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2023
Flag → Flag
Exports $885MRnk 2 / 166
2023
Flag → Flag
Top Product $805MGold
2023
Flag → Flag
Exports $81.9MRnk 100 / 219
2023
Flag → Flag
Top Product $23.3MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 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$99,565CURRENT US$
Rnk 5 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195

About

Dominican Republic-Switzerland Trade: In 2023, Dominican Republic exported $885M to Switzerland. The main products that Dominican Republic exported to Switzerland were Gold ($805M), Cocoa Beans ($34.9M), and Rolled Tobacco ($17.3M). Over the past 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 32.1%, from $220M in 2018 to $885M in 2023.

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

Switzerland-Dominican Republic Trade: In 2023, Switzerland exported $81.9M to Dominican Republic. The main products that Switzerland exported to Dominican Republic were Packaged Medicaments ($23.3M), Malt Extract ($7.69M), and Base Metal Watches ($4.63M). Over the past 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 3.11%,  from $70.3M in 2018 to $81.9M in 2023.

In 2023, Switzerland 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $885M to Switzerland. The main products exported from Dominican Republic to Switzerland were Gold ($805M), Cocoa Beans ($34.9M), and Rolled Tobacco ($17.3M). During the last 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 32.1%, from $220M in 2018 to $885M in 2023.

In 2018, Switzerland exported $81.9M to Dominican Republic. The main products exported from Switzerland to Dominican Republic were Packaged Medicaments ($23.3M), Malt Extract ($7.69M), and Base Metal Watches ($4.63M). During the last 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 3.11%, from $70.3M in 2023 to $81.9M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Switzerland Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Switzerland
Top DestinationGermany$53.8B

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

In 2023, countries that imported more from Dominican Republic than Switzerland included Haiti ($856M), Jamaica ($115M), and Guyana ($72.5M).

In 2023, countries that imported more from Switzerland than Dominican Republic included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

Comparative Advantage Dominican Republic - Switzerland

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Switzerland in the exports of Precious Metals ($806M), Foodstuffs ($54.2M), and Vegetable Products ($11.1M).

During 2018, Switzerland had a large net trade with Dominican Republic in the exports of Chemical Products ($35.6M), Machines ($12.7M), and Foodstuffs ($10.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Switzerland+$7.18MMedical Instruments
Top Product Potential Switzerland Dominican Republic+$6.11MJewellery

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

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

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