countryaah, Dominica's business is dominated by agriculture and
bananas are the most important export commodity. For a long
time, the economy has been very dependent on banana
production. Although banana exports suffered a sharp decline
when the trade agreement with the EU was wound up in 2006,
production is still important for the country. On several
occasions, natural disasters have seriously damaged banana
production, primarily in 1979, 1989, 1994, 1995 and 2007,
when hurricanes devastated large parts of plantation crops.
Otherwise, mainly coconuts, citrus fruits and avocados
are grown. Livestock breeding and fishing are mainly
conducted at the local level.
Most of the country's energy supply is met by water
energy, and only 7 percent of imports are fossil fuels. The
industry is mainly small-scale and agricultural connected.
In order to make business more diverse, the government has
tried to stimulate the manufacturing industry.
The main trading partners are the United States and
Trinidad and Tobago. The most important export goods are
bananas and soap, while food, machinery and industrial goods