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Pricing

2022
Flag → Flag
Exports $76.9MRnk 99 / 219
2022
Flag → Flag
Top Product $6.37MAir Pumps
2022
Flag → Flag
Exports $1.08BRnk 2 / 163
2022
Flag → Flag
Top Product $1.03BGold
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Switzerland-Dominican Republic Trade: In 2022, Switzerland exported $76.9M to Dominican Republic. The main products that Switzerland exported to Dominican Republic were Air Pumps ($6.37M), Jewellery ($5.71M), and Malt Extract ($5.63M). Over the past 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 12%, from $43.7M in 2017 to $76.9M in 2022.

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

Dominican Republic-Switzerland Trade: In 2022, Dominican Republic exported $1.08B to Switzerland. The main products that Dominican Republic exported to Switzerland were Gold ($1.03B), Cocoa Beans ($21.1M), and Rolled Tobacco ($9.63M). Over the past 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 42.6%,  from $184M in 2017 to $1.08B in 2022.

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

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $76.9M to Dominican Republic. The main products exported from Switzerland to Dominican Republic were Air Pumps ($6.37M), Jewellery ($5.71M), and Malt Extract ($5.63M). During the last 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 12%, from $43.7M in 2017 to $76.9M in 2022.

In 2017, Dominican Republic exported $1.08B to Switzerland. The main products exported from Dominican Republic to Switzerland were Gold ($1.03B), Cocoa Beans ($21.1M), and Rolled Tobacco ($9.63M). During the last 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 42.6%, from $184M in 2022 to $1.08B in 2017.

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

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

Latest Data

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

Switzerland Exports

Dominican Republic Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Switzerland than Dominican Republic included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Dominican Republic than Switzerland included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

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

Comparative Advantage Switzerland - Dominican Republic

Flow
Scale

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

During 2022, Switzerland had a large net trade with Dominican Republic in the exports of Machines ($24.3M), Chemical Products ($13.3M), and Foodstuffs ($10.5M).

During 2017, Dominican Republic had a large net trade with Switzerland in the exports of Precious Metals ($1.03B), Foodstuffs ($32.8M), and Vegetable Products ($10.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Dominican Republic+$6.11MJewellery
Top Product Potential Dominican Republic Switzerland+$7.18MMedical 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 Switzerland and Dominican Republic. This means that a dot/product with the flag of Switzerland 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 Switzerland.

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

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