St. Lucia - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in St. Lucia was 78.13 as of 2020. Its highest value over the past 39 years was 93.67 in 1986, while its lowest value was 66.70 in 2004.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1981 77.89
1982 72.99
1983 77.32
1984 84.23
1985 91.80
1986 93.67
1987 86.50
1988 92.18
1989 90.87
1990 92.37
1991 92.63
1992 91.96
1993 87.66
1994 90.61
1995 90.83
1996 92.49
1997 91.89
1998 91.98
1999 92.21
2000 90.27
2001 87.68
2002 85.46
2003 81.54
2004 66.70
2005 81.49
2006 84.19
2007 81.71
2008 86.74
2009 91.12
2010 90.94
2011 88.06
2012 85.95
2013 85.61
2014 87.57
2015 87.38
2016 82.40
2017 78.09
2018 76.53
2019 77.33
2020 78.13

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports