Flag China / Dominican Republic Flag

Exports Flag β†’ Flag  (2018): $2.11B, Rnk 80 / 206

Top Product Flag β†’ Flag (2018): $96.9M, Coated Flat-Rolled Iron

Exports Flag β†’ Flag (2018): $172M, Rnk 7 / 108

Top Product Flag β†’ Flag (2018): $32.9M, Medical Instruments

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

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

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 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): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 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

China-Dominican Republic: In 2018, China exported $2.11B to Dominican Republic. The main products exported from China to Dominican Republic were Coated Flat-Rolled Iron ($96.9M), Air Conditioners ($58.5M), and Rubber Footwear ($54.4M). During the last 23 years the exports of China to Dominican Republic have increased at an annualized rate of 19.1%, from $38.1M in 1995 to $2.11B in 2018.

Dominican Republic-China: In 2018, Dominican Republic exported $172M to China. The main products exported from Dominican Republic to China were Medical Instruments ($32.9M), Scrap Copper ($30.2M), and Copper Ore ($18M). During the last 23 years the exports of Dominican Republic to China have increased at an annualized rate of 48.9%, from $18.2k in 1995 to $172M in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). 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, China was ranked 78 with a GDP Per Capita of $9,771, 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, China exported $2.11B to Dominican Republic. The main products exported from China to Dominican Republic were Coated Flat-Rolled Iron ($96.9M), Air Conditioners ($58.5M), and Rubber Footwear ($54.4M). During the last 23 years the exports of China to Dominican Republic have increased at an annualized rate of 19.1%, from $38.1M in 1995 to $2.11B in 2018.

In 2018, Dominican Republic exported $172M to China. The main products exported from Dominican Republic to China were Medical Instruments ($32.9M), Scrap Copper ($30.2M), and Copper Ore ($18M). During the last 23 years the exports of Dominican Republic to China have increased at an annualized rate of 48.9%, from $18.2k in 1995 to $172M in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Dominican Republic
Top Destination
: United States, $4.45B

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

In 2018, countries that imported more from China than Dominican Republic were United States ($499B), Hong Kong ($282B), and Japan ($155B).

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

Comparative Advantage China - Dominican Republic

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Depth

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

During 2018, China had a large net trade with Dominican Republic in the exports of Machines ($553M), Metals ($352M), and Textiles ($235M).

During 2018, Dominican Republic had a large net trade with China in the exports of Metals ($48.1M), Instruments ($33.8M), and Mineral Products ($25.9M).

Tariff Section

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

In 2018, the products from China that paid the highest import tariffs to enter Dominican Republic were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Dominican Republic that paid the highest import tariffs to enter China 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 China and Dominican Republic are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China 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 China has comparative advantage over Dominican Republic. Similarly, the more red a dot/product is, the more Dominican Republic has comparative advantage over China.