2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Finland-Dominica Trade: In 2023, Finland exported $1.57k to Dominica. The main products that Finland exported to Dominica were Medical Instruments ($1.57k). Over the past 5 years the exports of Finland to Dominica have decreased at an annualized rate of 25.5%, from $6.83k in 2018 to $1.57k in 2023.

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

Dominica-Finland Trade: In 2023, Dominica exported $134k to Finland. The main products that Dominica exported to Finland were Other Vegetables ($125k), Low-voltage Protection Equipment ($4.04k), and Medical Instruments ($2.62k). Over the past 5 years the exports of Dominica to Finland have increased at an annualized rate of 89.4%,  from $5.49k in 2018 to $134k in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). That same year, Dominica ranked 205 in total exports ($47.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $1.57k to Dominica. The main products exported from Finland to Dominica were Medical Instruments ($1.57k). During the last 5 years the exports of Finland to Dominica have decreased at an annualized rate of 25.5%, from $6.83k in 2018 to $1.57k in 2023.

In 2018, Dominica exported $134k to Finland. The main products exported from Dominica to Finland were Other Vegetables ($125k), Low-voltage Protection Equipment ($4.04k), and Medical Instruments ($2.62k). During the last 5 years the exports of Dominica to Finland have increased at an annualized rate of 89.4%, from $5.49k in 2023 to $134k in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Dominica (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Dominica
Top Destination
Bahamas$6.11M

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

In 2023, countries that imported more from Finland than Dominica included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Dominica than Finland included Barbados ($2.49M), Saint Kitts and Nevis ($955k), and Montserrat ($307k).

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

Comparative Advantage Finland - Dominica

Flow
Scale

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

During 2023, Finland had a large net trade with Dominica in the exports of Instruments ($1.57k).

During 2018, Dominica had a large net trade with Finland in the exports of Vegetable Products ($125k), Machines ($4.41k), and Instruments ($2.62k).

Economic Complexity

Competitive Landscape

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

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

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