2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Dominican Republic-Austria In 2022, Dominican Republic exported $2.83M to Austria. The main products that Dominican Republic exported to Austria are Rolled Tobacco ($1.17M), Hard Liquor ($1.14M), and Knit T-shirts ($216k). During the last 26 years the exports of Dominican Republic to Austria have increased at an annualized rate of 1.67%, from $1.84M in 1996 to $2.83M in 2022.

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

Austria-Dominican Republic In 2022, Austria exported $56.4M to Dominican Republic. The main products that Austria exported to Dominican Republic were Rubberworking Machinery ($13.6M), Flavored Water ($7.01M), and Cheese ($3.57M). During the last 26 years the exports of Austria to Dominican Republic have increased at an annualized rate of 9.74%, from $5.03M in 1996 to $56.4M in 2022.

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

Comparison In 2022,  Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $2.83M to Austria. The main products exported from Dominican Republic to Austria were Rolled Tobacco ($1.17M), Hard Liquor ($1.14M), and Knit T-shirts ($216k). During the last 26 years the exports of Dominican Republic to Austria have increased at an annualized rate of 1.67%, from $1.84M in 1996 to $2.83M in 2022.

In 2022, Austria exported $56.4M to Dominican Republic. The main products exported from Austria to Dominican Republic were Rubberworking Machinery ($13.6M), Flavored Water ($7.01M), and Cheese ($3.57M). During the last 26 years the exports of Austria to Dominican Republic have increased at an annualized rate of 9.74%, from $5.03M in 1996 to $56.4M in 2022.

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

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

Latest Data

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

Dominican Republic Exports

Austria Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Austria
Top Destination
Germany$57.7B

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

In 2021, countries that imported more from Dominican Republic than Austria were Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

In 2021, countries that imported more from Austria than Dominican Republic were Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

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

Comparative Advantage Dominican Republic - Austria

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Austria in the exports of Foodstuffs ($2.37M), Textiles ($222k), and Instruments ($143k).

During 2022, Austria had a large net trade with Dominican Republic in the exports of Machines ($26.5M), Foodstuffs ($7.48M), and Miscellaneous ($4.6M).

Economic Complexity

Competitive Landscape

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

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

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