Br. Virgin Isds-Dominica Bilateral Trade Analysis 2023
Complete trade statistics: $536,687 total volume •Br. Virgin Isds deficit: $536,687
Br. Virgin Isds → Dominica
$0
Exports (2023)
Dominica → Br. Virgin Isds
$536,687
Imports (2023)
Trade Balance
$536,687
Deficit for Br. Virgin Isds
Total Trade
$536,687
Combined Volume
Trade Flow Visualization
Direct trade relationship between Br. Virgin Isds and Dominica. Green line shows exports from Br. Virgin Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Br. Virgin Isds-Dominica commercial relationship and competitive positioning in global markets.
Br. Virgin Isds → Dominica Exports
Export Market Intelligence
🎯 Strategic Export Focus
Br. Virgin Isds's export portfolio to Dominica demonstrates strategic specialization, with iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors representing a key competitive advantage in this bilateral market.
Dominica → Br. Virgin Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Br. Virgin Isds's import pattern from Dominica reveals significant dependencyin fruit, edible: avocados, fresh or dried, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Br. Virgin Isds demonstrates competitive strength in exportingiron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors to Dominica, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $536,687 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Br. Virgin Isds-Dominica Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $536.69 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Br. Virgin Isds maintains a deficit of $536.69 thousand
- Export Focus: Br. Virgin Isds's primary exports include iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors, food preparations: n.e.c. in item no. 2106.10, base stations
- Import Dependencies: Key imports from Dominica include fruit, edible: avocados, fresh or dried, fruit, edible: plantains, fresh or dried, fruit, edible: bananas, other than plantains, fresh or dried
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $536,687 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Br. Virgin Isds leveraging its comparative advantages in iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Br. Virgin Isds's specialization in iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doorscomplements Dominica's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fruit, edible: avocados, fresh or dried.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $536,687 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $536,687 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $536.69 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors and fruit, edible: avocados, fresh or dried demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Br. Virgin Isds's trade deficit of $536.69 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Br. Virgin Isds and Dominica represents a total trade volume of $536.69 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Br. Virgin Isds, with imports exceeding exportsby $536.69 thousand.
Export Strengths
Br. Virgin Isds's exports to Dominica total $0.00, with competitive advantages in iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doors, representing $4,237 orInfinity% of bilateral exports.
Import Dependencies
Imports from Dominica amount to $536.69 thousand, highlighting economic interdependence in fruit, edible: avocados, fresh or dried, with Fruit, edible: avocados, fresh or dried comprising14.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Br. Virgin Isds's strategic sourcing from Dominica. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Br. Virgin Isds and Dominica in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023