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2022
Flag → Flag
Exports $12.3MRnk 59 / 163
2022
Flag → Flag
Top Product $7.07MRaw Iron Bars
2022
Flag → Flag
Exports $9.47kRnk 55 / 92
2022
Flag → Flag
Top Product $5.79kSelf-adhesive Plastics
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Dominican Republic-Cayman Islands Trade: In 2022, Dominican Republic exported $12.3M to Cayman Islands. The main products that Dominican Republic exported to Cayman Islands were Raw Iron Bars ($7.07M), Cement ($3.6M), and Plastic Pipes ($358k). Over the past 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 44.2%, from $1.97M in 2017 to $12.3M in 2022.

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

Cayman Islands-Dominican Republic Trade: In 2022, Cayman Islands exported $9.47k to Dominican Republic. The main products that Cayman Islands exported to Dominican Republic were Self-adhesive Plastics ($5.79k), Hand Tools ($1.69k), and Raw Tobacco ($635). Over the past 5 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 3.1%,  from $11.1k in 2017 to $9.47k in 2022.

In 2022, Cayman Islands 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, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $12.3M to Cayman Islands. The main products exported from Dominican Republic to Cayman Islands were Raw Iron Bars ($7.07M), Cement ($3.6M), and Plastic Pipes ($358k). During the last 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 44.2%, from $1.97M in 2017 to $12.3M in 2022.

In 2017, Cayman Islands exported $9.47k to Dominican Republic. The main products exported from Cayman Islands to Dominican Republic were Self-adhesive Plastics ($5.79k), Hand Tools ($1.69k), and Raw Tobacco ($635). During the last 5 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 3.1%, from $11.1k in 2022 to $9.47k in 2017.

Exports from Dominican Republic (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Cayman Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Dominican Republic than Cayman Islands included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

In 2022, countries that imported more from Cayman Islands than Dominican Republic included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Cayman Islands

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Cayman Islands in the exports of Metals ($7.32M), Mineral Products ($3.67M), and Plastics and Rubbers ($476k).

During 2017, Cayman Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($5.79k), Metals ($1.69k), and Textiles ($890).

Economic Complexity

Competitive Landscape

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

Product Space of Dominican Republic (Flag) and Cayman Islands (Flag) (2022)

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