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2023
Flag → Flag
Exports $2MRnk 93 / 166
2023
Flag → Flag
Top Product $1.68MRolled Tobacco
2023
Flag → Flag
Exports $5.46MRnk 101 / 200
2023
Flag → Flag
Top Product $1.07MAnimal Food
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH107%CURRENT US$
Rnk 6 / 195

About

Dominican Republic-Bulgaria Trade: In 2023, Dominican Republic exported $2M to Bulgaria. The main products that Dominican Republic exported to Bulgaria were Rolled Tobacco ($1.68M), Hard Liquor ($148k), and Aqueous Paints ($51.4k). Over the past 5 years the exports of Dominican Republic to Bulgaria have increased at an annualized rate of 16.3%, from $936k in 2018 to $2M in 2023.

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

Bulgaria-Dominican Republic Trade: In 2023, Bulgaria exported $5.46M to Dominican Republic. The main products that Bulgaria exported to Dominican Republic were Animal Food ($1.07M), Baked Goods ($530k), and Medical Instruments ($372k). Over the past 5 years the exports of Bulgaria to Dominican Republic have decreased at an annualized rate of 9.21%,  from $8.85M in 2018 to $5.46M in 2023.

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

Comparison: In 2023,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $2M to Bulgaria. The main products exported from Dominican Republic to Bulgaria were Rolled Tobacco ($1.68M), Hard Liquor ($148k), and Aqueous Paints ($51.4k). During the last 5 years the exports of Dominican Republic to Bulgaria have increased at an annualized rate of 16.3%, from $936k in 2018 to $2M in 2023.

In 2018, Bulgaria exported $5.46M to Dominican Republic. The main products exported from Bulgaria to Dominican Republic were Animal Food ($1.07M), Baked Goods ($530k), and Medical Instruments ($372k). During the last 5 years the exports of Bulgaria to Dominican Republic have decreased at an annualized rate of 9.21%, from $8.85M in 2023 to $5.46M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Bulgaria Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Bulgaria
Top DestinationGermany$6.84B

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

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

In 2023, countries that imported more from Bulgaria than Dominican Republic included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

Comparative Advantage Dominican Republic - Bulgaria

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Bulgaria in the exports of Foodstuffs ($1.86M), Chemical Products ($51.4k), and Plastics and Rubbers ($48k).

During 2018, Bulgaria had a large net trade with Dominican Republic in the exports of Foodstuffs ($1.64M), Machines ($696k), and Chemical Products ($646k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Bulgaria+$1.12MRolled Tobacco
Top Product Potential Bulgaria Dominican Republic+$669kGlass Bottles

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 Dominican Republic and Bulgaria. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Dominican Republic.

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

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