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2022
Flag → Flag
Exports $20.8MRnk 10 / 112
2022
Flag → Flag
Top Product $20.8MRefined Petroleum
2022
Flag → Flag
Exports $20MRnk 48 / 163
2022
Flag → Flag
Top Product $5.25MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Bahamas-Dominican Republic Trade: In 2022, Bahamas exported $20.8M to Dominican Republic. The main products that Bahamas exported to Dominican Republic were Refined Petroleum ($20.8M), Hard Liquor ($12k), and Microphones and Headphones ($4.29k). Over the past 5 years the exports of Bahamas to Dominican Republic have increased at an annualized rate of 11.7%, from $12M in 2017 to $20.8M in 2022.

In 2022, Bahamas did not export any services to Dominican Republic.

Dominican Republic-Bahamas Trade: In 2022, Dominican Republic exported $20M to Bahamas. The main products that Dominican Republic exported to Bahamas were Raw Iron Bars ($5.25M), Cement ($1.4M), and Plastic Lids ($951k). Over the past 5 years the exports of Dominican Republic to Bahamas have increased at an annualized rate of 5.9%,  from $15M in 2017 to $20M in 2022.

In 2022, Dominican Republic did not export any services to Bahamas.

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $20.8M to Dominican Republic. The main products exported from Bahamas to Dominican Republic were Refined Petroleum ($20.8M), Hard Liquor ($12k), and Microphones and Headphones ($4.29k). During the last 5 years the exports of Bahamas to Dominican Republic have increased at an annualized rate of 11.7%, from $12M in 2017 to $20.8M in 2022.

In 2017, Dominican Republic exported $20M to Bahamas. The main products exported from Dominican Republic to Bahamas were Raw Iron Bars ($5.25M), Cement ($1.4M), and Plastic Lids ($951k). During the last 5 years the exports of Dominican Republic to Bahamas have increased at an annualized rate of 5.9%, from $15M in 2022 to $20M in 2017.

Exports from Bahamas (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Bahamas (Flag) (2022)

Latest Data

Trade between Bahamas (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
Dominican Republic
Top DestinationUnited States$6.85B

This map shows whether countries import more from Bahamas or Dominican Republic. Each country is colored based on the difference in imports they receive from Bahamas and Dominican Republic or the difference in the growth in imports.

In 2022, countries that imported more from Bahamas than Dominican Republic included Cote d'Ivoire ($576M), Thailand ($185M), and Poland ($114M).

In 2022, countries that imported more from Dominican Republic than Bahamas included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Dominican Republic

Flow
Scale

This chart compares trade between Bahamas and Dominican Republic by product, considering products traded by both, Bahamas and Dominican Republic.

During 2022, Bahamas had a large net trade with Dominican Republic in the exports of Mineral Products ($20.8M), Foodstuffs ($12k), and Machines ($4.29k).

During 2017, Dominican Republic had a large net trade with Bahamas in the exports of Metals ($8.04M), Foodstuffs ($2.5M), and Plastics and Rubbers ($2.21M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bahamas and Dominican Republic. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Bahamas.

Product Space of Bahamas (Flag) and Dominican Republic (Flag) (2022)

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