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

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Iceland-Dominica Trade: In 2023, Iceland exported $42.6k to Dominica. The main products that Iceland exported to Dominica were Railway Cargo Containers ($42.6k). Over the past 12 years the exports of Iceland to Dominica have decreased at an annualized rate of 21.4%, from $763k in 2011 to $42.6k in 2023.

In 2023, Iceland did not export any services to Dominica.

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

In 2023, Dominica did not export any services to Iceland.

Comparison In 2023, Iceland ranked 115 in total exports ($7.31B). That same year, Dominica ranked 205 in total exports ($47.6M). 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

In 2023, Iceland exported $42.6k to Dominica. The main products exported from Iceland to Dominica were Railway Cargo Containers ($42.6k). During the last 12 years the exports of Iceland to Dominica have decreased at an annualized rate of 21.4%, from $763k in 2011 to $42.6k in 2023.

Dominica does not register exports to Iceland. The main products exported from Dominica to Iceland were Excavation Machinery ($2.92M), Other Construction Vehicles ($497k), and Stone Processing Machines ($335k).

Exports from Iceland () to Dominica () (2023)

Exports from Dominica () to Iceland () (2023)

Latest Data

Trade between Iceland () and Dominica ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Dominica
Top DestinationBahamas$6.11M

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

In 2023, countries that imported more from Iceland than Dominica included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Dominica than Iceland included Saudi Arabia ($5.35M), Guyana ($3.49M), and Barbados ($2.49M).

Difference in imports from Dominica () and Iceland () (2023)

Comparative Advantage Iceland - Dominica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iceland had a large net trade with Dominica in the exports of Transportation ($42.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iceland () to Dominica () (2023)

Exports from Dominica () to Iceland () (2023)

Latest Data

Trade between Iceland () and Dominica ()

Iceland Exports

Market Competitiveness

Difference in imports from Dominica () and Iceland () (2023)

Comparative Advantage Iceland - Dominica

Economic Complexity

Competitive Landscape

Product Space of Iceland () and Dominica () (2023)

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