Flag Mexico / Dominican Republic Flag

Exports FlagFlag  (2018): $589M, Rnk 34 / 196

Top Product FlagFlag (2018): $38.8M, Malt Extract

Exports FlagFlag (2018): $134M, Rnk 11 / 108

Top Product FlagFlag (2018): $24.6M, Other Cloth Articles

Economic Complexity of Flag (2018): ECI 1.13, Rnk 21 / 137

Economic Complexity of Flag (2018): ECI -0.19, Rnk 76 / 137

GDP Flag (2018): $1.22T, CURRENT US$
Rnk 15 / 196

GDP GROWTH Flag (2008-2018): 9.97%, CURRENT US$
Rnk 144 / 196

GDP Flag (2018): $85.6B, CURRENT US$
Rnk 66 / 196

GDP GROWTH Flag (2008-2018): 77.8%, CURRENT US$
Rnk 46 / 196

GDP PC Flag (2018): $9,673, CURRENT US$
Rnk 79 / 196

GDP PC GROWTH Flag (2008-2018): -3.43%, CURRENT US$
Rnk 159 / 196

GDP PC Flag (2018): $8,051, CURRENT US$
Rnk 87 / 196

GDP PC GROWTH Flag (2008-2018): 58.2%, CURRENT US$
Rnk 38 / 196

Mexico-Dominican Republic: In 2018, Mexico exported $589M to Dominican Republic. The main products exported from Mexico to Dominican Republic were Malt Extract ($38.8M), Ethylene Polymers ($24.2M), and Iron Stovetops ($19.8M). During the last 23 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 5.63%, from $167M in 1995 to $589M in 2018.

Dominican Republic-Mexico: In 2018, Dominican Republic exported $134M to Mexico. The main products exported from Dominican Republic to Mexico were Other Cloth Articles ($24.6M), Low-voltage Protection Equipment ($22.3M), and Other Plastic Products ($18.3M). During the last 23 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 19.1%, from $2.41M in 1995 to $134M in 2018.

Comparison: In 2018, Mexico ranked 21 in the Economic Complexity Index (ECI 1.13), and 11 in total exports ($441B). That same year, Dominican Republic ranked 76 in the Economic Complexity Index (ECI -0.19), and 96 in total exports ($8.24B). In terms of GDP Per Capita, Mexico was ranked 79 with a GDP Per Capita of $9,673, and Dominican Republic was ranked 87 with a GDP Per Capita of $8,051.

Bilateral Trade by Products

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Depth
Value

In 2018, Mexico exported $589M to Dominican Republic. The main products exported from Mexico to Dominican Republic were Malt Extract ($38.8M), Ethylene Polymers ($24.2M), and Iron Stovetops ($19.8M). During the last 23 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 5.63%, from $167M in 1995 to $589M in 2018.

In 2018, Dominican Republic exported $134M to Mexico. The main products exported from Dominican Republic to Mexico were Other Cloth Articles ($24.6M), Low-voltage Protection Equipment ($22.3M), and Other Plastic Products ($18.3M). During the last 23 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 19.1%, from $2.41M in 1995 to $134M in 2018.

Market Competitiveness

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Measure

Mexico
Top Destination
: United States, $340B

Dominican Republic
Top Destination
: United States, $4.45B

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

In 2018, countries that imported more from Mexico than Dominican Republic were United States ($340B), Canada ($18.3B), and Germany ($7.83B).

In 2018, countries that imported more from Dominican Republic than Mexico were Antigua and Barbuda ($9.73M) and Saint Vincent and the Grenadines ($3.39M).

Comparative Advantage Mexico - Dominican Republic

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Depth

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

During 2018, Mexico had a large net trade with Dominican Republic in the exports of Machines ($106M), Foodstuffs ($105M), and Plastics and Rubbers ($89.8M).

During 2018, Dominican Republic had a large net trade with Mexico in the exports of Textiles ($31.8M), Machines ($30.5M), and Instruments ($26.2M).

Tariff Section

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This sections shows import tariffs for products traded between Mexico and Dominican Republic (using the HS6 product classification and the last year reported).

In 2017, the products from Mexico that paid the highest import tariffs to enter Dominican Republic were Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (75%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, frozen (75%).

In 2018, the products from Dominican Republic that paid the highest import tariffs to enter Mexico were Bovine carcasses and half carcasses, fresh or chilled (40%) and Bovine cuts bone in, fresh or chilled (40%).

Explore Tariff Data

*The tariffs present between Mexico and Dominican Republic are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Mexico and Dominican Republic. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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