Country intelligence · DMA · 2024

Dominica trade profile

In 2024, Dominica recorded $36.7M in merchandise exports and $332.4M in imports, producing a $295.6M trade deficit. Exports changed -12.6% from the previous year, while imports changed -16.7%.[1]

Exports

$36.7M

-12.6%

Imports

$332.4M

-16.7%

Trade balance

-$295.6M

deficit

Active partners

270

43 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$36.7M$332.4M-$295.6M-12.6%
2023$42.0M$399.1M-$357.1M+8.8%
2022$38.6M$402.3M-$363.7M-7.5%
2021$41.7M$652.7M-$611.0M-2.6%
2020$42.9M$265.0M-$222.2M-43.9%
2019$76.5M$601.2M-$524.7M-29.4%
2018$108.4M$417.8M-$309.4M+56.8%
2017$69.1M$338.6M-$269.5M+4.3%
2016$66.3M$242.7M-$176.5M-21.3%
2015$84.2M$261.2M-$177.0M+1.9%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 74 · HS chapter

34 active HS6 lines · 8 export partners

$4.2M
2

HS 72 · HS chapter

90 active HS6 lines · 12 export partners

$4.0M
3

HS 85 · Electrical machinery

258 active HS6 lines · 83 export partners

$3.4M
4

HS 89 · HS chapter

12 active HS6 lines · 5 export partners

$2.7M
5

HS 90 · HS chapter

135 active HS6 lines · 51 export partners

$2.4M
6

HS 24 · HS chapter

9 active HS6 lines · 28 export partners

$1.9M
7

HS 02 · HS chapter

47 active HS6 lines · 3 export partners

$1.7M
8

HS 34 · HS chapter

23 active HS6 lines · 17 export partners

$1.7M

Leading export markets

Destinations rank bilateral export flows from Dominica; growth describes each corridor rather than the whole economy.

1

South Korea

Annual change +185.5% · 3-year CAGR 104.5%

$4.0M
2

Bahamas

Annual change -30.6% · 3-year CAGR -5.5%

$3.9M
3

Saudi Arabia

Annual change -36.5% · 3-year CAGR -26.4%

$3.2M
4

Italy

Annual change +394312.6% · 3-year CAGR 170.4%

$2.8M
5

United States

Annual change -5.6% · 3-year CAGR -2.9%

$2.2M
6

Poland

Annual change +188.4% · 3-year CAGR 112.9%

$1.8M
7

Antigua and Barbuda

Annual change -48.8% · 3-year CAGR -10.0%

$1.5M
8

United Arab Emirates

Annual change +529.3% · 3-year CAGR 94.3%

$1.3M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.