Dominica - Trade Profile UWI's Shridath Ramphal Centre

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Dominica - Trade Profile UWI's Shridath Ramphal Centre

  1. 1. Population: 70,400 DOMINICA Area: 751 sq km (290 sq miles) MAIN ECONOMIC INDICATORS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 GDP ($US, billion) 0.27 0.27 0.26 0.26 0.29 0.30 0.32 0.34 0.36 0.36 0.38 GDP (% change) 1.3 -4.2 -5.1 0.1 3.0 3.3 4.8 2.5 3.2 -0.3 1.4 GDP per capita ($US) 3,802 3,744 3,585 3,691 3,991 4,156 4,382 4,685 4,978 4,949 5,120Current account balance ($US, billion) -0.06 -0.06 -0.05 -0.05 -0.06 -0.08 -0.05 -0.09 -0.12 -0.10 -0.11Current account balance (% of GDP) -21.7 -20.5 -18.9 -20.0 -20.4 -26.0 -15.7 -25.0 -31.8 -28.1 -29.8 Inflation (% change) 0.8 1.6 0.1 1.6 2.4 1.6 2.6 3.2 6.4 0.04 2.3 Unemployment+ (%) - 11 - - - - - - - - - GDP (% change) Inflation (% change) GDP Current account balance 6.5 0.35 4.5 0.25 2.5 $US Billions 0.15% 0.5 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 0.05 -1.5 -3.5 -0.05 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -5.5 -0.15 Source: IMF World Economic Outlook April 2010+ Source: The World Bank - http://databank.worldbank.org*Numbers in italics represent estimates
  2. 2. Population: 70,400 DOMINICA Area: 751 sq km (290 sq miles) MAIN TRADE INDICATORS – GOODS 2004 2005 2006 2007 2008 Trade Balance ($US thousands) -103,823 -123,559 -125,423 -158,901 -192,381 Total Exported Value ($US thousands) 41,309 41,783 41,473 36,833 39,994 Total Imported Value ($US thousands) 145,132 165,342 166,896 195,734 232,375 Top 10 Markets by % of Total Exported Value (2008) Top 10 Markets by % of Total Imported Value (2008) Jamaica 16% United States of America 40% Antigua and Barbuda 15% Trinidad and Tobago 21% France 14% United Kingdom 5% United Kingdom 13% Japan 4% Trinidad and Tobago 9% Canada 3% Guyana 5% Dominican Republic 2% St Kitts and Nevis 4% China 2% United States of America 3% Barbados 2% Barbados 3% Venezuela 2%St Vincent & the Grenadines 2% Saint Lucia 2% Edible Top 5 Exports by % of Total Exported Value (2008) Top 5 Imports by % of Total Imported Value (2008) Animal,vegetablvegetables, e fats and oils, roots and Tanning, dyeing 4%tubers, 7% extracts, Soaps, pigments, 7% Vehicles other lubricants, Mineral fuels, than railway, Salt, sulphur, waxes, candles, oils, distillation tramway, 6% earth, stone, modelling products, 16% plaster, lime pastes, 33% and cement, 14% Nuclear reactors, Edible fruit, boilers, nuts, peel of Electrical, machinery, 9% citrus fruit, electronic melons, 27% equipment, 9% Source: International Trade Centre – www.trademap.org
  3. 3. Population: 70,400 DOMINICA Area: 751 sq km (290 sq miles) MAIN TRADE INDICATORS – SERVICES 2004 2005 2006 2007 2008 Trade Balance ($US thousands) 41,210 36,260 48,190 43,300 45,565 Total Exported Value ($US thousands) 87,560 86,450 100,170 108,840 116,098 Total Imported Value ($US thousands) 46,350 50,190 51,980 65,540 70,533 Top Exports by % of Total Exported Value (2008) Top Imports by % of Total Imported Value (2008) Transportation 53% Travel 70% Travel 16%Other business services 24% Other business services 13% Transportation 3% Insurance services 12% Government services 2% Insurance services 2% Royalties and license fees 1% Government services 1% Computer & information services 0.1% Source: International Trade Centre – www.trademap.org

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