# Saint Lucia to India HS 850440 new corridor signal

This page reviews a reported new-corridor signal for electrical static converters. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 61/100
- Reported period: 2024
- Buyer market imports: $2.0B
- Buyer market growth: +11.0%
- Current exporter share: 0.0%
- Share gap: 62.8%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $2.0B
- Three-year buyer-import projection: $3.0B
- Supplier countries observed: 93
- Average buyer imports: $673.6M
- Historical buyer-import peak: $2.0B
- Full-history buyer-import CAGR: +14.8%
- Latest buyer-import annual change: +11.0%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 62.8%
- Market concentration: 4,064
- Exporter share: 0.0%
- Share gap to peer benchmark: 62.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 13,496 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0.1

## Buyer economy

- GDP per person: $2.3K
- GDP per-person growth: +36.0%
- Population: 1,393,409k
- GDP: $3.2T
- GDP five-year CAGR: Not reported
- Investment rate: 35.7%
- Savings rate: 30.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.1K | +0.0% |

## Broader route context

Broader Saint Lucia to India route exports provide route context only; they are not presented as HS 850440 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $3.3K | +0.0% |
| 1996 | $11.0K | +232.0% |
| 1997 | $431.6 | -96.1% |
| 1998 | $3.4K | +686.2% |
| 1999 | $8.0K | +135.4% |
| 2000 | $8.3K | +4.5% |
| 2001 | $118.4K | +1318.1% |
| 2002 | $580.2 | -99.5% |
| 2003 | $10.3K | +1672.5% |
| 2004 | $57.0 | -99.4% |
| 2005 | $11.5K | +19998.3% |
| 2006 | $13.7K | +19.2% |
| 2007 | $2.3M | +17058.4% |
| 2008 | $147.5K | -93.7% |
| 2009 | $23.3M | +15684.3% |
| 2010 | $316.9K | -98.6% |
| 2011 | $413.5K | +30.5% |
| 2012 | $444.9K | +7.6% |
| 2013 | $544.5K | +22.4% |
| 2014 | $250.4K | -54.0% |
| 2015 | $564.3K | +125.4% |
| 2016 | $473.2K | -16.2% |
| 2017 | $761.4K | +60.9% |
| 2018 | $541.6K | -28.9% |
| 2019 | $546.5K | +0.9% |
| 2020 | $364.2K | -33.4% |
| 2021 | $214.8K | -41.0% |
| 2022 | $88.8K | -58.6% |
| 2023 | $738.4K | +731.1% |
| 2024 | $1.3M | +81.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Saint Lucia to Germany | HS 090111 | New corridor | $4.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-deu-090111) |
| Saint Lucia to Canada | HS 841191 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-can-841191) |
| Saint Lucia to India | HS 852990 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-ind-852990) |
| Saint Lucia to Poland | HS 870899 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-pol-870899) |
| Saint Lucia to KOR | HS 854140 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-kor-854140) |
| Saint Lucia to Saudi Arabia | HS 870321 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-sau-870321) |
| Saint Lucia to ARE | HS 870899 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-are-870899) |
| Saint Lucia to Malaysia | HS 760120 | New corridor | $1.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lca-mys-760120) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.