Country intelligence · LCA · 2024

Saint Lucia trade profile

In 2024, Saint Lucia recorded $98.0M in merchandise exports and $1.6B in imports, producing a $1.5B trade deficit. Exports changed +26.0% from the previous year, while imports changed +35.6%.[1]

Exports

$98.0M

+26.0%

Imports

$1.6B

+35.6%

Trade balance

-$1.5B

deficit

Active partners

270

43 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$98.0M$1.6B-$1.5B+26.0%
2023$77.8M$1.2B-$1.1B+19.2%
2022$65.2M$1.2B-$1.2B+20.9%
2021$53.9M$1.5B-$1.5B-32.5%
2020$79.9M$1.2B-$1.2B-38.4%
2019$129.6M$2.0B-$1.9B-8.7%
2018$142.0M$2.1B-$2.0B+0.8%
2017$140.8M$1.9B-$1.7B-16.2%
2016$168.0M$1.2B-$991.5M-14.3%
2015$196.2M$1.6B-$1.4B-10.5%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

26 active HS6 lines · 10 export partners

$44.7M
2

HS 22 · HS chapter

24 active HS6 lines · 40 export partners

$14.5M
3

HS 25 · HS chapter

44 active HS6 lines · 8 export partners

$6.3M
4

HS 48 · HS chapter

88 active HS6 lines · 12 export partners

$4.7M
5

HS 99 · HS chapter

1 active HS6 lines · 13 export partners

$2.3M
6

HS 32 · HS chapter

39 active HS6 lines · 9 export partners

$2.3M
7

HS 84 · Machinery

429 active HS6 lines · 34 export partners

$2.2M
8

HS 11 · HS chapter

26 active HS6 lines · 7 export partners

$1.9M

Leading export markets

Destinations rank bilateral export flows from Saint Lucia; growth describes each corridor rather than the whole economy.

1

Suriname

Annual change +305.3% · 3-year CAGR 78.0%

$39.5M
2

Guyana

Annual change -10.6% · 3-year CAGR 26.7%

$11.6M
3

United States

Annual change -33.0% · 3-year CAGR -11.0%

$6.9M
4

Trinidad and Tobago

Annual change -27.5% · 3-year CAGR 7.5%

$6.7M
5

Barbados

Annual change +0.2% · 3-year CAGR 5.4%

$5.7M
6

Dominica

Annual change -3.3% · 3-year CAGR 6.0%

$4.4M
7

Grenada

Annual change +21.6% · 3-year CAGR 27.6%

$4.2M
8

Saint Vincent and the Grenadines

Annual change -1.3% · 3-year CAGR 12.8%

$3.2M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.