Dominican Republic (DOM) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

2023

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Exports $228kRnk 125 / 166

2023

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About

Dominican Republic-Bermuda Trade: In 2023, Dominican Republic exported $228k to Bermuda. The main products that Dominican Republic exported to Bermuda were Building Stone ($127k), Cement Articles ($54.8k), and Other Fermented Beverages ($11.3k). Over the past 5 years the exports of Dominican Republic to Bermuda have decreased at an annualized rate of 33%, from $1.69M in 2018 to $228k in 2023.

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

Bermuda-Dominican Republic Trade: In 2023, Bermuda exported $10.6k to Dominican Republic. The main products that Bermuda exported to Dominican Republic were Textile Scraps ($1.71k), Hard Liquor ($1.58k), and Imitation Jewellery ($1.52k). Over the past 5 years the exports of Bermuda to Dominican Republic have decreased at an annualized rate of 2.06%, from $11.8k in 2018 to $10.6k in 2023.

In 2023, Bermuda 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, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Dominican Republic () and Bermuda ()

Dominican Republic Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominican Republic
Top DestinationUnited States$7.08B

Bermuda
Top DestinationGermany$101M

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

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

In 2023, countries that imported more from Bermuda than Dominican Republic included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

Difference in imports from Bermuda () and Dominican Republic () (2023)

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Bermuda. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Bermuda. Similarly, a dot/product with the flag of Bermuda indicates it has a comparative advantage over Dominican Republic.