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Pricing

2022
Flag → Flag
Exports $60.9MRnk 25 / 163
2022
Flag → Flag
Top Product $39.1MFerroalloys
2022
Flag → Flag
Exports $78.5MRnk 76 / 217
2022
Flag → Flag
Top Product $22.8MCars
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 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$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Dominican Republic-Sweden Trade: In 2022, Dominican Republic exported $60.9M to Sweden. The main products that Dominican Republic exported to Sweden were Ferroalloys ($39.1M), Bananas ($18.2M), and Hard Liquor ($1.03M). Over the past 5 years the exports of Dominican Republic to Sweden have increased at an annualized rate of 7.42%, from $42.6M in 2017 to $60.9M in 2022.

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

Sweden-Dominican Republic Trade: In 2022, Sweden exported $78.5M to Dominican Republic. The main products that Sweden exported to Dominican Republic were Cars ($22.8M), Packaged Medicaments ($12.9M), and Kaolin Coated Paper ($4.46M). Over the past 5 years the exports of Sweden to Dominican Republic have increased at an annualized rate of 7.43%,  from $54.8M in 2017 to $78.5M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $60.9M to Sweden. The main products exported from Dominican Republic to Sweden were Ferroalloys ($39.1M), Bananas ($18.2M), and Hard Liquor ($1.03M). During the last 5 years the exports of Dominican Republic to Sweden have increased at an annualized rate of 7.42%, from $42.6M in 2017 to $60.9M in 2022.

In 2017, Sweden exported $78.5M to Dominican Republic. The main products exported from Sweden to Dominican Republic were Cars ($22.8M), Packaged Medicaments ($12.9M), and Kaolin Coated Paper ($4.46M). During the last 5 years the exports of Sweden to Dominican Republic have increased at an annualized rate of 7.43%, from $54.8M in 2022 to $78.5M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Sweden Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Dominican Republic than Sweden included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

In 2022, countries that imported more from Sweden than Dominican Republic included Germany ($19.2B), Norway ($18.7B), and Denmark ($14.6B).

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

Comparative Advantage Dominican Republic - Sweden

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Sweden in the exports of Metals ($39.1M), Vegetable Products ($18.3M), and Foodstuffs ($1.52M).

During 2017, Sweden had a large net trade with Dominican Republic in the exports of Transportation ($25.2M), Machines ($15.1M), and Chemical Products ($14.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Sweden+$835kRolled Tobacco
Top Product Potential Sweden Dominican Republic+$12.9MCars

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

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

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