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2023
Flag → Flag
Exports $987kRnk 98 / 166
2023
Flag → Flag
Top Product $658kRolled Tobacco
2023
Flag → Flag
Exports $10.1MRnk 106 / 199
2023
Flag → Flag
Top Product $3.47MCentrifuges
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$18,404CURRENT US$
Rnk 66 / 196
2013-2023
Flag
GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195

About

Dominican Republic-Romania Trade: In 2023, Dominican Republic exported $987k to Romania. The main products that Dominican Republic exported to Romania were Rolled Tobacco ($658k), Liquid Dispersing Machines ($155k), and Hard Liquor ($75.4k). Over the past 5 years the exports of Dominican Republic to Romania have increased at an annualized rate of 0.25%, from $975k in 2018 to $987k in 2023.

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

Romania-Dominican Republic Trade: In 2023, Romania exported $10.1M to Dominican Republic. The main products that Romania exported to Dominican Republic were Centrifuges ($3.47M), Integrated Circuits ($709k), and Insulated Wire ($683k). Over the past 5 years the exports of Romania to Dominican Republic have increased at an annualized rate of 28.3%,  from $2.9M in 2018 to $10.1M in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $987k to Romania. The main products exported from Dominican Republic to Romania were Rolled Tobacco ($658k), Liquid Dispersing Machines ($155k), and Hard Liquor ($75.4k). During the last 5 years the exports of Dominican Republic to Romania have increased at an annualized rate of 0.25%, from $975k in 2018 to $987k in 2023.

In 2018, Romania exported $10.1M to Dominican Republic. The main products exported from Romania to Dominican Republic were Centrifuges ($3.47M), Integrated Circuits ($709k), and Insulated Wire ($683k). During the last 5 years the exports of Romania to Dominican Republic have increased at an annualized rate of 28.3%, from $2.9M in 2023 to $10.1M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Romania Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Dominican Republic than Romania included United States ($7.08B), Haiti ($856M), and Jamaica ($115M).

In 2023, countries that imported more from Romania than Dominican Republic included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Dominican Republic - Romania

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Romania in the exports of Foodstuffs ($762k), Machines ($211k), and Plastics and Rubbers ($5.46k).

During 2018, Romania had a large net trade with Dominican Republic in the exports of Machines ($5.5M), Foodstuffs ($859k), and Miscellaneous ($771k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Romania+$909kRolled Tobacco
Top Product Potential Romania Dominican Republic+$1.36MCars

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

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

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