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2023
Flag → Flag
Exports $363MRnk 80 / 224
2023
Flag → Flag
Top Product $171MRefined Petroleum
2023
Flag → Flag
Exports $359MRnk 6 / 166
2023
Flag → Flag
Top Product $63.7MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Netherlands-Dominican Republic Trade: In 2023, Netherlands exported $363M to Dominican Republic. The main products that Netherlands exported to Dominican Republic were Refined Petroleum ($171M), Cheese ($18.2M), and Malt Extract ($13.2M). Over the past 5 years the exports of Netherlands to Dominican Republic have decreased at an annualized rate of 2.11%, from $404M in 2018 to $363M in 2023.

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

Dominican Republic-Netherlands Trade: In 2023, Dominican Republic exported $359M to Netherlands. The main products that Dominican Republic exported to Netherlands were Medical Instruments ($63.7M), Ferroalloys ($57.7M), and Bananas ($57.2M). Over the past 5 years the exports of Dominican Republic to Netherlands have increased at an annualized rate of 7.31%,  from $252M in 2018 to $359M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €19M and imported €22M from Dominican Republic, resulting in a negative trade balance of €3M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-6M (-24%) from €25M to €19M, while imports increased by €5M (29.4%) from €17M to €22M.

Trade In October 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 October 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 (October 2023 - October 2024)€-6M(-24%)
IMPORT GROWTH (October 2023 - October 2024)€5M(29.4%)

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

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Historical Data

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Dominican Republic
Top DestinationUnited States$7.08B

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 2023, countries that imported more from Netherlands than Dominican Republic included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Dominican Republic than Netherlands included Haiti ($856M), Jamaica ($115M), and Turks and Caicos Islands ($21.6M).

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

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) (NaN)

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