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Pricing

2022
Flag → Flag
Exports $45.1MRnk 53 / 166
2022
Flag → Flag
Top Product $43.6MCrude Petroleum
2022
Flag → Flag
Exports $132kRnk 135 / 163
2022
Flag → Flag
Top Product $65.2kTanned Equine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Nigeria-Dominican Republic Trade: In 2022, Nigeria exported $45.1M to Dominican Republic. The main products that Nigeria exported to Dominican Republic were Crude Petroleum ($43.6M), Float Glass ($866k), and Ethylene Polymers ($553k). Over the past 5 years the exports of Nigeria to Dominican Republic have decreased at an annualized rate of 23.1%, from $168M in 2017 to $45.1M in 2022.

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

Dominican Republic-Nigeria Trade: In 2022, Dominican Republic exported $132k to Nigeria. The main products that Dominican Republic exported to Nigeria were Tanned Equine and Bovine Hides ($65.2k), Processed Tobacco ($32.4k), and Microphones and Headphones ($10.5k). Over the past 5 years the exports of Dominican Republic to Nigeria have increased at an annualized rate of 0.011%,  from $132k in 2017 to $132k in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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, Nigeria exported $45.1M to Dominican Republic. The main products exported from Nigeria to Dominican Republic were Crude Petroleum ($43.6M), Float Glass ($866k), and Ethylene Polymers ($553k). During the last 5 years the exports of Nigeria to Dominican Republic have decreased at an annualized rate of 23.1%, from $168M in 2017 to $45.1M in 2022.

In 2017, Dominican Republic exported $132k to Nigeria. The main products exported from Dominican Republic to Nigeria were Tanned Equine and Bovine Hides ($65.2k), Processed Tobacco ($32.4k), and Microphones and Headphones ($10.5k). During the last 5 years the exports of Dominican Republic to Nigeria have increased at an annualized rate of 0.011%, from $132k in 2022 to $132k in 2017.

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

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

Latest Data

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

Nigeria Exports

Dominican Republic Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Nigeria than Dominican Republic included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Dominican Republic than Nigeria included United States ($6.85B), Haiti ($1.02B), and Jamaica ($139M).

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

Comparative Advantage Nigeria - Dominican Republic

Flow
Scale

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

During 2022, Nigeria had a large net trade with Dominican Republic in the exports of Mineral Products ($43.6M), Stone And Glass ($866k), and Plastics and Rubbers ($554k).

During 2017, Dominican Republic had a large net trade with Nigeria in the exports of Animal Hides ($65.2k), Foodstuffs ($32.4k), and Machines ($25k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Dominican Republic+$37.8MCrude Petroleum
Top Product Potential Dominican Republic Nigeria+$43.6kLow-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 Nigeria and Dominican Republic. This means that a dot/product with the flag of Nigeria 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 Nigeria.

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

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