2023
Flag  
GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Dominican Republic-Philippines Trade: In 2023, Dominican Republic exported $14.9M to Philippines. The main products that Dominican Republic exported to Philippines were Plastic Lids ($5.01M), Oscilloscopes ($2.2M), and Medical Instruments ($1.33M). Over the past 5 years the exports of Dominican Republic to Philippines have decreased at an annualized rate of 15.1%, from $33.8M in 2018 to $14.9M in 2023.

In 2023, Dominican Republic did not export any services to Philippines.

Philippines-Dominican Republic Trade: In 2023, Philippines exported $28.8M to Dominican Republic. The main products that Philippines exported to Dominican Republic were Raw Tobacco ($19.2M), Electrical Resistors ($2.35M), and Electrical Transformers ($1.48M). Over the past 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 1.31%,  from $27M in 2018 to $28.8M in 2023.

In 2023, Philippines did not export any services to Dominican Republic.

Comparison: In 2023,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $14.9M to Philippines. The main products exported from Dominican Republic to Philippines were Plastic Lids ($5.01M), Oscilloscopes ($2.2M), and Medical Instruments ($1.33M). During the last 5 years the exports of Dominican Republic to Philippines have decreased at an annualized rate of 15.1%, from $33.8M in 2018 to $14.9M in 2023.

In 2018, Philippines exported $28.8M to Dominican Republic. The main products exported from Philippines to Dominican Republic were Raw Tobacco ($19.2M), Electrical Resistors ($2.35M), and Electrical Transformers ($1.48M). During the last 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 1.31%, from $27M in 2023 to $28.8M in 2018.

Exports from Dominican Republic (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Dominican Republic (Flag) (2023)

Latest Data

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

Dominican Republic Exports

Philippines Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$7.08B
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Dominican Republic than Philippines included Haiti ($856M), Jamaica ($115M), and Guyana ($72.5M).

In 2023, countries that imported more from Philippines than Dominican Republic included China ($19B), Hong Kong ($11.7B), and Japan ($11.4B).

Difference in imports from Philippines (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Philippines

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Philippines in the exports of Plastics and Rubbers ($5.28M), Instruments ($3.75M), and Foodstuffs ($2.44M).

During 2018, Philippines had a large net trade with Dominican Republic in the exports of Foodstuffs ($19.5M), Machines ($5.63M), and Plastics and Rubbers ($1.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Philippines+$4.28kLow-voltage Protection Equipment
Top Product Potential Philippines Dominican Republic+$4.26kGold

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

Product Space of Dominican Republic (Flag) and Philippines (Flag) (2023)

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