The main products that Bermuda exported to Saint Lucia were N/A. Over the past 5 years the exports of Bermuda to Saint Lucia have increased at an annualized rate of 79.2%, from $815 in 2017 to $15k in 2022.

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

Comparison In 2022, Saint Lucia ranked 201 in total exports ($53.5M). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saint Lucia exported $494 to Bermuda. The main products exported from Saint Lucia to Bermuda were Other Processed Fruits and Nuts ($471) and Tea ($23). During the last 5 years the exports of Saint Lucia to Bermuda have decreased at an annualized rate of 62.6%, from $67.1k in 2017 to $494 in 2022.

In 2015, Bermuda exported $15k to Saint Lucia. There were not main exports from Bermuda to Saint Lucia in 2015. During the last 5 years the exports of Bermuda to Saint Lucia have increased at an annualized rate of 79.2%, from $815 in 2020 to $15k in 2015.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saint Lucia
Top DestinationUnited States$9.2M

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Saint Lucia than Bermuda included Guyana ($8.7M), Trinidad and Tobago ($7.58M), and Barbados ($4.73M).

In 2022, countries that imported more from Bermuda than Saint Lucia included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Saint Lucia - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saint Lucia had a large net trade with Bermuda in the exports of Foodstuffs ($471) and Vegetable Products ($23).

During 2015, Bermuda 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 Bermuda. This means that a dot/product with the flag of Saint Lucia indicates it has a comparative advantage over Bermuda. Similarly, a dot/product with the flag of Bermuda indicates it has a comparative advantage over Saint Lucia.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Saint Lucia - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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