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2022
Flag → Flag
Exports $215MRnk 94 / 224
2022
Flag → Flag
Top Product $20.6MCheese
2022
Flag → Flag
Exports $342MRnk 6 / 163
2022
Flag → Flag
Top Product $52.4MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Netherlands-Dominican Republic Trade: In 2022, Netherlands exported $215M to Dominican Republic. The main products that Netherlands exported to Dominican Republic were Cheese ($20.6M), Tobacco Processing Machines ($18.2M), and Malt Extract ($11.4M). Over the past 5 years the exports of Netherlands to Dominican Republic have increased at an annualized rate of 4.97%, from $168M in 2017 to $215M in 2022.

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

Dominican Republic-Netherlands Trade: In 2022, Dominican Republic exported $342M to Netherlands. The main products that Dominican Republic exported to Netherlands were Bananas ($52.4M), Medical Instruments ($51.9M), and Ferroalloys ($45M). Over the past 5 years the exports of Dominican Republic to Netherlands have increased at an annualized rate of 5.44%,  from $181M in 2017 to $342M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

July, 2024

About

Overview In July 2024, Netherlands exported €20M and imported €25M from Dominican Republic, resulting in a negative trade balance of €5M. Between July 2023 and July 2024 the exports of Netherlands have decreased by €-11M (-35.5%) from €31M to €20M, while imports increased by €1M (4.17%) from €24M to €25M.

Trade In July 2024, the top exports of Netherlands to Dominican Republic were Undefined (€13M), Cheese and curd (€2M), Medicinal and pharmaceutical products, other than... (€2M), Internal combustion piston engines, and parts... (€2M), and Vegetables, roots and tubers, prepared or... (€1M). In July 2024 the top imports of Netherlands from Dominican Republic were Pig-iron, spiegeleisen, sponge iron, iron or... (€9M), Fruit and nuts (not including oil... (€6M), Medicinal and pharmaceutical products, other than... (€3M), Instruments and appliances, n.e.s., for medical,... (€3M), and Crude vegetable materials, n.e.s. (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€-11M(-35.5%)
IMPORT GROWTH (July 2023 - July 2024)€1M(4.17%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Dominican Republic and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $215M to Dominican Republic. The main products exported from Netherlands to Dominican Republic were Cheese ($20.6M), Tobacco Processing Machines ($18.2M), and Malt Extract ($11.4M). During the last 5 years the exports of Netherlands to Dominican Republic have increased at an annualized rate of 4.97%, from $168M in 2017 to $215M in 2022.

In 2017, Dominican Republic exported $342M to Netherlands. The main products exported from Dominican Republic to Netherlands were Bananas ($52.4M), Medical Instruments ($51.9M), and Ferroalloys ($45M). During the last 5 years the exports of Dominican Republic to Netherlands have increased at an annualized rate of 5.44%, from $181M in 2022 to $342M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Netherlands than Dominican Republic included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Dominican Republic than Netherlands included Haiti ($1.02B), Jamaica ($139M), and Turks and Caicos Islands ($24.4M).

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

Comparative Advantage Netherlands - Dominican Republic

Flow
Scale

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

During 2022, Netherlands had a large net trade with Dominican Republic in the exports of Machines ($54M), Animal Products ($31.8M), and Foodstuffs ($27M).

During 2017, Dominican Republic had a large net trade with Netherlands in the exports of Vegetable Products ($89.8M), Instruments ($53.3M), and Metals ($52.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Dominican Republic+$6.25MRefined Petroleum
Top Product Potential Dominican Republic Netherlands+$30.2MMedical Instruments

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

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

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