2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186

About

Dominican Republic-Maldives Trade: In 2022, Dominican Republic exported $43.8k to Maldives. The main products that Dominican Republic exported to Maldives were Hard Liquor ($24k), Electric Motor Parts ($4.84k), and Rolled Tobacco ($4.47k). Over the past 6 years the exports of Dominican Republic to Maldives have increased at an annualized rate of 101%, from $672 in 2016 to $43.8k in 2022.

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

Maldives-Dominican Republic Trade: In 2022, Maldives exported $448 to Dominican Republic. The main products that Maldives exported to Dominican Republic were Other Frozen Vegetables ($357), Trunks and Cases ($79), and Processed Fish ($12). Over the past 6 years the exports of Maldives to Dominican Republic have decreased at an annualized rate of 14%,  from $2.75k in 2016 to $448 in 2022.

In 2022, Maldives 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, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $43.8k to Maldives. The main products exported from Dominican Republic to Maldives were Hard Liquor ($24k), Electric Motor Parts ($4.84k), and Rolled Tobacco ($4.47k). During the last 6 years the exports of Dominican Republic to Maldives have increased at an annualized rate of 101%, from $672 in 2016 to $43.8k in 2022.

In 2017, Maldives exported $448 to Dominican Republic. The main products exported from Maldives to Dominican Republic were Other Frozen Vegetables ($357), Trunks and Cases ($79), and Processed Fish ($12). During the last 5 years the exports of Maldives to Dominican Republic have decreased at an annualized rate of 14%, from $2.75k in 2022 to $448 in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Maldives
Top Destination
India$488M

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

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

In 2022, countries that imported more from Maldives than Dominican Republic included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

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

Comparative Advantage Dominican Republic - Maldives

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Maldives in the exports of Foodstuffs ($28.5k), Machines ($9.02k), and Instruments ($4.83k).

During 2017, Maldives had a large net trade with Dominican Republic in the exports of Foodstuffs ($369) and Animal Hides ($79).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Maldives. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Maldives. Similarly, a dot/product with the flag of Maldives indicates it has a comparative advantage over Dominican Republic.

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

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