NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $4.48MRnk 75 / 166
2023
Flag → Flag
Top Product $2.08MMedical Instruments
2023
Flag → Flag
Exports $118MRnk 78 / 142
2023
Flag → Flag
Top Product $30.4MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Dominican Republic-Vietnam Trade: In 2023, Dominican Republic exported $4.48M to Vietnam. The main products that Dominican Republic exported to Vietnam were Medical Instruments ($2.08M), Recovered Paper ($1.01M), and Scrap Iron ($316k). Over the past 5 years the exports of Dominican Republic to Vietnam have decreased at an annualized rate of 42%, from $68.1M in 2018 to $4.48M in 2023.

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

Vietnam-Dominican Republic Trade: In 2023, Vietnam exported $118M to Dominican Republic. The main products that Vietnam exported to Dominican Republic were Broadcasting Equipment ($30.4M), Coffee ($11.9M), and Fish Fillets ($10.4M). Over the past 5 years the exports of Vietnam to Dominican Republic have increased at an annualized rate of 7.25%,  from $83.4M in 2018 to $118M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $4.48M to Vietnam. The main products exported from Dominican Republic to Vietnam were Medical Instruments ($2.08M), Recovered Paper ($1.01M), and Scrap Iron ($316k). During the last 5 years the exports of Dominican Republic to Vietnam have decreased at an annualized rate of 42%, from $68.1M in 2018 to $4.48M in 2023.

In 2018, Vietnam exported $118M to Dominican Republic. The main products exported from Vietnam to Dominican Republic were Broadcasting Equipment ($30.4M), Coffee ($11.9M), and Fish Fillets ($10.4M). During the last 5 years the exports of Vietnam to Dominican Republic have increased at an annualized rate of 7.25%, from $83.4M in 2023 to $118M in 2018.

Exports from Dominican Republic (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Vietnam (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Dominican Republic than Vietnam included Haiti ($856M), South Korea ($236M), and Jamaica ($115M).

In 2023, countries that imported more from Vietnam than Dominican Republic included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Vietnam

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Vietnam in the exports of Instruments ($2.08M), Paper Goods ($1.15M), and Foodstuffs ($416k).

During 2018, Vietnam had a large net trade with Dominican Republic in the exports of Machines ($51.1M), Vegetable Products ($21.1M), and Animal Products ($13.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Vietnam+$3.09MMedical Instruments
Top Product Potential Vietnam Dominican Republic+$22.6MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Dominican Republic (Flag) and Vietnam (Flag) (2023)

Keep Exploring

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