Dominica (DMA) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Dominica-South Korea Trade: In 2022, Dominica exported $184k to South Korea. The main products that Dominica exported to South Korea were Scrap Aluminium ($63.4k), Coffee ($55.5k), and Other Cloth Articles ($34k). Over the past 5 years the exports of Dominica to South Korea have increased at an annualized rate of 15.1%, from $90.9k in 2017 to $184k in 2022.

In 2022, Dominica did not export any services to South Korea.

South Korea-Dominica Trade: In 2022, South Korea exported $3.33M to Dominica. The main products that South Korea exported to Dominica were Cars ($631k), Motor vehicles; parts and accessories (8701 to 8705) ($495k), and Delivery Trucks ($381k). Over the past 5 years the exports of South Korea to Dominica have decreased at an annualized rate of 1.2%, from $3.71M in 2017 to $3.33M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Dominica exported $184k to South Korea. The main products exported from Dominica to South Korea were Scrap Aluminium ($63.4k), Coffee ($55.5k), and Other Cloth Articles ($34k). During the last 5 years the exports of Dominica to South Korea have increased at an annualized rate of 15.1%, from $90.9k in 2017 to $184k in 2022.

In 2017, South Korea exported $3.33M to Dominica. The main products exported from South Korea to Dominica were Cars ($631k), Motor vehicles; parts and accessories (8701 to 8705) ($495k), and Delivery Trucks ($381k). During the last 5 years the exports of South Korea to Dominica have decreased at an annualized rate of 1.2%, from $3.71M in 2022 to $3.33M in 2017.

Exports from Dominica () to South Korea () (2022)

Exports from South Korea () to Dominica () (2022)

Latest Data

Trade between Dominica () and South Korea ()

Dominica Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominica
Top DestinationBahamas$2.84M

South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Dominica than from South Korea.

In 2022, countries that imported more from South Korea than Dominica included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Dominica () (2022)

Comparative Advantage Dominica - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Dominica had a large net trade with South Korea in the exports of Metals ($63.4k), Vegetable Products ($60.8k), and Textiles ($38.1k).

During 2017, South Korea had a large net trade with Dominica in the exports of Transportation ($1.54M), Machines ($924k), and Plastics and Rubbers ($231k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Dominica () to South Korea () (2022)

Exports from South Korea () to Dominica () (2022)

Latest Data

Trade between Dominica () and South Korea ()

Dominica Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Dominica () (2022)

Comparative Advantage Dominica - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Dominica () and South Korea () (2022)

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