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2023
Flag → Flag
Exports $5.22kRnk 60 / 76
2023
Flag → Flag
Top Product $2.44kLiquid Pumps
2023
Flag → Flag
Exports $14.7kRnk 151 / 166
2023
Flag → Flag
Top Product $14.7kRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Palestine-Dominican Republic Trade: In 2023, Palestine exported $5.22k to Dominican Republic. The main products that Palestine exported to Dominican Republic were Liquid Pumps ($2.44k), Excavation Machinery ($993), and Electrical Ignitions ($603). Over the past 5 years the exports of Palestine to Dominican Republic have decreased at an annualized rate of 38.4%, from $58.8k in 2018 to $5.22k in 2023.

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

Dominican Republic-Palestine Trade: In 2023, Dominican Republic exported $14.7k to Palestine. The main products that Dominican Republic exported to Palestine were Rolled Tobacco ($14.7k). Over the past 5 years the exports of Dominican Republic to Palestine have decreased at an annualized rate of 30.1%,  from $88.2k in 2018 to $14.7k in 2023.

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

Comparison In 2023,  Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $5.22k to Dominican Republic. The main products exported from Palestine to Dominican Republic were Liquid Pumps ($2.44k), Excavation Machinery ($993), and Electrical Ignitions ($603). During the last 5 years the exports of Palestine to Dominican Republic have decreased at an annualized rate of 38.4%, from $58.8k in 2018 to $5.22k in 2023.

In 2018, Dominican Republic exported $14.7k to Palestine. The main products exported from Dominican Republic to Palestine were Rolled Tobacco ($14.7k). During the last 5 years the exports of Dominican Republic to Palestine have decreased at an annualized rate of 30.1%, from $88.2k in 2023 to $14.7k in 2018.

Exports from Palestine (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Palestine (Flag) (2023)

Market Competitiveness

Color
Palestine
Top DestinationJordan$96.6M
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Palestine than Dominican Republic included Jordan ($96.6M), Qatar ($3.04M), and Uzbekistan ($465k).

In 2023, countries that imported more from Dominican Republic than Palestine included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

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

Comparative Advantage Palestine - Dominican Republic

Flow
Scale

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

During 2023, Palestine had a large net trade with Dominican Republic in the exports of Machines ($4.4k), Transportation ($479), and Plastics and Rubbers ($202).

During 2018, Dominican Republic had a large net trade with Palestine in the exports of Foodstuffs ($14.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Palestine and Dominican Republic. This means that a dot/product with the flag of Palestine 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 Palestine.

Product Space of Palestine (Flag) and Dominican Republic (Flag) (2023)

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