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Pricing

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Flag → Flag
Exports $299kRnk 62 / 125
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Flag → Flag
Top Product $113kOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
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Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
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GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

In N/A, Dominican Republic did not export any services to Laos.

Laos-Dominican Republic Trade: In N/A, Laos exported $299k to Dominican Republic. The main products that Laos exported to Dominican Republic were Other Plastic Products ($113k), Rubber Footwear ($106k), and Leather Footwear ($42.8k). Over the past N/A years the exports of Laos to Dominican Republic have increased at an annualized rate of 90.6%,  from $11.9k in N/A to $299k in N/A.

In N/A, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

Dominican Republic does not register exports to Laos.

In 2017, Laos exported $299k to Dominican Republic. The main products exported from Laos to Dominican Republic were Other Plastic Products ($113k), Rubber Footwear ($106k), and Leather Footwear ($42.8k). During the last 5 years the exports of Laos to Dominican Republic have increased at an annualized rate of 90.6%, from $11.9k in 2022 to $299k in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Laos
Top DestinationThailand$3.29B

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

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

In 2022, countries that imported more from Laos than Dominican Republic included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Dominican Republic - Laos

Flow
Scale

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

During 2017, Laos had a large net trade with Dominican Republic in the exports of Footwear and Headwear ($175k), Plastics and Rubbers ($113k), and Textiles ($4.57k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Laos+$2.93kGold
Top Product Potential Laos Dominican Republic+$2.61kGold

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

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

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