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2022
Flag → Flag
Exports $391MRnk 72 / 224
2022
Flag → Flag
Top Product $151MRefined Petroleum
2022
Flag → Flag
Exports $166MRnk 12 / 163
2022
Flag → Flag
Top Product $59.4MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

United Kingdom-Dominican Republic Trade: In 2022, United Kingdom exported $391M to Dominican Republic. The main products that United Kingdom exported to Dominican Republic were Refined Petroleum ($151M), Hard Liquor ($110M), and Glass Bottles ($10.1M). Over the past 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 20%, from $157M in 2017 to $391M in 2022.

In 2022, United Kingdom did not export any services to Dominican Republic.

Dominican Republic-United Kingdom Trade: In 2022, Dominican Republic exported $166M to United Kingdom. The main products that Dominican Republic exported to United Kingdom were Bananas ($59.4M), Medical Instruments ($23M), and Tropical Fruits ($15.9M). Over the past 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 0.062%,  from $165M in 2017 to $166M in 2022.

In 2022, Dominican Republic did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £5.44M and imported £7.99M from Dominican Republic, resulting in a negative trade balance of £2.55M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-10.8M (-66.5%) from £16.2M to £5.44M, while imports increased by £400k (5.27%) from £7.59M to £7.99M.

Trade In August 2024, the top exports of United Kingdom to Dominican Republic were Hard Liquor (£4.8M), Cars (£713k), Electric Generating Sets (£712k), Bandages (£675k), and Plastic Lids (£471k). In August 2024 the top imports of United Kingdom from Dominican Republic were Bananas (£4.86M), Brooms (£592k), Tropical Fruits (£336k), Special Pharmaceuticals (£321k), and Artistry Paints (£146k).

Origins In August 2024 the exports of United Kingdom were mainly from London Gateway (£2.63M), London Heathrow Airport (£918k), Portsmouth (£413k), East Midlands Airport (£309k), and Belfast (£218k), while imports destinations were mainly London Gateway (£3.38M), Portsmouth (£3.29M), London Heathrow Airport (£293k), and London Gatwick Airport (£170k).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Paper Containers (£-246k or -94.8%), Glass Bottles (£-236k or -50.6%), and Plastic Lids (£-182k or -27.9%). In August 2024, the increase in United Kingdom's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Special Pharmaceuticals (£277k or 631%), Low-voltage Protection Equipment (£78.3k or 176%), and Medical Instruments (£34.7k or 118%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-10.8M(-66.5%)
IMPORT GROWTH (August 2023 - August 2024)£400k(5.27%)
MAIN EXPORTER (August 2024)London Gateway£2.63M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Dominican Republic and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $391M to Dominican Republic. The main products exported from United Kingdom to Dominican Republic were Refined Petroleum ($151M), Hard Liquor ($110M), and Glass Bottles ($10.1M). During the last 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 20%, from $157M in 2017 to $391M in 2022.

In 2017, Dominican Republic exported $166M to United Kingdom. The main products exported from Dominican Republic to United Kingdom were Bananas ($59.4M), Medical Instruments ($23M), and Tropical Fruits ($15.9M). During the last 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 0.062%, from $165M in 2022 to $166M in 2017.

Exports from United Kingdom (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from United Kingdom than Dominican Republic included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Dominican Republic than United Kingdom included Haiti ($1.02B), Jamaica ($139M), and Cuba ($37.3M).

Difference in imports from Dominican Republic (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Dominican Republic

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Dominican Republic in the exports of Mineral Products ($151M), Foodstuffs ($114M), and Machines ($22.8M).

During 2017, Dominican Republic had a large net trade with United Kingdom in the exports of Vegetable Products ($86M), Instruments ($24.5M), and Foodstuffs ($11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Dominican Republic+$25.1MRefined Petroleum
Top Product Potential Dominican Republic United Kingdom+$22.1MMedical Instruments

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

Product Space of United Kingdom (Flag) and Dominican Republic (Flag) (2022)

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