Key Market Indicators
The country ranked number 136 in 2018, St. Lucia overtook at $2,163,000. Germany, Malaysia and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking. Antiguan electrical equipment import is projected to reach around $39 million by 2026. This is a 1.3% growth rate each year since 2021, when it stood at $36 million. Since 2005, demand for this equipment has increased by 4.6% each year. In 2021, Antigua ranked 141st in the world for imports, with Saint Kitts and Nevis coming in at 140th place. The United States, Germany and Singapore followed, taking the 2nd, 3rd and 4th spots respectively. Meanwhile, export of Antiguan electrical equipment in 2018 was $524,000, down 75.8% compared to 2017 when it was $2.2 million. Since 2005, supply has decreased by 27.1% on average each year. In 2018, Antigua was 136th in the world for exports, with Saint Lucia in 135th place. Germany, Malaysia and the United Kingdom followed, taking the 2nd, 3rd and 4th spots respectively.
