Names: conventional long form: Commonwealth of Dominica conventional short form: Dominica
Capital City: Roseau
Population: 68,910 (July 2006 est.)
GDP Per Capita: $3,800 (2005 est.)
Currency: East Caribbean dollar (XCD)
Languages: English (official), French patois
Total Area: total: 754 sq km land: 754 sq km water: 0 sq km slightly more than four times the size of Washington, DC
Region: North America
Industries: soap, coconut oil, tourism, copra, furniture, cement blocks, shoes
Agriculture: bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited
Resources: timber, hydropower, arable land
Labor Force:
25,000 (1999 est.)
agriculture: 40% industry: 32% services: 28%
Exports:
$74 million f.o.b. (2004 est.)
bananas, soap, bay oil, vegetables, grapefruit, oranges
Imports:
$234 million f.o.b. (2004 est.)
manufactured goods, machinery and equipment, food, chemicals
Overview:
The Dominican economy depends on agriculture, primarily bananas, and remains highly vulnerable to climatic conditions and international economic developments. Tourism has increased as the government seeks to promote Dominica as an "ecotourism" destination. Development of the tourism industry remains difficult, however, because of the rugged coastline, lack of beaches, and the absence of an international airport. The government began a comprehensive restructuring of the economy in 2003 - including elimination of price controls, privatization of the state banana company, and tax increases - to address Dominica's economic crisis and to meet IMF targets. In order to diversify the island's production base, the government is attempting to develop an offshore financial sector and is planning to construct an oil refinery on the eastern part of the island.
In 2007 Missouri exported $70,767 in goods to Dominica. This ranks Dominica 128th among the 223 international buyers of Missouri goods. Missouri exports to Dominica decreased from the previous year by $107,925 a change of -60.40%. State exports to Dominica have increased over the last 5 years by $27.790 a change of 64.66%. Missouri exports account for .00%. of all 2007 US exports to Dominica.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 42,977 | 79,373 | NA | 283,259 | 178,692 | 70,767 | |
| 000 - Total All Industries US | 45,087,733 | 34,353,745 | 35,890,143 | 61,488,781 | 68,023,814 | 83,793,507 | |