2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Philippines-Dominican Republic Trade: In 2022, Philippines exported $68.2M to Dominican Republic. The main products that Philippines exported to Dominican Republic were Raw Tobacco ($58.1M), Integrated Circuits ($1.21M), and Electrical Transformers ($1.15M). Over the past 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 36.3%, from $14.5M in 2017 to $68.2M in 2022.

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

Dominican Republic-Philippines Trade: In 2022, Dominican Republic exported $32.3M to Philippines. The main products that Dominican Republic exported to Philippines were Oscilloscopes ($11.3M), Other Aluminium Products ($8.02M), and Plastic Lids ($7.35M). Over the past 5 years the exports of Dominican Republic to Philippines have increased at an annualized rate of 20.9%,  from $12.5M in 2017 to $32.3M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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, Philippines exported $68.2M to Dominican Republic. The main products exported from Philippines to Dominican Republic were Raw Tobacco ($58.1M), Integrated Circuits ($1.21M), and Electrical Transformers ($1.15M). During the last 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 36.3%, from $14.5M in 2017 to $68.2M in 2022.

In 2017, Dominican Republic exported $32.3M to Philippines. The main products exported from Dominican Republic to Philippines were Oscilloscopes ($11.3M), Other Aluminium Products ($8.02M), and Plastic Lids ($7.35M). During the last 5 years the exports of Dominican Republic to Philippines have increased at an annualized rate of 20.9%, from $12.5M in 2022 to $32.3M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Philippines than Dominican Republic included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

In 2022, countries that imported more from Dominican Republic than Philippines included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

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

Comparative Advantage Philippines - Dominican Republic

Flow
Scale

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

During 2022, Philippines had a large net trade with Dominican Republic in the exports of Foodstuffs ($59.2M), Machines ($4.81M), and Plastics and Rubbers ($1.14M).

During 2017, Dominican Republic had a large net trade with Philippines in the exports of Instruments ($12.4M), Metals ($8.02M), and Plastics and Rubbers ($7.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Dominican Republic+$4.26kGold
Top Product Potential Dominican Republic Philippines+$4.28kLow-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 Philippines and Dominican Republic. This means that a dot/product with the flag of Philippines 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 Philippines.

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

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