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2023
Flag → Flag
Exports $26.4MRnk 39 / 166
2023
Flag → Flag
Top Product $8.12MRolled Tobacco
2023
Flag → Flag
Exports $49.5MRnk 78 / 198
2023
Flag → Flag
Top Product $9.32MSemiconductor Devices
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 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$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Dominican Republic-Hong Kong Trade: In 2023, Dominican Republic exported $26.4M to Hong Kong. The main products that Dominican Republic exported to Hong Kong were Rolled Tobacco ($8.12M), Live Fish ($5.96M), and Broadcasting Equipment ($3M). Over the past 5 years the exports of Dominican Republic to Hong Kong have decreased at an annualized rate of 1.52%, from $28.5M in 2018 to $26.4M in 2023.

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

Hong Kong-Dominican Republic Trade: In 2023, Hong Kong exported $49.5M to Dominican Republic. The main products that Hong Kong exported to Dominican Republic were Semiconductor Devices ($9.32M), Propylene Polymers ($3.54M), and Other Coloring Matter ($3.37M). Over the past 5 years the exports of Hong Kong to Dominican Republic have decreased at an annualized rate of 9.93%,  from $83.5M in 2018 to $49.5M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $26.4M to Hong Kong. The main products exported from Dominican Republic to Hong Kong were Rolled Tobacco ($8.12M), Live Fish ($5.96M), and Broadcasting Equipment ($3M). During the last 5 years the exports of Dominican Republic to Hong Kong have decreased at an annualized rate of 1.52%, from $28.5M in 2018 to $26.4M in 2023.

In 2018, Hong Kong exported $49.5M to Dominican Republic. The main products exported from Hong Kong to Dominican Republic were Semiconductor Devices ($9.32M), Propylene Polymers ($3.54M), and Other Coloring Matter ($3.37M). During the last 5 years the exports of Hong Kong to Dominican Republic have decreased at an annualized rate of 9.93%, from $83.5M in 2023 to $49.5M in 2018.

Exports from Dominican Republic (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Hong Kong (Flag)

Dominican Republic Exports

Hong Kong Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Dominican Republic than Hong Kong included United States ($7.08B), Haiti ($856M), and Jamaica ($115M).

In 2023, countries that imported more from Hong Kong than Dominican Republic included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Hong Kong

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Hong Kong in the exports of Foodstuffs ($9.06M), Animal Products ($6.17M), and Machines ($6.14M).

During 2018, Hong Kong had a large net trade with Dominican Republic in the exports of Machines ($19.6M), Plastics and Rubbers ($8M), and Chemical Products ($4.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Hong Kong+$4.16MTelephones
Top Product Potential Hong Kong Dominican Republic+$7.79MTelephones

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

Product Space of Dominican Republic (Flag) and Hong Kong (Flag) (2023)

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