Flag Dominica

Product Exports (2018): $54.2M, Rank 196 of 222

Exports Per Capita (2018): $757, Rank 200 of 219

Product Imports (2018): $295M, Rank 191 of 221

Imports Per Capita (2018): $4.11k, Rank 175 of 219

Service Exports (2016): $242M, Rank 131 of 152

Service Imports (2016): $115M, Rank 147 of 152

GDP (2018): $551M, CURRENT US$
Rank 188 of 196

GDP growth (2008 - 2018): 20.2%, CURRENT US$
Rank 125 of 196

GDP PC (2018): $7,691, CURRENT US$
Rank 89 of 196

GDP PC GROWTH (2008 - 2018): 18.9%, CURRENT US$
Rank 105 of 196

Overview: This page contains the latest international trade data for Dominica, including service trade data. In 2018 Dominica was the number 188 economy in the world in terms of GDP (current US$), the number 196 in total exports, and the number 191 in total imports. In 2018, Dominica exported $54.2M and imported $295M, resulting in a negative trade balance of -$240M. In 2018, Dominica's exports per capita were $757 and its imports per capita were $4.11k.

Trade: The top exports of Dominica are Medical Instruments ($18.8M), Passenger and Cargo Ships ($9.4M), Special Pharmaceuticals ($3.74M), Pitted Fruits ($2.93M), and Low-voltage Protection Equipment ($1.89M). The top imports of Dominica are Delivery Trucks ($31.4M), Petroleum Gas ($30.5M), Cars ($14.7M), Recreational Boats ($10.2M), and Refined Petroleum ($10M).

Destinations: Dominica exports mostly to Saudi Arabia ($25.3M), Indonesia ($9.41M), Belarus ($4.74M), France ($1.38M), and United States ($1.13M), and imports mostly from United States ($109M), China ($34.2M), Mexico ($29.2M), United Kingdom ($13.4M), and Italy ($9.66M).

Location: Dominica borders France and Venezuela by sea.

Yearly Exports

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Top Export (2018): Medical Instruments, $18.8M

Top Destination (2018): Saudi Arabia, $25.3M

In 2018 Dominica exported a total of $54.2M, making it the number 196 exporter in the world. During the last five reported years the exports of Dominica have changed by -$10.7M from $65M in 2013 to $54.2M in 2018.

The most recent exports are led by Medical Instruments ($18.8M), Passenger and Cargo Ships ($9.4M), Special Pharmaceuticals ($3.74M), Pitted Fruits ($2.93M), and Low-voltage Protection Equipment ($1.89M). The most common destination for the exports of Dominica are Saudi Arabia ($25.3M), Indonesia ($9.41M), Belarus ($4.74M), France ($1.38M), and United States ($1.13M).

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Yearly Imports

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Top Import (2018): Delivery Trucks, $31.4M

Top Origin (2018): United States, $109M

In 2018 Dominica imported $295M, making it the number 191 trade destination in the world. During the last five reported years the imports of Dominica changed by $105M from $190M in 2013 to $295M in 2018.

The most recent imports of Dominica are led by Delivery Trucks ($31.4M), Petroleum Gas ($30.5M), Cars ($14.7M), Recreational Boats ($10.2M), and Refined Petroleum ($10M). The most common import partners for Dominica are United States ($109M), China ($34.2M), Mexico ($29.2M), United Kingdom ($13.4M), and Italy ($9.66M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Dominica Exports Services (2016): $242M

Dominica Imports Services (2016): $115M

In 2016, Dominica exported $242M worth of services. The top services exported by Dominica in 2016 were Travel ($235M), Insurance services ($2.66M), Other business services ($2.47M), Government services, n.i.e. ($952k), and Transportation ($689k).

The top services imported by Dominica in 2016 were Other business services ($50.1M), Transportation ($27.3M), Travel ($22.5M), Insurance services ($11.4M), and Construction services ($2.8M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Dominica. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Most Specialized Products by RCA Index

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Dominica has a high level of specialization in Pitted Fruits (145), Special Pharmaceuticals (80.5), Other Paints (76.8), Passenger and Cargo Ships (65.6), and Medical Instruments (54.5). Specialization is measured using RCA, an index that takes the ratio between Dominica observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Dominica according to the product complexity index (PCI) are Equipment using X-rays, alpha, beta, gamma rays (1.8), Rolled stainless steel sheet, width < 600mm (1.62), Hand saws and blades for saws of all kinds (1.24), Equipment to project, disperse or spray liquid, powder (1.01), and Transfers (decalcomanias) (1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Dominica according to the relatedness index, are Gold (0.11), Non-fillet Fresh Fish (0.11), Other Oily Seeds (0.1), Melons (0.1), and Scrap Lead (0.1). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Dominica is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.