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2022
Flag → Flag
Exports $166MRnk 12 / 163
2022
Flag → Flag
Top Product $59.4MBananas
2022
Flag → Flag
Exports $391MRnk 72 / 224
2022
Flag → Flag
Top Product $151MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Dominican Republic-United Kingdom Trade: In 2022, Dominican Republic exported $166M to United Kingdom. The main products that Dominican Republic exported to United Kingdom were Bananas ($59.4M), Medical Instruments ($23M), and Tropical Fruits ($15.9M). Over the past 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 0.062%, from $165M in 2017 to $166M in 2022.

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

United Kingdom-Dominican Republic Trade: In 2022, United Kingdom exported $391M to Dominican Republic. The main products that United Kingdom exported to Dominican Republic were Refined Petroleum ($151M), Hard Liquor ($110M), and Glass Bottles ($10.1M). Over the past 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 20%,  from $157M in 2017 to $391M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $166M to United Kingdom. The main products exported from Dominican Republic to United Kingdom were Bananas ($59.4M), Medical Instruments ($23M), and Tropical Fruits ($15.9M). During the last 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 0.062%, from $165M in 2017 to $166M in 2022.

In 2017, United Kingdom exported $391M to Dominican Republic. The main products exported from United Kingdom to Dominican Republic were Refined Petroleum ($151M), Hard Liquor ($110M), and Glass Bottles ($10.1M). During the last 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 20%, from $157M in 2022 to $391M in 2017.

Exports from Dominican Republic (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and United Kingdom (Flag)

Dominican Republic Exports

United Kingdom Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Dominican Republic than United Kingdom included Haiti ($1.02B), Jamaica ($139M), and Cuba ($37.3M).

In 2022, countries that imported more from United Kingdom than Dominican Republic included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - United Kingdom

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with United Kingdom in the exports of Vegetable Products ($86M), Instruments ($24.5M), and Foodstuffs ($11M).

During 2017, United Kingdom had a large net trade with Dominican Republic in the exports of Mineral Products ($151M), Foodstuffs ($114M), and Machines ($22.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic United Kingdom+$22.1MMedical Instruments
Top Product Potential United Kingdom Dominican Republic+$25.1MRefined Petroleum

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

Product Space of Dominican Republic (Flag) and United Kingdom (Flag) (2022)

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