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Pricing

2020
Flag → Flag
Exports $30.2kRnk 52 / 0
2020
Flag → Flag
Exports $238Rnk 164 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC $8,415CURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 91 / 186

About

Dominica-Venezuela Trade: In 2020, Dominica exported $30.2k to Venezuela. The main products that Dominica exported to Venezuela were N/A. Over the past 9 years the exports of Dominica to Venezuela have decreased at an annualized rate of 5.96%, from $52.5k in 2011 to $30.2k in 2020.

In 2020, Dominica did not export any services to Venezuela.

Venezuela-Dominica Trade: In 2020, Venezuela exported $238 to Dominica. The main products that Venezuela exported to Dominica were N/A. Over the past 9 years the exports of Venezuela to Dominica have decreased at an annualized rate of 82.1%,  from $7.18M in 2011 to $238 in 2020.

In 2020, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Dominica exported $30.2k to Venezuela. There were not main exports from Dominica to Venezuela in 2020. During the last 9 years the exports of Dominica to Venezuela have decreased at an annualized rate of 5.96%, from $52.5k in 2011 to $30.2k in 2020.

In 2016, Venezuela exported $238 to Dominica. There were not main exports from Venezuela to Dominica in 2016. During the last 5 years the exports of Venezuela to Dominica have decreased at an annualized rate of 82.1%, from $7.18M in 2021 to $238 in 2016.

Exports from Dominica (Flag) to Venezuela (Flag) (2021)

Exports from Venezuela (Flag) to Dominica (Flag) (2021)

Latest Data

Trade between Dominica (Flag) and Venezuela (Flag)

Dominica Exports

Date

Market Competitiveness

Color
Dominica
Top DestinationBahamas$2.84M
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Dominica than Venezuela included Bahamas ($2.84M), Antigua and Barbuda ($1.67M), and Barbados ($1.52M).

In 2022, countries that imported more from Venezuela than Dominica included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Dominica - Venezuela

Flow
Scale

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

During 2020, Dominica had a large net trade with Venezuela in the exports of .

During 2016, Venezuela 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 Venezuela. This means that a dot/product with the flag of Dominica indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Dominica.

Product Space of Dominica (Flag) and Venezuela (Flag) (2021)

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