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2022
Flag → Flag
Exports $36.4MRnk 71 / 187
2022
Flag → Flag
Top Product $7.09MMedical Instruments
2022
Flag → Flag
Exports $6MRnk 72 / 163
2022
Flag → Flag
Top Product $3.84MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Israel-Dominican Republic Trade: In 2022, Israel exported $36.4M to Dominican Republic. The main products that Israel exported to Dominican Republic were Medical Instruments ($7.09M), Raw Plastic Sheeting ($3.14M), and Valves ($2.96M). Over the past 5 years the exports of Israel to Dominican Republic have increased at an annualized rate of 7.23%, from $25.7M in 2017 to $36.4M in 2022.

In 2012, Israel exported services to Dominican Republic worth $8.75M, with Computer and information services ($8.75M) being the largest in terms of value.

Dominican Republic-Israel Trade: In 2022, Dominican Republic exported $6M to Israel. The main products that Dominican Republic exported to Israel were Tropical Fruits ($3.84M), Computers ($477k), and Low-voltage Protection Equipment ($316k). Over the past 5 years the exports of Dominican Republic to Israel have increased at an annualized rate of 15.3%,  from $2.94M in 2017 to $6M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $36.4M to Dominican Republic. The main products exported from Israel to Dominican Republic were Medical Instruments ($7.09M), Raw Plastic Sheeting ($3.14M), and Valves ($2.96M). During the last 5 years the exports of Israel to Dominican Republic have increased at an annualized rate of 7.23%, from $25.7M in 2017 to $36.4M in 2022.

In 2017, Dominican Republic exported $6M to Israel. The main products exported from Dominican Republic to Israel were Tropical Fruits ($3.84M), Computers ($477k), and Low-voltage Protection Equipment ($316k). During the last 5 years the exports of Dominican Republic to Israel have increased at an annualized rate of 15.3%, from $2.94M in 2022 to $6M in 2017.

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

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

Latest Data

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

Israel Exports

Dominican Republic Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Israel than Dominican Republic included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Dominican Republic than Israel included Haiti ($1.02B), Switzerland ($1.08B), and Jamaica ($139M).

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

Comparative Advantage Israel - Dominican Republic

Flow
Scale

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

During 2022, Israel had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($10.4M), Instruments ($9.05M), and Machines ($6.72M).

During 2017, Dominican Republic had a large net trade with Israel in the exports of Vegetable Products ($3.89M), Machines ($988k), and Foodstuffs ($468k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Dominican Republic+$3.27MMedical Instruments
Top Product Potential Dominican Republic Israel+$750kLow-voltage Protection Equipment

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 Israel and Dominican Republic. This means that a dot/product with the flag of Israel 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 Israel.

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

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