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2023
Flag → Flag
Exports $19.8MRnk 47 / 166
2023
Flag → Flag
Top Product $9.64MMedical Instruments
2023
Flag → Flag
Exports $16.8MRnk 114 / 182
2023
Flag → Flag
Top Product $4.82MCement
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Dominican Republic-Saudi Arabia Trade: In 2023, Dominican Republic exported $19.8M to Saudi Arabia. The main products that Dominican Republic exported to Saudi Arabia were Medical Instruments ($9.64M), Special Pharmaceuticals ($3.28M), and Low-voltage Protection Equipment ($3.04M). Over the past 5 years the exports of Dominican Republic to Saudi Arabia have increased at an annualized rate of 32%, from $4.92M in 2018 to $19.8M in 2023.

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

Saudi Arabia-Dominican Republic Trade: In 2023, Saudi Arabia exported $16.8M to Dominican Republic. The main products that Saudi Arabia exported to Dominican Republic were Cement ($4.82M), Raw Plastic Sheeting ($4.68M), and Propylene Polymers ($4.19M). Over the past 5 years the exports of Saudi Arabia to Dominican Republic have decreased at an annualized rate of 1.57%,  from $18.2M in 2018 to $16.8M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $19.8M to Saudi Arabia. The main products exported from Dominican Republic to Saudi Arabia were Medical Instruments ($9.64M), Special Pharmaceuticals ($3.28M), and Low-voltage Protection Equipment ($3.04M). During the last 5 years the exports of Dominican Republic to Saudi Arabia have increased at an annualized rate of 32%, from $4.92M in 2018 to $19.8M in 2023.

In 2018, Saudi Arabia exported $16.8M to Dominican Republic. The main products exported from Saudi Arabia to Dominican Republic were Cement ($4.82M), Raw Plastic Sheeting ($4.68M), and Propylene Polymers ($4.19M). During the last 5 years the exports of Saudi Arabia to Dominican Republic have decreased at an annualized rate of 1.57%, from $18.2M in 2023 to $16.8M in 2018.

Exports from Dominican Republic (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Saudi Arabia (Flag)

Dominican Republic Exports

Saudi Arabia Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Dominican Republic than Saudi Arabia included Haiti ($856M), Mexico ($185M), and Jamaica ($115M).

In 2023, countries that imported more from Saudi Arabia than Dominican Republic included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Saudi Arabia

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Saudi Arabia in the exports of Instruments ($10.4M), Machines ($4.22M), and Chemical Products ($3.43M).

During 2018, Saudi Arabia had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($11.2M), Mineral Products ($5.04M), and Stone And Glass ($308k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Saudi Arabia+$6.15kGold
Top Product Potential Saudi Arabia Dominican Republic+$8.51kCrude 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 Saudi Arabia. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Saudi Arabia (Flag) (2023)

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