St. Lucia's merchandise exports by the reporting economy (current US$) was US$84.34 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 39.36% from US$139.09 million in 2013 (4.88% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$84.34 million | 2023 |
| Five years earlier | US$113.87 million | 2018 |
| Ten years earlier | US$139.09 million | 2013 |
| Highest | US$253.11 million | 2009 |
| Lowest | US$33.7 million | 1981 |
| Average since 2014 | US$107.19 million | 2014–2023 |
| First recorded | US$33.7 million |
What the numbers say
In 2023, St. Lucia's merchandise exports by the reporting economy (current US$) rose 4.9% on 2022 (from US$80.44 million to US$84.34 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +6.5% and a typical year strayed about 49.9% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 209.5% in 2008 and the biggest yearly fall was 44.1% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about US$7.75 million a year. A straight line explains 63% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, St. Lucia had the 188th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| St. Lucia | US$84.34 million | 2023 |
| World | US$22.82 trillion | 2023 |
| Latin America & Caribbean | US$1.36 trillion | 2023 |
| Upper middle income | US$6.77 trillion | 2023 |
Closest to St. Lucia in the 2023 ranking
- Aruba — 185th of 205: US$109.76 million
- Sint Maarten (Dutch part) — 186th of 205: US$103.9 million
- Curaçao — 187th of 205: US$93.18 million
- Dominica — 189th of 205: US$72.02 million
- Antigua and Barbuda — 190th of 205: US$71.33 million
- Vanuatu — 191st of 205: US$62.98 million
What this measures
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
Regional and income-group figures are computed by the World Bank as a sum.
All 43 values
| Year | Merchandise exports by the reporting economy (current US$) |
|---|---|
| 2023 | 84,342,414 |
| 2022 | 80,436,721 |
| 2021 | 99,899,655 |
| 2020 | 64,817,647 |
| 2019 | 94,445,154 |
| 2018 | 113,870,501 |
| 2017 | 130,106,722 |
| 2016 | 104,813,895 |
| 2015 | 165,302,248 |
| 2014 | 133,817,531 |
Merchandise exports by the reporting economy (current US$) in nearby economies
- Antigua and Barbuda — US$71.33 million (2023)
- Argentina — US$65.24 billion (2023)
- Aruba — US$109.76 million (2023)
- Bahamas, The — US$1.09 billion (2023)
- Barbados — US$320.52 million (2023)
- Belize — US$252.98 million (2023)
- Bolivia — US$10.81 billion (2023)
- Brazil — US$339.27 billion (2023)
- Chile — US$94.03 billion (2023)
More private sector & trade data for St. Lucia
- Merchandise imports (current US$) — US$1.01 billion (2025)
- Merchandise exports (current US$) — US$85 million (2025)
- Insurance and financial services (% of commercial service imports) — 7.41% (2025)
- Computer, communications and other services (% of commercial service imports) — 53.63% (2025)
- Commercial service imports (current US$) — US$671.73 million (2025)
- Transport services (% of commercial service imports) — 24.04% (2025)
- Travel services (% of commercial service imports) — 14.92% (2025)
- Computer, communications and other services (% of commercial service exports) — 4.75% (2025)
- Commercial service exports (current US$)
Reading data like this
Questions people ask
- What is St. Lucia's merchandise exports by the reporting economy (current US$)?
- US$84.34 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is up 150.25% from US$33.7 million in 1981 (2.21% a year on average, compounded). The highest value was US$253.11 million in 2009 and the lowest US$33.7 million in 1981.
- How does St. Lucia rank?
- 188th highest of 205 economies with data for 2023.
- Is the latest change in merchandise exports by the reporting economy (current US$) unusual for St. Lucia?
- In 2023, St. Lucia's merchandise exports by the reporting economy (current US$) rose 4.9% on 2022 (from US$80.44 million to US$84.34 million). Across the 30 yearly changes before that (1993 to 2022), the average change was +6.5% and a typical year strayed about 49.9% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in