2022
Flag  
GDP
$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$8,415CURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Dominica-Finland Trade: In 2022, Dominica exported $70.1k to Finland. The main products that Dominica exported to Finland were Other Vegetables ($65.5k), Low-voltage Protection Equipment ($2.13k), and Other Processed Fruits and Nuts ($463). Over the past 5 years the exports of Dominica to Finland have increased at an annualized rate of 59.7%, from $6.75k in 2017 to $70.1k in 2022.

In 2022, Dominica did not export any services to Finland.

Finland-Dominica Trade: In 2022, Finland exported $878k to Dominica. The main products that Finland exported to Dominica were Stone Processing Machines ($878k). Over the past 5 years the exports of Finland to Dominica have decreased at an annualized rate of 6.19%,  from $1.37M in 2017 to $878k in 2022.

In 2022, Finland did not export any services to Dominica.

Comparison In 2022,  Dominica ranked 212 in total exports ($23.6M), and does not have data regarding Economic Complexity Index. That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominica exported $70.1k to Finland. The main products exported from Dominica to Finland were Other Vegetables ($65.5k), Low-voltage Protection Equipment ($2.13k), and Other Processed Fruits and Nuts ($463). During the last 5 years the exports of Dominica to Finland have increased at an annualized rate of 59.7%, from $6.75k in 2017 to $70.1k in 2022.

In 2017, Finland exported $878k to Dominica. The main products exported from Finland to Dominica were Stone Processing Machines ($878k). During the last 5 years the exports of Finland to Dominica have decreased at an annualized rate of 6.19%, from $1.37M in 2022 to $878k in 2017.

Exports from Dominica (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Dominica (Flag) (2022)

Latest Data

Trade between Dominica (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Dominica
Top Destination
Bahamas$2.84M
Finland
Top Destination
Germany$9.99B

This map shows whether countries import more from Dominica or Finland. Each country is colored based on the difference in imports they receive from Dominica and Finland or the difference in the growth in imports.

In 2022, countries that imported more from Dominica than Finland included Grenada ($340k), Barbados ($1.52M), and Montserrat ($114k).

In 2022, countries that imported more from Finland than Dominica included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

Difference in imports from Finland (Flag) and Dominica (Flag) (2022)

Comparative Advantage Dominica - Finland

Flow
Scale

This chart compares trade between Dominica and Finland by product, considering products traded by both, Dominica and Finland.

During 2022, Dominica had a large net trade with Finland in the exports of Vegetable Products ($65.6k), Machines ($3.16k), and Plastics and Rubbers ($582).

During 2017, Finland had a large net trade with Dominica in the exports of Machines ($878k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominica and Finland. This means that a dot/product with the flag of Dominica indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Dominica.

Product Space of Dominica (Flag) and Finland (Flag) (2022)

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