2022
Flag
 GDP
$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$8,415CURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 91 / 186

About

Venezuela-Dominica Trade: In 2021, Venezuela exported $238 to Dominica. The main products that Venezuela exported to Dominica were N/A. Over the past 8 years the exports of Venezuela to Dominica have decreased at an annualized rate of 49%, from $52.4k in 2013 to $238 in 2021.

In 2021, Venezuela did not export any services to Dominica.

Dominica-Venezuela In N/A, Dominica did not export any products to Venezuela.

In 2021, Dominica did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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 2021, Venezuela exported $238 to Dominica. There were not main exports from Venezuela to Dominica in 2021. During the last 8 years the exports of Venezuela to Dominica have decreased at an annualized rate of 49%, from $52.4k in 2013 to $238 in 2021.

Dominica does not register exports to Venezuela.

Exports from Venezuela (Flag) to Dominica (Flag) (2021)

Exports from Dominica (Flag) to Venezuela (Flag) (2021)

Latest Data

Trade between Venezuela (Flag) and Dominica (Flag)

Dominica Exports

Date

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Dominica
Top Destination
Bahamas$2.84M

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

In 2022, countries that imported more from Venezuela than Dominica included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Dominica than Venezuela included Bahamas ($2.84M), Antigua and Barbuda ($1.67M), and Barbados ($1.52M).

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

Comparative Advantage Venezuela - Dominica

Flow
Scale

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

During 2021, Venezuela 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 Venezuela and Dominica. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Dominica. Similarly, a dot/product with the flag of Dominica indicates it has a comparative advantage over Venezuela.

Product Space of Venezuela (Flag) and Dominica (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with