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2023
Flag → Flag
Exports $8.65MRnk 28 / 150
2023
Flag → Flag
Top Product $5.32MRefined Petroleum
2023
Flag → Flag
Exports $115MRnk 14 / 166
2023
Flag → Flag
Top Product $14MPaper Containers
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Jamaica-Dominican Republic Trade: In 2023, Jamaica exported $8.65M to Dominican Republic. The main products that Jamaica exported to Dominican Republic were Refined Petroleum ($5.32M), Flavored Water ($795k), and Wood Carpentry ($441k). Over the past 5 years the exports of Jamaica to Dominican Republic have increased at an annualized rate of 13.2%, from $4.64M in 2018 to $8.65M in 2023.

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

Dominican Republic-Jamaica Trade: In 2023, Dominican Republic exported $115M to Jamaica. The main products that Dominican Republic exported to Jamaica were Paper Containers ($14M), Cement ($11.8M), and Petroleum Gas ($9.92M). Over the past 5 years the exports of Dominican Republic to Jamaica have increased at an annualized rate of 8.1%,  from $77.6M in 2018 to $115M in 2023.

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

Comparison: In 2023,  Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $8.65M to Dominican Republic. The main products exported from Jamaica to Dominican Republic were Refined Petroleum ($5.32M), Flavored Water ($795k), and Wood Carpentry ($441k). During the last 5 years the exports of Jamaica to Dominican Republic have increased at an annualized rate of 13.2%, from $4.64M in 2018 to $8.65M in 2023.

In 2018, Dominican Republic exported $115M to Jamaica. The main products exported from Dominican Republic to Jamaica were Paper Containers ($14M), Cement ($11.8M), and Petroleum Gas ($9.92M). During the last 5 years the exports of Dominican Republic to Jamaica have increased at an annualized rate of 8.1%, from $77.6M in 2023 to $115M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Dominican Republic
Top DestinationUnited States$7.08B

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 2023, countries that imported more from Jamaica than Dominican Republic included Russia ($138M), Latvia ($131M), and Iceland ($127M).

In 2023, countries that imported more from Dominican Republic than Jamaica included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

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

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 2023, Jamaica had a large net trade with Dominican Republic in the exports of Mineral Products ($5.33M), Machines ($1.07M), and Foodstuffs ($895k).

During 2018, Dominican Republic had a large net trade with Jamaica in the exports of Foodstuffs ($32.9M), Mineral Products ($22.7M), and Plastics and Rubbers ($19.9M).

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) (2023)

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