2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 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
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Dominican Republic-Switzerland Trade: In 2022, Dominican Republic exported $1.08B to Switzerland. The main products that Dominican Republic exported to Switzerland were Gold ($1.03B), Cocoa Beans ($21.1M), and Rolled Tobacco ($9.63M). Over the past 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 42.6%, from $184M in 2017 to $1.08B in 2022.

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

Switzerland-Dominican Republic Trade: In 2022, Switzerland exported $76.9M to Dominican Republic. The main products that Switzerland exported to Dominican Republic were Air Pumps ($6.37M), Jewellery ($5.71M), and Malt Extract ($5.63M). Over the past 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 12%,  from $43.7M in 2017 to $76.9M in 2022.

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

Comparison: In 2022,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $1.08B to Switzerland. The main products exported from Dominican Republic to Switzerland were Gold ($1.03B), Cocoa Beans ($21.1M), and Rolled Tobacco ($9.63M). During the last 5 years the exports of Dominican Republic to Switzerland have increased at an annualized rate of 42.6%, from $184M in 2017 to $1.08B in 2022.

In 2017, Switzerland exported $76.9M to Dominican Republic. The main products exported from Switzerland to Dominican Republic were Air Pumps ($6.37M), Jewellery ($5.71M), and Malt Extract ($5.63M). During the last 5 years the exports of Switzerland to Dominican Republic have increased at an annualized rate of 12%, from $43.7M in 2022 to $76.9M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Switzerland Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Switzerland
Top Destination
United States$61.7B

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 2022, countries that imported more from Dominican Republic than Switzerland included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

In 2022, countries that imported more from Switzerland than Dominican Republic included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

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 2022, Dominican Republic had a large net trade with Switzerland in the exports of Precious Metals ($1.03B), Foodstuffs ($32.8M), and Vegetable Products ($10.8M).

During 2017, Switzerland had a large net trade with Dominican Republic in the exports of Machines ($24.3M), Chemical Products ($13.3M), and Foodstuffs ($10.5M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with