2022
Flag  
GDP
$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 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
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Dominica-Nicaragua Trade: In 2022, Dominica exported $2.07k to Nicaragua. The main products that Dominica exported to Nicaragua were Thermostats ($1.85k), Insulated Wire ($107), and Non-Knit Men's Undergarments ($106). Over the past 8 years the exports of Dominica to Nicaragua have increased at an annualized rate of 3.53%, from $1.56k in 2014 to $2.07k in 2022.

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

Nicaragua-Dominica Trade: In 2022, Nicaragua exported $66.2k to Dominica. The main products that Nicaragua exported to Dominica were N/A. Over the past 8 years the exports of Nicaragua to Dominica have increased at an annualized rate of 88.4%,  from $2.79k in 2014 to $66.2k in 2022.

In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominica exported $2.07k to Nicaragua. The main products exported from Dominica to Nicaragua were Thermostats ($1.85k), Insulated Wire ($107), and Non-Knit Men's Undergarments ($106). During the last 8 years the exports of Dominica to Nicaragua have increased at an annualized rate of 3.53%, from $1.56k in 2014 to $2.07k in 2022.

In 2016, Nicaragua exported $66.2k to Dominica. There were not main exports from Nicaragua to Dominica in 2016. During the last 5 years the exports of Nicaragua to Dominica have increased at an annualized rate of 88.4%, from $2.79k in 2021 to $66.2k in 2016.

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

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

Latest Data

Trade between Dominica (Flag) and Nicaragua (Flag)

Nicaragua Exports

Market Competitiveness

Color
Dominica
Top Destination
Bahamas$2.84M
Nicaragua
Top Destination
United States$4.09B

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

In 2022, countries that imported more from Dominica than Nicaragua included Bahamas ($2.84M), Guyana ($1.82M), and Antigua and Barbuda ($1.67M).

In 2022, countries that imported more from Nicaragua than Dominica included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Dominica - Nicaragua

Flow
Scale

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

During 2022, Dominica had a large net trade with Nicaragua in the exports of Instruments ($1.85k), Machines ($107), and Textiles ($106).

During 2016, Nicaragua had a large net trade with Dominica in the exports of .

Economic Complexity

Competitive Landscape

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

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

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