Saint Lucia

Saint Lucia

View Profile →
↔
India

Saint Lucia-India Bilateral Trade Analysis 2023

Complete trade statistics: $7.32M total volume •Saint Lucia deficit: $5.69M

Saint Lucia → India

$817,140

Exports (2023)

India → Saint Lucia

$6.51M

Imports (2023)

Trade Balance

$5.69M

Deficit for Saint Lucia

Total Trade

$7.32M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Saint Lucia and India. 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-India commercial relationship and competitive positioning in global markets.

Saint Lucia → India Exports

$817,140
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
43.1% top product
1Aluminium: waste and scrap
$352,144
43.1% of exports
2Ferrous waste and scrap: n.e.c. in heading no. 7204
$152,539
18.7% of exports
3Waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators
$148,256
18.1% of exports
4Paper or paperboard: waste and scrap, of unbleached kraft paper or paperboard or corrugated paper or paperboard
$69,239
8.5% of exports
5Copper: waste and scrap
$58,890
7.2% of exports

🎯 Strategic Export Focus

Saint Lucia's export portfolio to India demonstrates strategic specialization, with aluminium: waste and scrap representing a key competitive advantage in this bilateral market.

India → Saint Lucia Imports

$6.51M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
23.5% concentration
1Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$1.53M
23.5% of imports
2Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$1.17M
18.0% of imports
3Iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium zinc-alloys
$200,835
3.1% of imports
4Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$187,832
2.9% of imports
5Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%
$187,064
2.9% of imports

📦 Import Strategy Analysis

Saint Lucia's import pattern from India reveals significant dependencyin vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Saint Lucia demonstrates competitive strength in exportingaluminium: waste and scrap to India, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $7.32M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Saint Lucia-India Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $7.32 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Saint Lucia maintains a deficit of $5.69 million
  • Export Focus: Saint Lucia's primary exports include aluminium: waste and scrap, ferrous waste and scrap: n.e.c. in heading no. 7204, waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators
  • Import Dependencies: Key imports from India include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium zinc-alloys

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $7.32M 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 aluminium: waste and scrap.

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

1

Comparative Advantage

Saint Lucia's specialization in aluminium: waste and scrapcomplements India's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $7.32M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $7.32M 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 $7.32 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in aluminium: waste and scrap and vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Saint Lucia's trade deficit of $5.69 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in ferrous waste and scrap: n.e.c. in heading no. 7204 present expansion opportunities.
Market Diversification
Beyond current focus on vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in aluminium: waste and scrap may affect future market positioning.

🎯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 India represents a total trade volume of $7.32 million in 2023. This partnership demonstrates an unfavorable trade balance for Saint Lucia, with imports exceeding exportsby $5.69 million.

Export Strengths

Saint Lucia's exports to India total $817.14 thousand, with competitive advantages in aluminium: waste and scrap, representing $352,144 or43.1% of bilateral exports.

Import Dependencies

Imports from India amount to $6.51 million, highlighting economic interdependence in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, with Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc comprising23.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Saint Lucia's strategic sourcing from India. 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 India in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023