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2023
Flag → Flag
Exports $1.05BRnk 31 / 158
2023
Flag → Flag
Top Product $58.4MDelivery Trucks
2023
Flag → Flag
Exports $185MRnk 11 / 166
2023
Flag → Flag
Top Product $38.8MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $13,790CURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Mexico-Dominican Republic Trade: In 2023, Mexico exported $1.05B to Dominican Republic. The main products that Mexico exported to Dominican Republic were Delivery Trucks ($58.4M), Malt Extract ($57.3M), and Cars ($54M). Over the past 5 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 6.16%, from $776M in 2018 to $1.05B in 2023.

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

Dominican Republic-Mexico Trade: In 2023, Dominican Republic exported $185M to Mexico. The main products that Dominican Republic exported to Mexico were Knit T-shirts ($38.8M), Low-voltage Protection Equipment ($37M), and Medical Instruments ($30.2M). Over the past 5 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 6.46%,  from $135M in 2018 to $185M in 2023.

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

Comparison: In 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). 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, Mexico exported $1.05B to Dominican Republic. The main products exported from Mexico to Dominican Republic were Delivery Trucks ($58.4M), Malt Extract ($57.3M), and Cars ($54M). During the last 5 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 6.16%, from $776M in 2018 to $1.05B in 2023.

In 2018, Dominican Republic exported $185M to Mexico. The main products exported from Dominican Republic to Mexico were Knit T-shirts ($38.8M), Low-voltage Protection Equipment ($37M), and Medical Instruments ($30.2M). During the last 5 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 6.46%, from $135M in 2023 to $185M in 2018.

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

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

Latest Data

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

Mexico Exports

Dominican Republic Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$456B
Dominican Republic
Top DestinationUnited States$7.08B

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 2023, countries that imported more from Mexico than Dominican Republic included United States ($456B), Canada ($33B), and China ($15B).

In 2023, countries that imported more from Dominican Republic than Mexico included Haiti ($856M), Trinidad and Tobago ($51.1M), and Turks and Caicos Islands ($21.6M).

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

Comparative Advantage Mexico - Dominican Republic

Flow
Scale

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

During 2023, Mexico had a large net trade with Dominican Republic in the exports of Machines ($175M), Foodstuffs ($172M), and Chemical Products ($156M).

During 2018, Dominican Republic had a large net trade with Mexico in the exports of Textiles ($53.3M), Machines ($50.1M), and Instruments ($30.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Dominican Republic+$11.9MInsulated Wire
Top Product Potential Dominican Republic Mexico+$30.4MLow-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 Mexico and Dominican Republic. This means that a dot/product with the flag of Mexico 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 Mexico.

Product Space of Mexico (Flag) and Dominican Republic (Flag) (2023)

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