2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Dominican Republic-British Virgin Islands Trade: In 2022, Dominican Republic exported $3.41M to British Virgin Islands. The main products that Dominican Republic exported to British Virgin Islands were Raw Iron Bars ($1.77M), Plastic Pipes ($303k), and Insulated Wire ($131k). Over the past 5 years the exports of Dominican Republic to British Virgin Islands have increased at an annualized rate of 2.22%, from $3.06M in 2017 to $3.41M in 2022.

In 2022, Dominican Republic did not export any services to British Virgin Islands.

British Virgin Islands-Dominican Republic Trade: In 2022, British Virgin Islands exported $261k to Dominican Republic. The main products that British Virgin Islands exported to Dominican Republic were Plastic Floor Coverings ($154k), Trailers and semi-trailers, not mechanically propelled vehicles ($103k), and Vacuum Cleaners ($1.83k). Over the past 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 61.9%,  from $32.6M in 2017 to $261k in 2022.

In 2022, British Virgin 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, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $3.41M to British Virgin Islands. The main products exported from Dominican Republic to British Virgin Islands were Raw Iron Bars ($1.77M), Plastic Pipes ($303k), and Insulated Wire ($131k). During the last 5 years the exports of Dominican Republic to British Virgin Islands have increased at an annualized rate of 2.22%, from $3.06M in 2017 to $3.41M in 2022.

In 2017, British Virgin Islands exported $261k to Dominican Republic. The main products exported from British Virgin Islands to Dominican Republic were Plastic Floor Coverings ($154k), Trailers and semi-trailers, not mechanically propelled vehicles ($103k), and Vacuum Cleaners ($1.83k). During the last 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 61.9%, from $32.6M in 2022 to $261k in 2017.

Exports from Dominican Republic (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Dominican Republic (Flag) (2022)

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from British Virgin Islands than Dominican Republic included Malta ($85.8M), Egypt ($12.2M), and Zimbabwe ($5.02M).

Difference in imports from British Virgin Islands (Flag) and Dominican Republic (Flag) (2022)

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 2022, Dominican Republic had a large net trade with British Virgin Islands in the exports of Metals ($1.91M), Plastics and Rubbers ($404k), and Foodstuffs ($304k).

During 2017, British Virgin Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($154k), Transportation ($104k), and Machines ($2.96k).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with