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Pricing

2022
Flag → Flag
Exports $72.7MRnk 64 / 208
2022
Flag → Flag
Top Product $9.52MGlass Bottles
2022
Flag → Flag
Exports $8.84MRnk 62 / 163
2022
Flag → Flag
Top Product $4.09MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Portugal-Dominican Republic Trade: In 2022, Portugal exported $72.7M to Dominican Republic. The main products that Portugal exported to Dominican Republic were Glass Bottles ($9.52M), Uncoated Paper ($8.3M), and Other Electrical Machinery ($4.79M). Over the past 5 years the exports of Portugal to Dominican Republic have increased at an annualized rate of 18%, from $31.8M in 2017 to $72.7M in 2022.

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

Dominican Republic-Portugal Trade: In 2022, Dominican Republic exported $8.84M to Portugal. The main products that Dominican Republic exported to Portugal were Bananas ($4.09M), Leather Footwear ($963k), and Other Footwear ($769k). Over the past 5 years the exports of Dominican Republic to Portugal have increased at an annualized rate of 19.5%,  from $3.63M in 2017 to $8.84M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €2.38M and imported €453k from Dominican Republic, resulting in a positive trade balance of €1.93M. Between August 2023 and August 2024 the exports of Portugal have decreased by €-8.69k (-0.36%) from €2.39M to €2.38M, while imports decreased by €-214k (-32.1%) from €668k to €453k.

Trade In August 2024, the top exports of Portugal to Dominican Republic were Beverages, spirits, & vinegar (€870k), Pharmaceutical products (€350k), Furniture, bedding, lamps, & prefab buildings (€265k), Electrical machinery and electronics (€233k), and Special woven fabrics and tapestries (€221k). In August 2024 the top imports of Portugal from Dominican Republic were Edible fruits, nuts & fruit peels (€234k), Beverages, spirits, & vinegar (€68.5k), Rubber & articles thereof (€57.3k), Raw hides & skin (non-fur) (€20.3k), and Electrical machinery and electronics (€6.1k).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Glass & glassware (€-877k or -97.7%), Paper articles (€-626k or -86.9%), and Machinery, mechanical appliances, & parts (€-308k or -58.9%). In August 2024, the decrease in Portugal's year-by-year imports  from Dominican Republic was explained primarily by an decrease in product imports  in Tobacco & substitutes (€-106k or -100%), Footwear (€-22.7k or -99.5%), and Fish, crustaceans, & molluscs (€-5.28k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-8.69k(-0.36%)
IMPORT GROWTH (August 2023 - August 2024)€-214k(-32.1%)

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $72.7M to Dominican Republic. The main products exported from Portugal to Dominican Republic were Glass Bottles ($9.52M), Uncoated Paper ($8.3M), and Other Electrical Machinery ($4.79M). During the last 5 years the exports of Portugal to Dominican Republic have increased at an annualized rate of 18%, from $31.8M in 2017 to $72.7M in 2022.

In 2017, Dominican Republic exported $8.84M to Portugal. The main products exported from Dominican Republic to Portugal were Bananas ($4.09M), Leather Footwear ($963k), and Other Footwear ($769k). During the last 5 years the exports of Dominican Republic to Portugal have increased at an annualized rate of 19.5%, from $3.63M in 2022 to $8.84M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Portugal than Dominican Republic included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Dominican Republic than Portugal included United States ($6.85B), Haiti ($1.02B), and India ($390M).

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

Comparative Advantage Portugal - Dominican Republic

Flow
Scale

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

During 2022, Portugal had a large net trade with Dominican Republic in the exports of Machines ($19M), Stone And Glass ($14.2M), and Paper Goods ($11.5M).

During 2017, Dominican Republic had a large net trade with Portugal in the exports of Vegetable Products ($4.19M), Footwear and Headwear ($1.95M), and Textiles ($744k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Dominican Republic+$1.73MPackaged Medicaments
Top Product Potential Dominican Republic Portugal+$702kLeather Footwear

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

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

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