2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 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
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Dominican Republic-Malawi Trade: In 2022, Dominican Republic exported $159k to Malawi. The main products that Dominican Republic exported to Malawi were Textile Footwear ($159k). Over the past 9 years the exports of Dominican Republic to Malawi have increased at an annualized rate of 65.3%, from $1.74k in 2013 to $159k in 2022.

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

Malawi-Dominican Republic Trade: In 2022, Malawi exported $4.83M to Dominican Republic. The main products that Malawi exported to Dominican Republic were Raw Tobacco ($4.79M), Liquid Pumps ($44.5k), and Office Machine Parts ($2.04k). Over the past 9 years the exports of Malawi to Dominican Republic have decreased at an annualized rate of 4.51%,  from $6.09M in 2013 to $4.83M in 2022.

In 2022, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $159k to Malawi. The main products exported from Dominican Republic to Malawi were Textile Footwear ($159k). During the last 9 years the exports of Dominican Republic to Malawi have increased at an annualized rate of 65.3%, from $1.74k in 2013 to $159k in 2022.

In 2017, Malawi exported $4.83M to Dominican Republic. The main products exported from Malawi to Dominican Republic were Raw Tobacco ($4.79M), Liquid Pumps ($44.5k), and Office Machine Parts ($2.04k). During the last 5 years the exports of Malawi to Dominican Republic have decreased at an annualized rate of 4.51%, from $6.09M in 2022 to $4.83M in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Malawi
Top Destination
United Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Dominican Republic included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Dominican Republic - Malawi

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Malawi in the exports of Footwear and Headwear ($159k).

During 2017, Malawi had a large net trade with Dominican Republic in the exports of Foodstuffs ($4.79M), Machines ($46.5k), and Instruments ($385).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Malawi+$1.89kGold
Top Product Potential Malawi Dominican Republic+$2.94kRaw Tobacco

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

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

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