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2021
Flag → Flag
Exports $66.2kRnk 181 / 0
2021
Flag → Flag
Exports $2.07kRnk 86 / 106
2021
Flag → Flag
Top Product $1.85kThermostats
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$8,415CURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 91 / 186

About

Nicaragua-Dominica Trade: In 2021, Nicaragua exported $66.2k to Dominica. The main products that Nicaragua exported to Dominica were N/A. Over the past 7 years the exports of Nicaragua to Dominica have decreased at an annualized rate of 35.5%, from $1.43M in 2014 to $66.2k in 2021.

In 2021, Nicaragua did not export any services to Dominica.

Dominica-Nicaragua Trade: In 2021, 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 7 years the exports of Dominica to Nicaragua have decreased at an annualized rate of 10.8%,  from $3.66k in 2014 to $2.07k in 2021.

In 2021, Dominica did not export any services to Nicaragua.

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97),  and 111 in total exports ($7.92B). That same year, Dominica ranked 212 in total exports ($23.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Nicaragua exported $66.2k to Dominica. There were not main exports from Nicaragua to Dominica in 2021. During the last 7 years the exports of Nicaragua to Dominica have decreased at an annualized rate of 35.5%, from $1.43M in 2014 to $66.2k in 2021.

In 2017, 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 5 years the exports of Dominica to Nicaragua have decreased at an annualized rate of 10.8%, from $3.66k in 2022 to $2.07k in 2017.

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

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

Latest Data

Trade between Nicaragua (Flag) and Dominica (Flag)

Nicaragua Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Dominica
Top DestinationBahamas$2.84M

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

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

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

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

Comparative Advantage Nicaragua - Dominica

Flow
Scale

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

During 2021, Nicaragua had a large net trade with Dominica in the exports of .

During 2017, Dominica had a large net trade with Nicaragua in the exports of Instruments ($1.85k), Machines ($107), and Textiles ($106).

Economic Complexity

Competitive Landscape

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

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

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