The exports partners of the country are Caricom countries, United Kingdom and United States. Dominican Republic exports to North America dominated by the United States and Canada. What is Dominica's main exports? The Dominican Republic’s economy has largely rebounded from the global recession. Dominica Exports By Country - was last updated on Thursday, November 26, 2020. In addition, the DR is a key buyer of U.S. agricultural products, with $1.2 billion in yearly agricultural imports. National Accounts Main Aggregates Database. Coconut soap producers sell over three million bars of soap annually. Exports in Dominican Republic averaged 617.85 USD Million from 1997 until 2020, reaching an all time high of 1016 USD Million in May of 2019 and a record low of 282.80 USD Million in January of 1997. The ports and harbors located in Dominica are shown on the map below. In 1991 the Dominican Republic had a trade deficit of U.S.$1,070.5 million, with the United States receiving 56 percent of Dominican exports. Dominica (pronounced Dom-in-EEK-a) is a mountainous island of volcanic origin of the Lesser Antilles in the Caribbean, south of Guadeloupe and north of Martinique. There is a relatively large fishing industry in Dominica, but it is not modernized and … It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The main exports are petroleum products, manufactures, and machinery and transport equipment. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The island was formed from volcanic activity. On merchandise trade, Fiji’s total exports in 2009, was $1, 230 million out of which $895 million were from domestic exports. FDI stock. In view of Dominica’s net imports accounted for 23% of GDP (2005). The main exports are ferronickel, sugar, gold, and coffee. Learn more Enterprise. Dominican GDP (PPP): 688 million dollars; GDP per capita of Dominica (PPP): 9,726 Dollars; The main economic activities of Dominica are: financial services (off-shore), tourism and agriculture Click on the port icons for a thumbnail view of the port. 1 2 3. Though Dominica exports of goods and services fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 255 million USD in 2018. Plastics, plastic articles: $271.1 million (2.6%) The Dominican Republic’s top 10 exports accounted for 78.2% of the overall value of its global shipments. The main export crops are bananas, coffee, cocoa, mangoes, coconuts, sugar, lemons and oranges, while vegetables are particularly important for the domestic market. The economy of Dominica is reliant upon agriculture, particularly bananas, with the financial services industry becoming increasingly the island's largest source of income. The value of banana exports fell to less than 25% of merchandise trade earnings in 1998 compared to about 44% in 1994. Exports in Dominican Republic increased to 823.20 USD Million in June from 685.90 USD Million in May of 2020. What the main export of Dominica? All suggestions for corrections of any errors about Exports should be addressed to the CIA. U.S. goods exports to Dominican Republic in 2019 were $9.2 billion, up 2.7% ($241 million) from 2018 and up 74.5% from 2009. Dominica’s historical background has been highly influenced by several different countries thus the region has a diverse cultural background. Imports: $19 billion (2017 est.) What are some traditions for Dominica? Main export destinations. Dominica is a member of the Caribbean Community and Common Market (CARICOM). The Dominica Population (Live) counter shows a continuously updated estimate of the current population of Dominica delivered by Worldometer's RTS algorithm, which processes data collected from the United Nations Population Division. The Dominican Republic mostly exports ferronickel, cigars, plastics, electrical equipment, bananas, jewellery, medical equipment, clothing, scrap metals and beverages. Dominica. The major Importable commodities of the country are manufactured goods, machinery and equipment, food and chemicals. Details on these crops are given in Table 2. Download historical data for 20 million indicators using your browser. Learn more Dominica - Exports of goods and services. The coconut soap production is among the top ventures in the industry. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Gems, precious metals: US$1.9 billion (18.8% of total exports), Optical, technical, medical apparatus: $1.6 billion (15.3%), Electrical machinery, equipment: $1 billion (10.1%), Tobacco, manufactured substitutes: $907.2 million (8.8%), Knit or crochet clothing, accessories: $557 million (5.4%), Plastics, plastic articles: $271.1 million (2.6%), Gems, precious metals: US$1.3 billion (Down by -1.2% since 2018), Optical, technical, medical apparatus: $1 billion (Up by 66.2%), Tobacco, manufactured substitutes: $615.1 million (Up by 20.5%), Fruits, nuts: $537.6 million (Up by 124.8%), Knit or crochet clothing, accessories: $469.9 million (Up by 40.2%), Pharmaceuticals: $161.7 million (Reversing a -$214.5 million deficit), Clothing, accessories (not knit or crochet): $158.4 million (Up by 869.4%), Ores, slag, ash: $152 million (Up by 133.6%), Mineral fuels including oil: -US$2.9 billion (Down by -30.4% since 2018), Machinery including computers: -$1.5 billion (Down by -13.3%), Plastics, plastic articles: -$706.3 million (Down by -39.7%), Electrical machinery, equipment: -$555.3 million (Down by -34.1%), Paper, paper items: -$334.2 million (Down by -34.2%), Articles of iron or steel: -$279.2 million (Down by -29.2%), Dairy, eggs, honey: -$235.8 million (Up by 1.7%), Barceló Export Import (alcoholic beverages), Industrias Nacionales (construction materials), J. Armando Bermúdez & Co. (alcoholic beverages), Servicios Aéreos Profesionales (airliner). Asked by Wiki User. Dominica. United Nations Statistics Division. Be the first to answer! foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals: Main import partners. As a tiny island nation, the Dominican Republic relies much more on imports than exports. The Population of Dominica (1950 - 2019) chart plots the total population count as of July 1 of each year, from 1950 to 2019. Use the Port Index link on the left side menu to view an alphabetical list of the ports in Dominica. Register to join beta . Dominica, although largely self-sufficient in food production, imports approximately twice as much in value as it exports, with imports of US$120.4 million dwarfing exports of US$60.8 million in 1998. Below are exports from Cuba that result in negative net exports or product trade balance deficits. Guyana’s main exports include sugar, rice, gold, bauxite, rum, timber and alumina. Read the entire post by clicking here or get the forms from below: Application Form (PDF, 285 KB) Checklist (PDF, 239 KB) Covid-19 Update - Travel Protocols. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Its main imports are foodstuffs, petroleum, and cotton and fabrics. After the closure of the refinery, exports contracted sharply, although losses were later offset by growth in the tourist sector. The EU is CARIFORUM's second-largest trading partner, after the US. Exports of Goods for Dominica from International Monetary Fund (IMF) for the International Monetary Fund - Balance of Payments (BOP) release. Main trading partners. Dominica. Remittances from the US amount to about a tenth of GDP, equivalent to almost half of exports and three-quarters of tourism receipts. Fruits and nuts represent the fastest grower among the top 10 export categories, up by 89.4% from 2018 to 2019. In 2015, the Dominican Republic’s imports totaled US$17 billion.Of these, machines formed the majority with US$2.77 billion, or 16.3% of t… Dominican Republic Coronavirus Cases at 175849.00 Persons, Dominican Republic Coronavirus Deaths at 2423.00 Persons, Dominican Republic Inflation Rate at 5.26 percent, Dominican Republic Coronavirus Recovered at 134932.00 Persons, Dominican Republic Corporate Tax Rate at 27.00 percent, Deposit Interest Rate in Dominican Republic at 7.60 percent, Ease of Doing Business in Dominican Republic at 115.00, Dominican Republic Business Confidence at 55.60 points, Dominican Republic Capital Flows at 1386.50 USD Million, Dominican Republic Changes In Inventories at -18141.52 DOP Millions, Tanzania December Inflation Rate Hits 4-Month High, Mozambique December Inflation at 10-Month High, Brazilian Real Hovers Around Over 1-Month Low, European Equities End Higher, DAX Hits New High, Colombia Consumer Morale Rises to 10-Month High, Dow Pares Gains but S&P and Nasdaq Remain at Records. Interesting observations about Economy > Exports > Main exports Factoid #22 The top nations for per capita imports and exports tend to be very small. The CBI aims to facilitate the economic development and export diversification of the Caribbean Basin economies. The main producing areas are in the Layou River Valley and on the southwest coast. Automobiles and electronics are the main exports to Australia from Japan. For many years Dominica was the principal source of fruit used in Rose's lime juice. [see also: Exports country ranks] Exports - partners: Saudi Arabia 42.6%, Trinidad and Tobago 9.3%, Jamaica 8.1%, St. Kitts and Nevis 7.1%, Guyana 6.7% (2017) Exports - commodities: bananas, soap, bay oil, vegetables, grapefruit, oranges Imports: $206.6 million (2017 est.) Some of Dominica's most attractive sites are its beaches with some of the most well-known beaches being the Champagne Beach, the Mero Beach, and Batibou Beach. Three traditions for dominica are Creole Festivals, Calypso Competitions and Independence day. Government . NOTE: The information regarding Exports on this page is re-published from the CIA World Factbook 2019. The main exports from the Dominican Republic in … Cuba also exports citrus, coffee and fish, as well as the services of its doctors and other health care personnel. Dominica exports for 2017 was $0.21B, a 20.68% decline from 2016. The Dominican Republic’s economy has largely rebounded from the global recession. Other beautiful areas in