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2022
Flag → Flag
Exports $878kRnk 164 / 207
2022
Flag → Flag
Top Product $878kStone Processing Machines
2022
Flag → Flag
Exports $70.1kRnk 38 / 106
2022
Flag → Flag
Top Product $65.5kOther Vegetables
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$612MCURRENT US$
Rnk 180 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 107 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$8,415CURRENT US$
Rnk 84 / 186
2012-2022
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GDP PC GROWTH19.3%CURRENT US$
Rnk 91 / 186

About

Finland-Dominica Trade: In 2022, Finland exported $878k to Dominica. The main products that Finland exported to Dominica were Stone Processing Machines ($878k). Over the past 5 years the exports of Finland to Dominica have decreased at an annualized rate of 8.56%, from $1.37M in 2017 to $878k in 2022.

In 2022, Finland did not export any services to Dominica.

Dominica-Finland Trade: In 2022, Dominica exported $70.1k to Finland. The main products that Dominica exported to Finland were Other Vegetables ($65.5k), Low-voltage Protection Equipment ($2.13k), and Other Processed Fruits and Nuts ($463). Over the past 5 years the exports of Dominica to Finland have increased at an annualized rate of 59.7%,  from $6.75k in 2017 to $70.1k in 2022.

In 2022, Dominica did not export any services to Finland.

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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 2022, Finland exported $878k to Dominica. The main products exported from Finland to Dominica were Stone Processing Machines ($878k). During the last 5 years the exports of Finland to Dominica have decreased at an annualized rate of 8.56%, from $1.37M in 2017 to $878k in 2022.

In 2017, Dominica exported $70.1k to Finland. The main products exported from Dominica to Finland were Other Vegetables ($65.5k), Low-voltage Protection Equipment ($2.13k), and Other Processed Fruits and Nuts ($463). During the last 5 years the exports of Dominica to Finland have increased at an annualized rate of 59.7%, from $6.75k in 2022 to $70.1k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Dominica (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Dominica
Top DestinationBahamas$2.84M

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 2022, countries that imported more from Finland than Dominica included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Dominica than Finland included Grenada ($340k), Barbados ($1.52M), and Montserrat ($114k).

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

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 2022, Finland had a large net trade with Dominica in the exports of Machines ($878k).

During 2017, Dominica had a large net trade with Finland in the exports of Vegetable Products ($65.6k), Machines ($3.16k), and Plastics and Rubbers ($582).

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) (2022)

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