2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 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

Jamaica-Dominican Republic Trade: In 2022, Jamaica exported $4.54M to Dominican Republic. The main products that Jamaica exported to Dominican Republic were Flavored Water ($935k), Uncoated Paper ($739k), and Wood Carpentry ($431k). Over the past 5 years the exports of Jamaica to Dominican Republic have increased at an annualized rate of 20%, from $1.82M in 2017 to $4.54M in 2022.

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

Dominican Republic-Jamaica Trade: In 2022, Dominican Republic exported $139M to Jamaica. The main products that Dominican Republic exported to Jamaica were Petroleum Gas ($33M), Paper Containers ($17.8M), and Cement ($10.7M). Over the past 5 years the exports of Dominican Republic to Jamaica have increased at an annualized rate of 8.27%,  from $93.5M in 2017 to $139M in 2022.

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

Comparison: In 2022,  Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). 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, Jamaica exported $4.54M to Dominican Republic. The main products exported from Jamaica to Dominican Republic were Flavored Water ($935k), Uncoated Paper ($739k), and Wood Carpentry ($431k). During the last 5 years the exports of Jamaica to Dominican Republic have increased at an annualized rate of 20%, from $1.82M in 2017 to $4.54M in 2022.

In 2017, Dominican Republic exported $139M to Jamaica. The main products exported from Dominican Republic to Jamaica were Petroleum Gas ($33M), Paper Containers ($17.8M), and Cement ($10.7M). During the last 5 years the exports of Dominican Republic to Jamaica have increased at an annualized rate of 8.27%, from $93.5M in 2022 to $139M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Jamaica than Dominican Republic included Russia ($99.7M), Iceland ($39.5M), and Argentina ($27M).

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

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

Comparative Advantage Jamaica - Dominican Republic

Flow
Scale

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

During 2022, Jamaica had a large net trade with Dominican Republic in the exports of Paper Goods ($1.21M), Foodstuffs ($996k), and Wood Products ($686k).

During 2017, Dominican Republic had a large net trade with Jamaica in the exports of Mineral Products ($44.4M), Plastics and Rubbers ($25.8M), and Foodstuffs ($25.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Dominican Republic+$506kRefined Petroleum
Top Product Potential Dominican Republic Jamaica+$433kRefined Petroleum

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

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

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