the country include hiking trails such as the Laudat trail and the Trafalgar trail. The Dominican Republic’s main exports partner is the United States, accounting for over 65 percent of total trade. Tourists also visit Dominica to take advantage of a large number of diving spots. Gas. Sources. Reports show, however, that the FTZs lost approximately 60,000 between 2005 and 2007 and suffered a 4% decrease in total exports … Citrus production in Dominica is a major export, also with bananas and coconuts. The manufacturing industry continues t… Dominica exports for 2016 was $0.27B, a 3.31% increase from 2015. History . The main exports from the Caribbean to the EU are fuel and mining products, notably petroleum gas and oils, bananas, sugar and rum, minerals (notably gold, corundum, aluminium oxide and hydroxide), iron ore products, and fertilisers Follow the link to complete the Health Questionnaire for the Commonwealth of Dominica: Dominica Health Questionnaire. Caribbean Community (CARICOM) countries accounted for about 47 percent of Dominica's exports throughout the 1990s, and Europe for 36 percent. Read the complete Country Commercial Guide for the Dominican Republic, an excellent starting point to find everything you need to know about doing business overseas. The other major trading partners of the Dominican Republic are Venezuela and Mexico. Dominica is also a sovereign country whose capital is Roseau, and it gained independence in 1978 after it was colonized by the French and eventually the British. Historically, the country was a main exporter of sugar, coffee, and tobacco. Country Leading export market Leading import source ... Dominica and Grenada. What are the main exports of Dominica? The United States remains the main importer of Dominican Republic’s exports, and if positive growth expectations are met, the growth of the US economy as the Dominican Republic’s main trading partner will lead to … United States 41.4% China 13.9% Mexico 4.5% Brazil 4.3% Chile 3.7% (2017 est.) Exports totaled more than four-fifths of imports in value annually. In order to increase the number of visitors to the coun… Other than petroleum, exports include rum, clothing, and watches, and the main imports are foodstuffs and manufactured goods. The value of Guyana’s exports was estimated to be about $652 million in 2009. Asked by Wiki User. The soap is also exported to Jamaica and Trinidad and Tobago. Exports. Two of the major cities in Dominican Republic are: La Romana and Santa Domingo. The main import items are manufactured goods, machinery, petroleum products, food and chemicals from Indonesia, Singapore, Australia, NZ and China. Miriam Moore on E.D.P.M SBA: tabulation with main headings and multiple columnar headings; Kathielee Brown on Business Production Levels; EMMANUEL on Social Sba Sample – Questionnaire on Drugs; RMAU … Dominica exports for 2019 was $0.31B, a 87.16% increase from 2018. Continue Reading. $35.93 billion (31 December 2017 est.) These negative net exports reveal product categories where foreign spending on home country Cuba’s goods trail Cuban importer spending on foreign products. Log in. Coconuts, citrus fruit, and essential oils are the main regional exports. During the last five reported years the exports of Saint Vincent and the Grenadines have changed by $127M from $50.5M in 2013 to $178M in 2018. Dominica is a beneficiary of the U.S. Caribbean Basin Initiative (CBI), which grants duty-free entry into the United States for many goods. Direct access to our calendar releases and historical data. Others include Haiti, Netherlands, Spain, Belgium, China, United Kingdom, Jamaica and Cuba. In 2019, visitor exports (% of exports) for Dominica was 46 %. Principal imports are food and live animals, machinery and transport equipment, manufactures, chemicals, and oil. Thirty-two percent of Cuba's exported goods are sent to China. Sorry, your blog cannot share posts by email. Exports in Cayman Islands averaged 12.10 KYD Million from 1971 until 2019, reaching an all time high of 54 KYD Million in 2015 and a record low of 0.20 KYD Million in 1975. Cocoa, coffee, and vegetables are also produced. World Data Atlas. Be the first to answer! Dominica exports to France worth US$ 3 million, with a partner share of 8.77 percent. This sector is highly vulnerable to weather conditions and to external events affecting commodity prices. Dominica exports to Guyana worth US$ 4 million, with a partner share of 9.52 percent. U.S. exports to Dominican Republic are up 71.8% from 2006 (pre-FTA). According to the Observatory of Economical Complexity. Major imported commodities include petroleum, food and machinery. Other top imports include machinery, equipment and chemicals. Exports of Goods and Services for Dominica from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. Ports are color coded by size. The other main recipients of Cuba's exports are Venezuela, the Netherlands, Canada, Spain and Brazil. 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