Saint Lucia-Other Asia, nes Bilateral Trade Analysis 2023
Complete trade statistics: $431,120 total volume •Saint Lucia surplus: $431,120
Saint Lucia → Other Asia, nes
$431,120
Exports (2023)
Other Asia, nes → Saint Lucia
$0
Imports (2023)
Trade Balance
$431,120
Surplus for Saint Lucia
Total Trade
$431,120
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Lucia and Other Asia, nes. 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-Other Asia, nes commercial relationship and competitive positioning in global markets.
Saint Lucia → Other Asia, nes Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Lucia's export portfolio to Other Asia, nes demonstrates strategic specialization, with ferrous waste and scrap: n.e.c. in heading no. 7204 representing a key competitive advantage in this bilateral market.
Other Asia, nes → Saint Lucia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Lucia's import pattern from Other Asia, nes reveals significant dependencyin iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Saint Lucia demonstrates competitive strength in exportingferrous waste and scrap: n.e.c. in heading no. 7204 to Other Asia, nes, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $431,120 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Lucia-Other Asia, nes Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $431.12 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Lucia maintains a surplus of $431.12 thousand
- Export Focus: Saint Lucia's primary exports include ferrous waste and scrap: n.e.c. in heading no. 7204, rum and other spirits obtained by distilling fermented sugar-cane products, spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208
- Import Dependencies: Key imports from Other Asia, nes include iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics, rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), iron or steel: threaded self-tapping screws
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 $431,120 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 ferrous waste and scrap: n.e.c. in heading no. 7204.
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 ferrous waste and scrap: n.e.c. in heading no. 7204complements Other Asia, nes's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $431,120 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $431,120 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 $431.12 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in ferrous waste and scrap: n.e.c. in heading no. 7204 and iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Lucia's trade surplus of $431.12 thousand 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 Other Asia, nes represents a total trade volume of $431.12 thousand in 2023. This partnership demonstrates a favorable trade balance for Saint Lucia, with exports exceeding importsby $431.12 thousand.
Export Strengths
Saint Lucia's exports to Other Asia, nes total $431.12 thousand, with competitive advantages in ferrous waste and scrap: n.e.c. in heading no. 7204, representing $426,947 or99.0% of bilateral exports.
Import Dependencies
Imports from Other Asia, nes amount to $0.00, highlighting economic interdependence in iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics, with Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics comprisingInfinity% 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 Other Asia, nes in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023