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Pricing

2022
Flag → Flag
Exports $23.3kRnk 101 / 149
2022
Flag → Flag
Top Product $13.3kInterior Decorative Glassware
2022
Flag → Flag
Exports $363kRnk 117 / 163
2022
Flag → Flag
Top Product $363kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Nepal-Dominican Republic Trade: In 2022, Nepal exported $23.3k to Dominican Republic. The main products that Nepal exported to Dominican Republic were Interior Decorative Glassware ($13.3k), Non-Knit Women's Shirts ($3.18k), and Non-Knit Men's Shirts ($2.81k). Over the past 5 years the exports of Nepal to Dominican Republic have increased at an annualized rate of 16%, from $11.1k in 2017 to $23.3k in 2022.

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

Dominican Republic-Nepal Trade: In 2022, Dominican Republic exported $363k to Nepal. The main products that Dominican Republic exported to Nepal were Medical Instruments ($363k) and Insulated Wire ($244). Over the past 5 years the exports of Dominican Republic to Nepal have increased at an annualized rate of 16.2%,  from $171k in 2017 to $363k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $23.3k to Dominican Republic. The main products exported from Nepal to Dominican Republic were Interior Decorative Glassware ($13.3k), Non-Knit Women's Shirts ($3.18k), and Non-Knit Men's Shirts ($2.81k). During the last 5 years the exports of Nepal to Dominican Republic have increased at an annualized rate of 16%, from $11.1k in 2017 to $23.3k in 2022.

In 2017, Dominican Republic exported $363k to Nepal. The main products exported from Dominican Republic to Nepal were Medical Instruments ($363k) and Insulated Wire ($244). During the last 5 years the exports of Dominican Republic to Nepal have increased at an annualized rate of 16.2%, from $171k in 2022 to $363k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Date

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Nepal than Dominican Republic included India ($956M), Central African Republic ($8.88M), and Turkey ($28.3M).

In 2022, countries that imported more from Dominican Republic than Nepal included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

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

Comparative Advantage Nepal - Dominican Republic

Flow
Scale

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

During 2022, Nepal had a large net trade with Dominican Republic in the exports of Stone And Glass ($13.3k), Textiles ($5.99k), and Plastics and Rubbers ($1.99k).

During 2017, Dominican Republic had a large net trade with Nepal in the exports of Instruments ($363k) and Machines ($244).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Dominican Republic+$2.14kPalm Oil
Top Product Potential Dominican Republic Nepal+$523kMedical 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 Nepal and Dominican Republic. This means that a dot/product with the flag of Nepal 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 Nepal.

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

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