Indonesia's Exports and Imports to Saint Lucia Decreased in 2020

Indonesia's trade balance with Saint Lucia showed a surplus of US$1.15 million in 2020. However, this surplus decreased by -37.49% compared to the previous year's US$1.85 million.

The decline in Indonesia's trade balance with Saint Lucia was due to Indonesian exports to Saint Lucia amounting to only US$1.16 million, while imports reached US$1,000.

The three main products imported from Saint Lucia were: Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured... (HS 34), Albuminoidal substances; modified starches; glues; enzymes (HS 35), and Explosives; pyrotechnic products; matches; pyrophoric alloys; certain easily combustible preparations (HS 36).

Indonesia's exports to Saint Lucia have been declining over the past year. The previous year's export value was US$1.86 million.

Ten main export products contributed to a surplus in 2020, totaling US$1.14 million.

List of 10 Main Indonesian Export Products to Saint Lucia

1. (HS 87): Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof


2. (HS 15): Animal or vegetable fats and oils and their cleavage products; edible fats; animal or vegetable waxes


3. (HS 94): Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings;


4. (HS 85): Electrical machinery and equipment and parts thereof; sound or television broadcasting apparatus;


5. (HS 44): Wood and articles of wood; wood charcoal


6. (HS 56): Wadding, felt and nonwovens; special yarn; twine, cordage, ropes and cables and articles thereof


7. (HS 83): Other base metals articles


8. (HS 38): Other chemical products


9. (HS 30): Pharmaceutical products


10. (HS 46): Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork

Globally, the trade balance for all goods improved due to increases in several product categories. Indonesia's total trade balance was recorded at US$21.68 billion, a 703.56% increase. In other words, Indonesia recorded a trade surplus. The previous year's trade balance with all countries worldwide was recorded at US$-3.59 billion.