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Pricing

2022
Flag → Flag
Exports $37.5MRnk 38 / 168
2022
Flag → Flag
Top Product $22.9MOther Edible Preparations
2022
Flag → Flag
Exports $2.48MRnk 87 / 163
2022
Flag → Flag
Top Product $588kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Uruguay-Dominican Republic Trade: In 2022, Uruguay exported $37.5M to Dominican Republic. The main products that Uruguay exported to Dominican Republic were Other Edible Preparations ($22.9M), Rapeseed Oil ($2.54M), and Packaged Medicaments ($2.01M). Over the past 5 years the exports of Uruguay to Dominican Republic have increased at an annualized rate of 9.9%, from $23.4M in 2017 to $37.5M in 2022.

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

Dominican Republic-Uruguay Trade: In 2022, Dominican Republic exported $2.48M to Uruguay. The main products that Dominican Republic exported to Uruguay were Packaged Medicaments ($588k), Other Plastic Products ($363k), and Special Pharmaceuticals ($310k). Over the past 5 years the exports of Dominican Republic to Uruguay have decreased at an annualized rate of 18.2%,  from $8.28M in 2017 to $2.48M in 2022.

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

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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, Uruguay exported $37.5M to Dominican Republic. The main products exported from Uruguay to Dominican Republic were Other Edible Preparations ($22.9M), Rapeseed Oil ($2.54M), and Packaged Medicaments ($2.01M). During the last 5 years the exports of Uruguay to Dominican Republic have increased at an annualized rate of 9.9%, from $23.4M in 2017 to $37.5M in 2022.

In 2017, Dominican Republic exported $2.48M to Uruguay. The main products exported from Dominican Republic to Uruguay were Packaged Medicaments ($588k), Other Plastic Products ($363k), and Special Pharmaceuticals ($310k). During the last 5 years the exports of Dominican Republic to Uruguay have decreased at an annualized rate of 18.2%, from $8.28M in 2022 to $2.48M in 2017.

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

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

Latest Data

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

Uruguay Exports

Dominican Republic Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Uruguay than Dominican Republic included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

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

Comparative Advantage Uruguay - Dominican Republic

Flow
Scale

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

During 2022, Uruguay had a large net trade with Dominican Republic in the exports of Foodstuffs ($23.4M), Chemical Products ($6.13M), and Animal and Vegetable Bi-Products ($2.57M).

During 2017, Dominican Republic had a large net trade with Uruguay in the exports of Chemical Products ($1.26M), Plastics and Rubbers ($603k), and Foodstuffs ($216k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Dominican Republic+$535kSawn Wood
Top Product Potential Dominican Republic Uruguay+$423kPackaged Medicaments

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

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

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