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2022
Flag → Flag
Exports $342MRnk 6 / 163
2022
Flag → Flag
Top Product $52.4MBananas
2022
Flag → Flag
Exports $215MRnk 94 / 224
2022
Flag → Flag
Top Product $20.6MCheese
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Dominican Republic-Netherlands Trade: In 2022, Dominican Republic exported $342M to Netherlands. The main products that Dominican Republic exported to Netherlands were Bananas ($52.4M), Medical Instruments ($51.9M), and Ferroalloys ($45M). Over the past 5 years the exports of Dominican Republic to Netherlands have increased at an annualized rate of 13.6%, from $181M in 2017 to $342M in 2022.

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

Netherlands-Dominican Republic Trade: In 2022, Netherlands exported $215M to Dominican Republic. The main products that Netherlands exported to Dominican Republic were Cheese ($20.6M), Tobacco Processing Machines ($18.2M), and Malt Extract ($11.4M). Over the past 5 years the exports of Netherlands to Dominican Republic have increased at an annualized rate of 4.97%,  from $168M in 2017 to $215M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $342M to Netherlands. The main products exported from Dominican Republic to Netherlands were Bananas ($52.4M), Medical Instruments ($51.9M), and Ferroalloys ($45M). During the last 5 years the exports of Dominican Republic to Netherlands have increased at an annualized rate of 13.6%, from $181M in 2017 to $342M in 2022.

In 2017, Netherlands exported $215M to Dominican Republic. The main products exported from Netherlands to Dominican Republic were Cheese ($20.6M), Tobacco Processing Machines ($18.2M), and Malt Extract ($11.4M). During the last 5 years the exports of Netherlands to Dominican Republic have increased at an annualized rate of 4.97%, from $168M in 2022 to $215M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Netherlands Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Dominican Republic than Netherlands included Haiti ($1.02B), Jamaica ($139M), and Turks and Caicos Islands ($24.4M).

In 2022, countries that imported more from Netherlands than Dominican Republic included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Dominican Republic - Netherlands

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Netherlands in the exports of Vegetable Products ($89.8M), Instruments ($53.3M), and Metals ($52.1M).

During 2017, Netherlands had a large net trade with Dominican Republic in the exports of Machines ($54M), Animal Products ($31.8M), and Foodstuffs ($27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Netherlands+$30.2MMedical Instruments
Top Product Potential Netherlands Dominican Republic+$6.25MRefined 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 Netherlands. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Dominican Republic.

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

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