2021
Flag  
GDP
$94.2BCURRENT US$
Rnk 65 / 204
2011-2021
Flag
GDP GROWTH
62.4%CURRENT US$
Rnk 36 / 204
2021
Flag
 GDP
$1.04BCURRENT US$
Rnk 190 / 204
2011-2021
Flag
GDP GROWTH
43.4%CURRENT US$
Rnk 75 / 204
2021
Flag
GDP PC 
$8,477CURRENT US$
Rnk 95 / 204
2011-2021
Flag
GDP PC GROWTH
44.7%CURRENT US$
Rnk 39 / 204
2021
Flag
GDP PC
$23,159CURRENT US$
Rnk 55 / 204
2011-2021
Flag
GDP PC GROWTH
-2.08%CURRENT US$
Rnk 151 / 204

About

Dominican Republic-Turks and Caicos Islands In 2021, Dominican Republic exported $12.9M to Turks and Caicos Islands. The main products that Dominican Republic exported to Turks and Caicos Islands are Raw Iron Bars ($3.01M), Cement ($2.9M), and Cement Articles ($2.16M). During the last 25 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 16.4%, from $288k in 1996 to $12.9M in 2021.

In 2021, Dominican Republic did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Dominican Republic In 2021, Turks and Caicos Islands exported $4.24k to Dominican Republic. The main products that Turks and Caicos Islands exported to Dominican Republic were Refrigerators ($2.85k), Other Furniture ($763), and Household Washing Machines ($360). During the last 25 years the exports of Turks and Caicos Islands to Dominican Republic have decreased at an annualized rate of 5.68%, from $18.3k in 1996 to $4.24k in 2021.

In 2021, Turks and Caicos Islands did not export any services to Dominican Republic.

Comparison In 2021,  Dominican Republic ranked 63 in the Economic Complexity Index (ECI -0.0043),  and 87 in total exports ($12.9B). That same year, Turks and Caicos Islands ranked 218 in total exports ($7.81M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Dominican Republic exported $12.9M to Turks and Caicos Islands. The main products exported from Dominican Republic to Turks and Caicos Islands were Raw Iron Bars ($3.01M), Cement ($2.9M), and Cement Articles ($2.16M). During the last 25 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 16.4%, from $288k in 1996 to $12.9M in 2021.

In 2021, Turks and Caicos Islands exported $4.24k to Dominican Republic. The main products exported from Turks and Caicos Islands to Dominican Republic were Refrigerators ($2.85k), Other Furniture ($763), and Household Washing Machines ($360). During the last 22 years the exports of Turks and Caicos Islands to Dominican Republic have decreased at an annualized rate of 5.68%, from $18.3k in 1999 to $4.24k in 2021.

Exports from Dominican Republic (Flag) to Turks and Caicos Islands (Flag) (2021)

Exports from Turks and Caicos Islands (Flag) to Dominican Republic (Flag) (2021)

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color

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 2021, countries that imported more from Dominican Republic than Turks and Caicos Islands were United States ($6.61B), Haiti ($955M), and Switzerland ($937M).

In 2021, countries that imported more from Turks and Caicos Islands than Dominican Republic were Mauritania ($775k), Zimbabwe ($333k), and Burundi ($265k).

Difference in imports from Turks and Caicos Islands (Flag) and Dominican Republic (Flag) (2021)

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 2021, Dominican Republic had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($3.78M), Metals ($3.53M), and Stone And Glass ($2.48M).

During 2021, Turks and Caicos Islands had a large net trade with Dominican Republic in the exports of Machines ($3.21k), Miscellaneous ($763), and Transportation ($270).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Dominican Republic has comparative advantage over Turks and Caicos Islands. Similarly, the more yellow a dot/product is, the more Turks and Caicos Islands has comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Turks and Caicos Islands (Flag) (2021)

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