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2023
Flag → Flag
Exports $23.2MRnk 42 / 166
2023
Flag → Flag
Top Product $4.75MPolyacetals
2023
Flag → Flag
Exports $142MRnk 7 / 150
2023
Flag → Flag
Top Product $34.5MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 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$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Dominican Republic-El Salvador Trade: In 2023, Dominican Republic exported $23.2M to El Salvador. The main products that Dominican Republic exported to El Salvador were Polyacetals ($4.75M), Packaged Medicaments ($3.54M), and Low-voltage Protection Equipment ($1.91M). Over the past 5 years the exports of Dominican Republic to El Salvador have increased at an annualized rate of 7.86%, from $15.9M in 2018 to $23.2M in 2023.

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

El Salvador-Dominican Republic Trade: In 2023, El Salvador exported $142M to Dominican Republic. The main products that El Salvador exported to Dominican Republic were Packaged Medicaments ($34.5M), Flavored Water ($19.7M), and Plastic Lids ($14.6M). Over the past 5 years the exports of El Salvador to Dominican Republic have increased at an annualized rate of 6.85%,  from $102M in 2018 to $142M in 2023.

In 2023, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $23.2M to El Salvador. The main products exported from Dominican Republic to El Salvador were Polyacetals ($4.75M), Packaged Medicaments ($3.54M), and Low-voltage Protection Equipment ($1.91M). During the last 5 years the exports of Dominican Republic to El Salvador have increased at an annualized rate of 7.86%, from $15.9M in 2018 to $23.2M in 2023.

In 2018, El Salvador exported $142M to Dominican Republic. The main products exported from El Salvador to Dominican Republic were Packaged Medicaments ($34.5M), Flavored Water ($19.7M), and Plastic Lids ($14.6M). During the last 5 years the exports of El Salvador to Dominican Republic have increased at an annualized rate of 6.85%, from $102M in 2023 to $142M in 2018.

Exports from Dominican Republic (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and El Salvador (Flag)

Dominican Republic Exports

El Salvador Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Dominican Republic than El Salvador included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

In 2023, countries that imported more from El Salvador than Dominican Republic included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

Difference in imports from El Salvador (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - El Salvador

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with El Salvador in the exports of Plastics and Rubbers ($7.83M), Chemical Products ($4.61M), and Textiles ($3.88M).

During 2018, El Salvador had a large net trade with Dominican Republic in the exports of Chemical Products ($38M), Foodstuffs ($27.5M), and Plastics and Rubbers ($22.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic El Salvador+$850kLow-voltage Protection Equipment
Top Product Potential El Salvador Dominican Republic+$3.39MRefined 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 El Salvador. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and El Salvador (Flag) (2023)

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