Dominica (DMA) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Dominica (DMA) and Iceland (ISL) Trade

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Exports $93Rnk 144 / 0

2022

GDP$612MCURRENT US$
Rnk 180 / 186

2012-2022

GDP GROWTH25.9%CURRENT US$
Rnk 107 / 186

2022

GDP$27.8BCURRENT US$
Rnk 107 / 186

2012-2022

GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186

2022

GDP PC $8,415CURRENT US$
Rnk 84 / 186

2012-2022

GDP PC GROWTH19.3%CURRENT US$
Rnk 91 / 186

2022

GDP PC$72,903CURRENT US$
Rnk 9 / 186

2012-2022

GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

Image 1

Image by David Stanley
Link: https://flic.kr/p/QPmrhK

Image 2

Image by Rachel D
Link: https://flic.kr/p/cwN88f

Historical Data
Economic Complexity

About

In N/A, Dominica did not export any services to Iceland.

Iceland-Dominica Trade: In N/A, Iceland exported $93 to Dominica. The main products that Iceland exported to Dominica were N/A. Over the past N/A years the exports of Iceland to Dominica have decreased at an annualized rate of 83.5%, from $763k in N/A to $93 in N/A.

In N/A, Iceland did not export any services to Dominica.

Comparison In 2022, Dominica ranked 212 in total exports ($23.6M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Dominica does not register exports to Iceland.

In 2011, Iceland exported $93 to Dominica. There were not main exports from Iceland to Dominica in 2011. During the last 5 years the exports of Iceland to Dominica have decreased at an annualized rate of 83.5%, from $763k in 2016 to $93 in 2011.

Exports from Dominica () to Iceland () (2016)

Exports from Iceland () to Dominica () (2016)

Latest Data

Trade between Dominica () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominica
Top DestinationBahamas$2.84M

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Dominica than Iceland included Guyana ($1.82M), Dominican Republic ($1.58M), and Jamaica ($999k).

In 2022, countries that imported more from Iceland than Dominica included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

Difference in imports from Iceland () and Dominica () (2022)

Comparative Advantage Dominica - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Iceland had a large net trade with Dominica in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Dominica () and Iceland () (2016)

Keep Exploring

Dominica
Ireland
Dominica
Italy
Cayman Islands
Iceland
Dominican Republic
Iceland

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