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2023
Flag → Flag
Exports $12.2MRnk 57 / 166
2023
Flag → Flag
Top Product $4.41MMedical Instruments
2023
Flag → Flag
Exports $20.7MRnk 82 / 150
2023
Flag → Flag
Top Product $3.72MOther Plastic Products
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 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$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

Dominican Republic-Israel Trade: In 2023, Dominican Republic exported $12.2M to Israel. The main products that Dominican Republic exported to Israel were Medical Instruments ($4.41M), Tropical Fruits ($2.13M), and Other Plastic Products ($1.35M). Over the past 5 years the exports of Dominican Republic to Israel have decreased at an annualized rate of 1.17%, from $12.9M in 2018 to $12.2M in 2023.

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

Israel-Dominican Republic Trade: In 2023, Israel exported $20.7M to Dominican Republic. The main products that Israel exported to Dominican Republic were Other Plastic Products ($3.72M), Pesticides ($1.57M), and Non-Retail Synthetic Filament Yarn ($1.52M). Over the past 5 years the exports of Israel to Dominican Republic have decreased at an annualized rate of 4.96%,  from $29.6M in 2018 to $20.7M in 2023.

In 2012, Israel exported services to Dominican Republic worth $8.75M, with Computer and information services ($8.75M) being the largest in terms of value.

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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $12.2M to Israel. The main products exported from Dominican Republic to Israel were Medical Instruments ($4.41M), Tropical Fruits ($2.13M), and Other Plastic Products ($1.35M). During the last 5 years the exports of Dominican Republic to Israel have decreased at an annualized rate of 1.17%, from $12.9M in 2018 to $12.2M in 2023.

In 2018, Israel exported $20.7M to Dominican Republic. The main products exported from Israel to Dominican Republic were Other Plastic Products ($3.72M), Pesticides ($1.57M), and Non-Retail Synthetic Filament Yarn ($1.52M). During the last 5 years the exports of Israel to Dominican Republic have decreased at an annualized rate of 4.96%, from $29.6M in 2023 to $20.7M in 2018.

Exports from Dominican Republic (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to Dominican Republic (Flag) (2023)

Latest Data

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

Dominican Republic Exports

Israel Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from Dominican Republic than Israel included Haiti ($856M), Switzerland ($885M), and Jamaica ($115M).

In 2023, countries that imported more from Israel than Dominican Republic included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

Difference in imports from Israel (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Israel

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Israel in the exports of Instruments ($4.49M), Vegetable Products ($2.29M), and Chemical Products ($1.45M).

During 2018, Israel had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($6.56M), Chemical Products ($3.42M), and Machines ($3.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Israel+$750kLow-voltage Protection Equipment
Top Product Potential Israel Dominican Republic+$3.27MMedical Instruments

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

Product Space of Dominican Republic (Flag) and Israel (Flag) (2023)

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