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2023
Flag → Flag
Exports $4.02MRnk 78 / 166
2023
Flag → Flag
Top Product $1.02MRaw Iron Bars
2023
Flag → Flag
Exports $328kRnk 33 / 82
2023
Flag → Flag
Top Product $126kPlastic Floor Coverings
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Dominican Republic-British Virgin Islands Trade: In 2023, Dominican Republic exported $4.02M to British Virgin Islands. The main products that Dominican Republic exported to British Virgin Islands were Raw Iron Bars ($1.02M), Bananas ($312k), and Plastic Pipes ($224k). Over the past 5 years the exports of Dominican Republic to British Virgin Islands have decreased at an annualized rate of 7.6%, from $5.96M in 2018 to $4.02M in 2023.

In 2023, Dominican Republic did not export any services to British Virgin Islands.

British Virgin Islands-Dominican Republic Trade: In 2023, British Virgin Islands exported $328k to Dominican Republic. The main products that British Virgin Islands exported to Dominican Republic were Plastic Floor Coverings ($126k), Other Animals ($54.6k), and Aluminium Bars ($39k). Over the past 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 66.1%,  from $73.1M in 2018 to $328k in 2023.

In 2023, British Virgin Islands 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, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $4.02M to British Virgin Islands. The main products exported from Dominican Republic to British Virgin Islands were Raw Iron Bars ($1.02M), Bananas ($312k), and Plastic Pipes ($224k). During the last 5 years the exports of Dominican Republic to British Virgin Islands have decreased at an annualized rate of 7.6%, from $5.96M in 2018 to $4.02M in 2023.

In 2018, British Virgin Islands exported $328k to Dominican Republic. The main products exported from British Virgin Islands to Dominican Republic were Plastic Floor Coverings ($126k), Other Animals ($54.6k), and Aluminium Bars ($39k). During the last 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 66.1%, from $73.1M in 2023 to $328k in 2018.

Exports from Dominican Republic (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and British Virgin Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
British Virgin Islands
Top DestinationMalta$93.7M

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

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

In 2023, countries that imported more from British Virgin Islands than Dominican Republic included Malta ($93.7M), Greece ($30.3M), and Zimbabwe ($3.9M).

Difference in imports from British Virgin Islands (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - British Virgin Islands

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with British Virgin Islands in the exports of Metals ($1.13M), Vegetable Products ($769k), and Foodstuffs ($607k).

During 2018, British Virgin Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($156k), Animal Products ($54.6k), and Metals ($54.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Dominican Republic (Flag) and British Virgin Islands (Flag) (2023)

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