2023
Flag  
GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
 GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC 
$9,833CURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195
2023
Flag
GDP PC
$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195

About

Dominica-Armenia Trade: In 2023, Dominica exported $8.05k to Armenia. The main products that Dominica exported to Armenia were Rolled Tobacco ($6.59k), Liquid Dispersing Machines ($633), and Medical Instruments ($630). Over the past 6 years the exports of Dominica to Armenia have increased at an annualized rate of 41.2%, from $1.01k in 2017 to $8.05k in 2023.

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

Armenia-Dominica Trade: In 2023, Armenia exported $315 to Dominica. The main products that Armenia exported to Dominica were N/A. Over the past 6 years the exports of Armenia to Dominica have decreased at an annualized rate of 47.4%,  from $7.8k in 2017 to $315 in 2023.

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

Comparison In 2023,  Dominica ranked 205 in total exports ($47.6M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominica exported $8.05k to Armenia. The main products exported from Dominica to Armenia were Rolled Tobacco ($6.59k), Liquid Dispersing Machines ($633), and Medical Instruments ($630). During the last 6 years the exports of Dominica to Armenia have increased at an annualized rate of 41.2%, from $1.01k in 2017 to $8.05k in 2023.

In 2007, Armenia exported $315 to Dominica. There were not main exports from Armenia to Dominica in 2007. During the last 5 years the exports of Armenia to Dominica have decreased at an annualized rate of 47.4%, from $7.8k in 2012 to $315 in 2007.

Exports from Dominica (Flag) to Armenia (Flag) (2023)

Exports from Armenia (Flag) to Dominica (Flag) (2023)

Market Competitiveness

Color
Dominica
Top Destination
Bahamas$6.11M
Armenia
Top Destination
Russia$3.38B

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

In 2023, countries that imported more from Dominica than Armenia included Bahamas ($6.11M), Iceland ($4.72M), and Saudi Arabia ($5.35M).

In 2023, countries that imported more from Armenia than Dominica included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

Difference in imports from Armenia (Flag) and Dominica (Flag) (2023)

Comparative Advantage Dominica - Armenia

Flow
Scale

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

During 2023, Dominica had a large net trade with Armenia in the exports of Foodstuffs ($6.59k), Machines ($742), and Instruments ($630).

During 2007, Armenia 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 Armenia. This means that a dot/product with the flag of Dominica indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Dominica.

Product Space of Dominica (Flag) and Armenia (Flag) (2023)

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