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2023
Flag → Flag
Exports $7.08BRnk 1 / 166
2023
Flag → Flag
Top Product $1.46BMedical Instruments
2023
Flag → Flag
Exports $12.2BRnk 29 / 220
2023
Flag → Flag
Top Product $2.34BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Dominican Republic-United States Trade: In 2023, Dominican Republic exported $7.08B to United States. The main products that Dominican Republic exported to United States were Medical Instruments ($1.46B), Rolled Tobacco ($951M), and Low-voltage Protection Equipment ($741M). Over the past 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 5.51%, from $5.41B in 2018 to $7.08B in 2023.

In 2023, Dominican Republic did not export any services to United States.

United States-Dominican Republic Trade: In 2023, United States exported $12.2B to Dominican Republic. The main products that United States exported to Dominican Republic were Refined Petroleum ($2.34B), Petroleum Gas ($1.09B), and Crude Petroleum ($706M). Over the past 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 5.09%,  from $9.5B in 2018 to $12.2B in 2023.

In 2017, United States exported services to Dominican Republic worth $2.38B, with Transportation ($930M), Travel ($918M), and Financial services ($198M) being the largest in terms of value.

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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $7.08B to United States. The main products exported from Dominican Republic to United States were Medical Instruments ($1.46B), Rolled Tobacco ($951M), and Low-voltage Protection Equipment ($741M). During the last 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 5.51%, from $5.41B in 2018 to $7.08B in 2023.

In 2018, United States exported $12.2B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($2.34B), Petroleum Gas ($1.09B), and Crude Petroleum ($706M). During the last 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 5.09%, from $9.5B in 2023 to $12.2B in 2018.

Exports from Dominican Republic (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and United States (Flag)

Dominican Republic Exports

United States Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
United States
Top DestinationCanada$269B

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

In 2023, no countries were registered that imported more from Dominican Republic than from United States.

In 2023, countries that imported more from United States than Dominican Republic included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - United States

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with United States in the exports of Instruments ($1.56B), Foodstuffs ($1.44B), and Machines ($1.22B).

During 2018, United States had a large net trade with Dominican Republic in the exports of Mineral Products ($4.41B), Machines ($1.33B), and Foodstuffs ($909M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic United States+$75.7MGold
Top Product Potential United States Dominican Republic+$23.8MCoal Briquettes

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

Product Space of Dominican Republic (Flag) and United States (Flag) (2023)

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