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2022
Flag → Flag
Exports $518MRnk 91 / 217
2022
Flag → Flag
Top Product $119MPackaged Medicaments
2022
Flag → Flag
Exports $390MRnk 5 / 163
2022
Flag → Flag
Top Product $314MGold
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 124
2022
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GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
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GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

India-Dominican Republic In 2022, India exported $518M to Dominican Republic. The main products that India exported to Dominican Republic are Packaged Medicaments ($119M), Semi-Finished Iron ($61.1M), and Crustaceans ($24.1M). During the last 27 years the exports of India to Dominican Republic have increased at an annualized rate of 20.2%, from $3.64M in 1995 to $518M in 2022.

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

Dominican Republic-India In 2022, Dominican Republic exported $390M to India. The main products that Dominican Republic exported to India were Gold ($314M), Cocoa Beans ($15.5M), and Ferroalloys ($12.4M). During the last 27 years the exports of Dominican Republic to India have increased at an annualized rate of 40.9%, from $36.9k in 1995 to $390M in 2022.

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

Comparison In 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Latest Trends

January, 2024

About

Overview In January 2024, India exported $23.1M and imported $89.6M from Dominican Republic, resulting in a negative trade balance of $66.6M. Between January 2023 and January 2024 the exports of India have increased by $450k (1.99%) from $22.6M to $23.1M, while imports increased by $83.9M (1.45k%) from $5.77M to $89.6M.

Trade In January 2024, the top exports of India to Dominican Republic were Drug Formulations, Biologicals ($5.83M), Marine Products ($2.64M), Motor Vehicle/Cars ($2.01M), Dyes ($1.04M), and Cotton Fabrics, Madeups Etc. ($1.03M). In January 2024 the top imports of India from Dominican Republic were Iron And Steel ($2.21M), Other Commodities ($1.95M), Paper, Paper Board And Product ($1.01M), Aluminium, Products Of Aluminm ($291k), and Copper And Prdcts Made Of Copr ($96.9k).

Growth In January 2024, the increase in India's year-by-year exports to Dominican Republic was explained primarily by an increase in product exports in Motor Vehicle/Cars ($1.16M or 136%), Dyes ($537k or 107%), and Electric Machinery And Equipme ($490k or 108%). In January 2024, the increase in India's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Other Commodities ($1.28M or 190%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)$450k(1.99%)
IMPORT GROWTH (January 2023 - January 2024)$83.9M(1.45k%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $518M to Dominican Republic. The main products exported from India to Dominican Republic were Packaged Medicaments ($119M), Semi-Finished Iron ($61.1M), and Crustaceans ($24.1M). During the last 27 years the exports of India to Dominican Republic have increased at an annualized rate of 20.2%, from $3.64M in 1995 to $518M in 2022.

In 2022, Dominican Republic exported $390M to India. The main products exported from Dominican Republic to India were Gold ($314M), Cocoa Beans ($15.5M), and Ferroalloys ($12.4M). During the last 24 years the exports of Dominican Republic to India have increased at an annualized rate of 40.9%, from $36.9k in 1998 to $390M in 2022.

Exports from India (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2021, countries that imported more from India than Dominican Republic were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Dominican Republic than India were Haiti ($1.02B), Jamaica ($139M), and Turks and Caicos Islands ($24.4M).

Difference in imports from Dominican Republic (Flag) and India (Flag) (2022)

Comparative Advantage India - Dominican Republic

Flow
Scale

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

During 2022, India had a large net trade with Dominican Republic in the exports of Chemical Products ($159M), Metals ($106M), and Transportation ($50M).

During 2022, Dominican Republic had a large net trade with India in the exports of Precious Metals ($315M), Metals ($36.5M), and Foodstuffs ($15.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over India.

Product Space of India (Flag) and Dominican Republic (Flag) (2022)

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