2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Cuba-Dominican Republic Trade: In 2023, Cuba exported $6.77M to Dominican Republic. The main products that Cuba exported to Dominican Republic were Raw Tobacco ($4.2M), Packaged Medicaments ($1.61M), and Beer ($204k). Over the past 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 13.7%, from $14.1M in 2018 to $6.77M in 2023.

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

Dominican Republic-Cuba Trade: In 2023, Dominican Republic exported $49.9M to Cuba. The main products that Dominican Republic exported to Cuba were Raw Tobacco ($7M), Soybean Oil ($5.35M), and Beer ($4.1M). Over the past 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 2.55%,  from $56.8M in 2018 to $49.9M in 2023.

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

Comparison: In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). 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, Cuba exported $6.77M to Dominican Republic. The main products exported from Cuba to Dominican Republic were Raw Tobacco ($4.2M), Packaged Medicaments ($1.61M), and Beer ($204k). During the last 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 13.7%, from $14.1M in 2018 to $6.77M in 2023.

In 2018, Dominican Republic exported $49.9M to Cuba. The main products exported from Dominican Republic to Cuba were Raw Tobacco ($7M), Soybean Oil ($5.35M), and Beer ($4.1M). During the last 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 2.55%, from $56.8M in 2023 to $49.9M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Cuba than Dominican Republic included Cyprus ($42.5M), Macau ($29.2M), and Hong Kong ($43.7M).

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

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

Comparative Advantage Cuba - Dominican Republic

Flow
Scale

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

During 2023, Cuba had a large net trade with Dominican Republic in the exports of Foodstuffs ($4.47M), Chemical Products ($1.96M), and Animal Products ($209k).

During 2018, Dominican Republic had a large net trade with Cuba in the exports of Foodstuffs ($21.9M), Animal and Vegetable Bi-Products ($6.06M), and Chemical Products ($5.07M).

Economic Complexity

Competitive Landscape

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

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

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