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Dominica Net Trade (Goods & Services, BoP)

Dominica's net trade (goods & services, bop) fell to $-174.78 million in 2024, down from $-228.35 million in 2023, according to World Bank. This represents a decrease of 23.5% ($53.57 million) from the previous year. Dominica has net trade (goods & services, bop) higher than the global median (-$174.78 million vs median -$215.12 million). Compared with the median in Americas, Dominica is lower (-$174.78 million vs regional median -$131.64 million) and ranks 22nd out of 39 countries in Americas.

Yearly Historical Data (1976-2024)

(in Million USD)
Year Net Trade (Goods & Services, BoP) (Million USD)
2024 -174.78
2023 -228.35
2022 -180.34
2021 -199.47
2020 -201.41
2019 -231.78
2018 -280.82
2017 -115.05
2016 -68.03
2015 -66.19
2014 -66.1
2013 -95.61
2012 -98.22
2011 -80.42
2010 -93.47
2009 -105.91
2008 -122.31
2007 -80.38
2006 -38.76
2005 -57.8
2004 -26.38
2003 -12.5
2002 -21.44
2001 -37.7
2000 -47.59
1999 -23.79
1998 -20.58
1997 -35.7
1996 -42.53
1995 -34.81
1994 -22.2
1993 -20.52
1992 -27.33
1991 -33.86
1990 -44.5
1989 -49.01
1988 -20.96
1987 -11.21
1986 -7.16
1985 -25.2
1984 -22.8
1983 -13.7
1982 -18.4
1981 -28.7
1980 -39
1979 -21
1978 -10.3
1977 -7.2
1976 -5.5
Dominica Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Dominica, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $22.04M $22.4M 2023
Annual Imports $301.31M $266.65M 2023
FDI Inflows (% GDP) 5.34% 7.22% 2024
Tariff Rate 10.36% 10.43% 2020