Saint Lucia-Dominica Bilateral Trade Analysis 2023
Complete trade statistics: $6.43M total volume •Saint Lucia surplus: $3.30M
Saint Lucia → Dominica
$4.87M
Exports (2023)
Dominica → Saint Lucia
$1.57M
Imports (2023)
Trade Balance
$3.30M
Surplus for Saint Lucia
Total Trade
$6.43M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Lucia and Dominica. Green line shows exports from Saint Lucia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Saint Lucia-Dominica commercial relationship and competitive positioning in global markets.
Saint Lucia → Dominica Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Lucia's export portfolio to Dominica demonstrates strategic specialization, with beer: made from malt representing a key competitive advantage in this bilateral market.
Dominica → Saint Lucia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Lucia's import pattern from Dominica reveals significant dependencyin paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Saint Lucia demonstrates competitive strength in exportingbeer: made from malt to Dominica, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.43M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Lucia-Dominica Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.43 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Lucia maintains a surplus of $3.30 million
- Export Focus: Saint Lucia's primary exports include beer: made from malt, waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, wheat or meslin flour
- Import Dependencies: Key imports from Dominica include paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather, plastics: builders' ware, doors, windows and their frames and thresholds for doors, soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $6.43M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Saint Lucia leveraging its comparative advantages in beer: made from malt.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Saint Lucia's specialization in beer: made from maltcomplements Dominica's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.43M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.43M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $6.43 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in beer: made from malt and paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Lucia's trade surplus of $3.30 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Saint Lucia and Dominica represents a total trade volume of $6.43 million in 2023. This partnership demonstrates a favorable trade balance for Saint Lucia, with exports exceeding importsby $3.30 million.
Export Strengths
Saint Lucia's exports to Dominica total $4.87 million, with competitive advantages in beer: made from malt, representing $1.38M or28.4% of bilateral exports.
Import Dependencies
Imports from Dominica amount to $1.57 million, highlighting economic interdependence in paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather, with Paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather comprising34.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Saint Lucia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Saint Lucia and Dominica in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023