Dominica-Saint Vincent and the Grenadines Bilateral Trade Analysis 2023
Complete trade statistics: $6.60M total volume •Dominica deficit: $4.85M
Dominica → Saint Vincent and the Grenadines
$872,544
Exports (2023)
Saint Vincent and the Grenadines → Dominica
$5.72M
Imports (2023)
Trade Balance
$4.85M
Deficit for Dominica
Total Trade
$6.60M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Dominica and Saint Vincent and the Grenadines. Green line shows exports from Dominica, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Dominica-Saint Vincent and the Grenadines commercial relationship and competitive positioning in global markets.
Dominica → Saint Vincent and the Grenadines Exports
Export Market Intelligence
🎯 Strategic Export Focus
Dominica's export portfolio to Saint Vincent and the Grenadines demonstrates strategic specialization, with glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods representing a key competitive advantage in this bilateral market.
Saint Vincent and the Grenadines → Dominica Imports
Import Dependency Profile
📦 Import Strategy Analysis
Dominica's import pattern from Saint Vincent and the Grenadines reveals significant dependencyin wheat or meslin flour, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Dominica demonstrates competitive strength in exportingglass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods to Saint Vincent and the Grenadines, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.60M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Dominica-Saint Vincent and the Grenadines Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.60 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Dominica maintains a deficit of $4.85 million
- Export Focus: Dominica's primary exports include glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use, soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, for toilet use (including medicated products)
- Import Dependencies: Key imports from Saint Vincent and the Grenadines include wheat or meslin flour, beer: made from malt, dog or cat food: (not put up for retail sale), used in animal feeding
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 $6.60M 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 Dominica leveraging its comparative advantages in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods.
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
Dominica's specialization in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goodscomplements Saint Vincent and the Grenadines's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wheat or meslin flour.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.60M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.60M 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 $6.60 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods and wheat or meslin flour demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Dominica's trade deficit of $4.85 million 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 Dominica and Saint Vincent and the Grenadines represents a total trade volume of $6.60 million in 2023. This partnership demonstrates an unfavorable trade balance for Dominica, with imports exceeding exportsby $4.85 million.
Export Strengths
Dominica's exports to Saint Vincent and the Grenadines total $872.54 thousand, with competitive advantages in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, representing $407,184 or46.7% of bilateral exports.
Import Dependencies
Imports from Saint Vincent and the Grenadines amount to $5.72 million, highlighting economic interdependence in wheat or meslin flour, with Wheat or meslin flour comprising33.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Dominica's strategic sourcing from Saint Vincent and the Grenadines. 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 Dominica and Saint Vincent and the Grenadines in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023