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Pricing

2022
Flag → Flag
Exports $161kRnk 130 / 163
2022
Flag → Flag
Top Product $142kRolled Tobacco
2022
Flag → Flag
Exports $12.2MRnk 100 / 205
2022
Flag → Flag
Top Product $6.11MCars
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 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$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Dominican Republic-Hungary Trade: In 2022, Dominican Republic exported $161k to Hungary. The main products that Dominican Republic exported to Hungary were Rolled Tobacco ($142k), Precious Stones ($18.6k), and Interior Decorative Glassware ($149). Over the past 5 years the exports of Dominican Republic to Hungary have increased at an annualized rate of 18.3%, from $69.5k in 2017 to $161k in 2022.

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

Hungary-Dominican Republic Trade: In 2022, Hungary exported $12.2M to Dominican Republic. The main products that Hungary exported to Dominican Republic were Cars ($6.11M), Metal Molds ($1.16M), and Plastic Lids ($1.02M). Over the past 5 years the exports of Hungary to Dominican Republic have increased at an annualized rate of 3.81%,  from $10.1M in 2017 to $12.2M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $161k to Hungary. The main products exported from Dominican Republic to Hungary were Rolled Tobacco ($142k), Precious Stones ($18.6k), and Interior Decorative Glassware ($149). During the last 5 years the exports of Dominican Republic to Hungary have increased at an annualized rate of 18.3%, from $69.5k in 2017 to $161k in 2022.

In 2017, Hungary exported $12.2M to Dominican Republic. The main products exported from Hungary to Dominican Republic were Cars ($6.11M), Metal Molds ($1.16M), and Plastic Lids ($1.02M). During the last 5 years the exports of Hungary to Dominican Republic have increased at an annualized rate of 3.81%, from $10.1M in 2022 to $12.2M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Hungary Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Dominican Republic than Hungary included United States ($6.85B), Haiti ($1.02B), and Jamaica ($139M).

In 2022, countries that imported more from Hungary than Dominican Republic included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

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

Comparative Advantage Dominican Republic - Hungary

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Hungary in the exports of Foodstuffs ($142k), Precious Metals ($18.6k), and Stone And Glass ($149).

During 2017, Hungary had a large net trade with Dominican Republic in the exports of Transportation ($6.23M), Machines ($2.48M), and Plastics and Rubbers ($1.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Hungary+$379kRolled Tobacco
Top Product Potential Hungary Dominican Republic+$8.27MCars

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

Product Space of Dominican Republic (Flag) and Hungary (Flag) (2022)

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