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2022
Flag → Flag
Exports $24.4MRnk 40 / 163
2022
Flag → Flag
Top Product $6.73MRaw Iron Bars
2022
Flag → Flag
Exports $204kRnk 16 / 85
2022
Flag → Flag
Top Product $160kPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

About

Dominican Republic-Turks and Caicos Islands Trade: In 2022, Dominican Republic exported $24.4M to Turks and Caicos Islands. The main products that Dominican Republic exported to Turks and Caicos Islands were Raw Iron Bars ($6.73M), Cement Articles ($4.17M), and Cement ($2.91M). Over the past 5 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 33.9%, from $5.68M in 2017 to $24.4M in 2022.

In 2022, Dominican Republic did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Dominican Republic Trade: In 2022, Turks and Caicos Islands exported $204k to Dominican Republic. The main products that Turks and Caicos Islands exported to Dominican Republic were Passenger and Cargo Ships ($160k), Textile Processing Machines ($16.8k), and Coffee ($12.5k). Over the past 5 years the exports of Turks and Caicos Islands to Dominican Republic have increased at an annualized rate of 31.1%,  from $52.6k in 2017 to $204k in 2022.

In 2022, Turks and Caicos Islands 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, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $24.4M to Turks and Caicos Islands. The main products exported from Dominican Republic to Turks and Caicos Islands were Raw Iron Bars ($6.73M), Cement Articles ($4.17M), and Cement ($2.91M). During the last 5 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 33.9%, from $5.68M in 2017 to $24.4M in 2022.

In 2017, Turks and Caicos Islands exported $204k to Dominican Republic. The main products exported from Turks and Caicos Islands to Dominican Republic were Passenger and Cargo Ships ($160k), Textile Processing Machines ($16.8k), and Coffee ($12.5k). During the last 5 years the exports of Turks and Caicos Islands to Dominican Republic have increased at an annualized rate of 31.1%, from $52.6k in 2022 to $204k in 2017.

Exports from Dominican Republic (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Turks and Caicos Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Turks and Caicos Islands
Top DestinationTogo$25.1M

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

In 2022, countries that imported more from Dominican Republic than Turks and Caicos Islands included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

In 2022, countries that imported more from Turks and Caicos Islands than Dominican Republic included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Turks and Caicos Islands

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Turks and Caicos Islands in the exports of Metals ($8.21M), Stone And Glass ($4.8M), and Mineral Products ($3.98M).

During 2017, Turks and Caicos Islands had a large net trade with Dominican Republic in the exports of Transportation ($160k), Machines ($20k), and Vegetable Products ($12.5k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Turks and Caicos Islands. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Turks and Caicos Islands. Similarly, a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Turks and Caicos Islands (Flag) (2022)

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