St Lucia

St Lucia ranked No. 95 in total trade value through June with a total of $435.6 million. Exports totaled $431.5 million and Imports totaled $4.1 million, a surplus of $427.4 million.

U.S. trade with St Lucia rose to $435.6 million through June

St Lucia’s trade with the United States rose to $435.6 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.16 percent below its total trade during the same time period last year. U.S. exports to St Lucia decreased 3.68 percent while U.S. imports from St Lucia fell 37.25 percent. The U.S. surplus with St Lucia was $427.4 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Port Arthur, Texas; No. 2 Port of Lake Charles, La.; No. 3 Port of New Orleans; No. 4 Port of Corpus Christi, Texas; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 Port of New Orleans; No. 2 Port of Port Arthur, Texas; No. 3 Low-Valued Imports and Exports; No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 Port of Palm Beach, Fla.. In the current time period, the top five accounted for 68.78 percent of St Lucia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Port Arthur, Texas fell 41.64 percent to $69.77 million.
    Exports fell 41.64 percent to $69.77 million. There were no imports.
  • Trade with No. 2 Port of Lake Charles, La. totaled $65.61 million.
    Exports totaled $65.61 million. There were no imports.
  • Trade with No. 3 Port of New Orleans fell 57.08 percent to $62.67 million.
    Exports fell 57.04 percent to $62.63 million. Imports fell 82.7 percent to $40,470.
  • Trade with No. 4 Port of Corpus Christi, Texas totaled $51.28 million.
    Exports totaled $51.28 million. There were no imports.
  • Trade with No. 5 Low-Valued Imports and Exports fell 10.29 percent to $50.27 million.
    Exports fell 10.29 percent to $50.27 million. There were no imports.

St Lucia ranked No. 95 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 102.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to St Lucia by value through June were the categories of Gasoline, other fuels; Oil; Low value shipments; Chicken and other poultry; and Jewelry, parts, respectively. They accounted for 88.5 percent of total exports to St Lucia.

The value of the top five categories of U.S. imports from St Lucia –– Antennas for radio, TV, parts; Returned exports, without change; Sauces and preparations; mixed condiments; Insecticides, fungicides; and Estimates of low-value imports –– accounted for 71.44 percent of all inbound shipments.

Looking more closely at U.S. exports to St Lucia:

  • Gasoline, other fuels fell 33.68 percent compared to last year to $213.74 million.
  • Oil totaled $110.85 million. The previous year, there were no exports in this category.
  • Low value shipments fell 10.29 percent compared to last year to $50.27 million.
  • Chicken and other poultry fell 8.57 percent compared to last year to $4.33 million.
  • Jewelry, parts fell 36.83 percent compared to last year to $2.7 million.

Looking more closely at U.S. imports from St Lucia:

  • Antennas for radio, TV, parts fell 33.56 percent compared to last year to $1.55 million.
  • Returned exports, without change fell 5.23 percent compared to last year to $719,350.
  • Sauces and preparations; mixed condiments rose 44.14 percent compared to last year to $287,857.
  • Insecticides, fungicides totaled $194,362. The previous year, there were no imports in this category.
  • Estimates of low-value imports rose 27.23 percent compared to last year to $176,853.

In the latest annual figures available, St Lucia recorded $865.95 million in trade with the United States. Total U.S. exports to St Lucia were $ 852.29 million and imports from St Lucia were $13.66 million. The U.S. surplus with St Lucia was $838.64 million.