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2023
Flag → Flag
Exports $10.6kRnk 48 / 90
2023
Flag → Flag
Top Product $1.71kTextile Scraps
2023
Flag → Flag
Exports $228kRnk 125 / 166
2023
Flag → Flag
Top Product $127kBuilding Stone
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Bermuda-Dominican Republic Trade: In 2023, Bermuda exported $10.6k to Dominican Republic. The main products that Bermuda exported to Dominican Republic were Textile Scraps ($1.71k), Hard Liquor ($1.58k), and Imitation Jewellery ($1.52k). Over the past 5 years the exports of Bermuda to Dominican Republic have decreased at an annualized rate of 2.06%, from $11.8k in 2018 to $10.6k in 2023.

In 2023, Bermuda did not export any services to Dominican Republic.

Dominican Republic-Bermuda Trade: In 2023, Dominican Republic exported $228k to Bermuda. The main products that Dominican Republic exported to Bermuda were Building Stone ($127k), Cement Articles ($54.8k), and Other Fermented Beverages ($11.3k). Over the past 5 years the exports of Dominican Republic to Bermuda have decreased at an annualized rate of 33%,  from $1.69M in 2018 to $228k in 2023.

In 2023, Dominican Republic did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $10.6k to Dominican Republic. The main products exported from Bermuda to Dominican Republic were Textile Scraps ($1.71k), Hard Liquor ($1.58k), and Imitation Jewellery ($1.52k). During the last 5 years the exports of Bermuda to Dominican Republic have decreased at an annualized rate of 2.06%, from $11.8k in 2018 to $10.6k in 2023.

In 2018, Dominican Republic exported $228k to Bermuda. The main products exported from Dominican Republic to Bermuda were Building Stone ($127k), Cement Articles ($54.8k), and Other Fermented Beverages ($11.3k). During the last 5 years the exports of Dominican Republic to Bermuda have decreased at an annualized rate of 33%, from $1.69M in 2023 to $228k in 2018.

Exports from Bermuda (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Bermuda (Flag) (2023)

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Bermuda than Dominican Republic included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

In 2023, countries that imported more from Dominican Republic than Bermuda included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Dominican Republic

Flow
Scale

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

During 2023, Bermuda had a large net trade with Dominican Republic in the exports of Stone And Glass ($1.88k), Textiles ($1.71k), and Foodstuffs ($1.58k).

During 2018, Dominican Republic had a large net trade with Bermuda in the exports of Stone And Glass ($184k), Machines ($18.4k), and Foodstuffs ($11.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bermuda and Dominican Republic. This means that a dot/product with the flag of Bermuda 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 Bermuda.

Product Space of Bermuda (Flag) and Dominican Republic (Flag) (2023)

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