2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Brazil-Dominican Republic Trade: In 2023, Brazil exported $1.14B to Dominican Republic. The main products that Brazil exported to Dominican Republic were Corn ($267M), Semi-Finished Iron ($187M), and Poultry Meat ($54.8M). Over the past 5 years the exports of Brazil to Dominican Republic have increased at an annualized rate of 7.99%, from $775M in 2018 to $1.14B in 2023.

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

Dominican Republic-Brazil Trade: In 2023, Dominican Republic exported $34.9M to Brazil. The main products that Dominican Republic exported to Brazil were Medical Instruments ($12.5M), Other Plastic Products ($9.91M), and Scrap Copper ($3.28M). Over the past 5 years the exports of Dominican Republic to Brazil have increased at an annualized rate of 9.99%,  from $21.7M in 2018 to $34.9M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). 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, Brazil exported $1.14B to Dominican Republic. The main products exported from Brazil to Dominican Republic were Corn ($267M), Semi-Finished Iron ($187M), and Poultry Meat ($54.8M). During the last 5 years the exports of Brazil to Dominican Republic have increased at an annualized rate of 7.99%, from $775M in 2018 to $1.14B in 2023.

In 2018, Dominican Republic exported $34.9M to Brazil. The main products exported from Dominican Republic to Brazil were Medical Instruments ($12.5M), Other Plastic Products ($9.91M), and Scrap Copper ($3.28M). During the last 5 years the exports of Dominican Republic to Brazil have increased at an annualized rate of 9.99%, from $21.7M in 2023 to $34.9M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Brazil than Dominican Republic included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Dominican Republic than Brazil included Haiti ($856M), Turks and Caicos Islands ($21.6M), and Dominica ($6.23M).

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

Comparative Advantage Brazil - Dominican Republic

Flow
Scale

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

During 2023, Brazil had a large net trade with Dominican Republic in the exports of Vegetable Products ($305M), Metals ($258M), and Transportation ($97.5M).

During 2018, Dominican Republic had a large net trade with Brazil in the exports of Instruments ($13M), Plastics and Rubbers ($10.7M), and Metals ($3.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Dominican Republic+$18.2MCars
Top Product Potential Dominican Republic Brazil+$15.4MMedical Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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