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Pricing

2021
Flag → Flag
Exports $823kRnk 36 / 0
2021
Flag → Flag
Exports $1.37kRnk 66 / 79
2021
Flag → Flag
Top Product $1.3kPaper Labels
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 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$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Dominican Republic-Libya Trade: In 2021, Dominican Republic exported $823k to Libya. The main products that Dominican Republic exported to Libya were N/A. Over the past 10 years the exports of Dominican Republic to Libya have increased at an annualized rate of 23.2%, from $102k in 2011 to $823k in 2021.

In 2021, Dominican Republic did not export any services to Libya.

Libya-Dominican Republic Trade: In 2021, Libya exported $1.37k to Dominican Republic. The main products that Libya exported to Dominican Republic were Paper Labels ($1.3k) and Trunks and Cases ($69). Over the past 10 years the exports of Libya to Dominican Republic have increased at an annualized rate of 2.6%,  from $1.2k in 2011 to $1.37k in 2021.

In 2021, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Dominican Republic exported $823k to Libya. There were not main exports from Dominican Republic to Libya in 2021. During the last 10 years the exports of Dominican Republic to Libya have increased at an annualized rate of 23.2%, from $102k in 2011 to $823k in 2021.

In 2017, Libya exported $1.37k to Dominican Republic. The main products exported from Libya to Dominican Republic were Paper Labels ($1.3k) and Trunks and Cases ($69). During the last 5 years the exports of Libya to Dominican Republic have increased at an annualized rate of 2.6%, from $1.2k in 2022 to $1.37k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Date

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Libya
Top DestinationItaly$9.26B

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

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

In 2022, countries that imported more from Libya than Dominican Republic included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Dominican Republic - Libya

Flow
Scale

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

During 2021, Dominican Republic had a large net trade with Libya in the exports of .

During 2017, Libya had a large net trade with Dominican Republic in the exports of Paper Goods ($1.3k) and Animal Hides ($69).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Libya+$3.32kRolled Tobacco
Top Product Potential Libya Dominican Republic+$6.18kCrude 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 Libya. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Dominican Republic.

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

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