Flag Canada / Dominican Republic Flag

Exports FlagFlag  (2018): $147M, Rnk 64 / 212

Top Product FlagFlag (2018): $46.9M, Wheat

Exports FlagFlag (2018): $669M, Rnk 2 / 108

Top Product FlagFlag (2018): $553M, Gold

Economic Complexity of Flag (2018): ECI 0.98, Rnk 25 / 137

Economic Complexity of Flag (2018): ECI -0.19, Rnk 76 / 137

GDP Flag (2018): $1.71T, CURRENT US$
Rnk 10 / 196

GDP GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 141 / 196

GDP Flag (2018): $85.6B, CURRENT US$
Rnk 66 / 196

GDP GROWTH Flag (2008-2018): 77.8%, CURRENT US$
Rnk 46 / 196

GDP PC Flag (2018): $46,233, CURRENT US$
Rnk 20 / 196

GDP PC GROWTH Flag (2008-2018): -0.78%, CURRENT US$
Rnk 149 / 196

GDP PC Flag (2018): $8,051, CURRENT US$
Rnk 87 / 196

GDP PC GROWTH Flag (2008-2018): 58.2%, CURRENT US$
Rnk 38 / 196

Canada-Dominican Republic: In 2018, Canada exported $147M to Dominican Republic. The main products exported from Canada to Dominican Republic were Wheat ($46.9M), Processed Fish ($21.2M), and Semi-Finished Iron ($15.1M). During the last 23 years the exports of Canada to Dominican Republic have increased at an annualized rate of 4.44%, from $54.1M in 1995 to $147M in 2018.

Dominican Republic-Canada: In 2018, Dominican Republic exported $669M to Canada. The main products exported from Dominican Republic to Canada were Gold ($553M), Silver ($34.7M), and Low-voltage Protection Equipment ($32.9M). During the last 23 years the exports of Dominican Republic to Canada have increased at an annualized rate of 12%, from $49.8M in 1995 to $669M in 2018.

Comparison: In 2018, Canada ranked 25 in the Economic Complexity Index (ECI 0.98), and 12 in total exports ($431B). That same year, Dominican Republic ranked 76 in the Economic Complexity Index (ECI -0.19), and 96 in total exports ($8.24B). In terms of GDP Per Capita, Canada was ranked 20 with a GDP Per Capita of $46,233, and Dominican Republic was ranked 87 with a GDP Per Capita of $8,051.

Bilateral Trade by Products

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Depth
Value

In 2018, Canada exported $147M to Dominican Republic. The main products exported from Canada to Dominican Republic were Wheat ($46.9M), Processed Fish ($21.2M), and Semi-Finished Iron ($15.1M). During the last 23 years the exports of Canada to Dominican Republic have increased at an annualized rate of 4.44%, from $54.1M in 1995 to $147M in 2018.

In 2018, Dominican Republic exported $669M to Canada. The main products exported from Dominican Republic to Canada were Gold ($553M), Silver ($34.7M), and Low-voltage Protection Equipment ($32.9M). During the last 23 years the exports of Dominican Republic to Canada have increased at an annualized rate of 12%, from $49.8M in 1995 to $669M in 2018.

Market Competitiveness

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Measure

Canada
Top Destination
: United States, $314B

Dominican Republic
Top Destination
: United States, $4.45B

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

In 2018, countries that imported more from Canada than Dominican Republic were United States ($314B), China ($21.5B), and United Kingdom ($12.9B).

In 2018, no countries were registered that imported more from Dominican Republic than from Canada.

Comparative Advantage Canada - Dominican Republic

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Depth

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

During 2018, Canada had a large net trade with Dominican Republic in the exports of Vegetable Products ($50.1M), Animal Products ($22.9M), and Chemical Products ($21M).

During 2018, Dominican Republic had a large net trade with Canada in the exports of Precious Metals ($587M), Machines ($34.2M), and Textiles ($17.2M).

Tariff Section

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This sections shows import tariffs for products traded between Canada and Dominican Republic (using the HS6 product classification and the last year reported).

In 2018, the products from Canada that paid the highest import tariffs to enter Dominican Republic were Dairy produce: derived from milk, butter (299%) and Milk and cream unsweetened, concentrated (259%).

In 2018, the products from Dominican Republic that paid the highest import tariffs to enter Canada were Bovine carcasses and half carcasses, fresh or chilled (40%) and Bovine cuts bone in, fresh or chilled (40%).

Explore Tariff Data

*The tariffs present between Canada and Dominican Republic are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Canada and Dominican Republic. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Dominican Republic. Similarly, the more red a dot/product is, the more Dominican Republic has comparative advantage over Canada.