Flag United States / Dominican Republic Flag

Exports Flag β†’ Flag  (2018): $6.45B, Rnk 35 / 215

Top Product Flag β†’ Flag (2018): $1.38B, Refined Petroleum

Exports Flag β†’ Flag (2018): $4.45B, Rnk 1 / 108

Top Product Flag β†’ Flag (2018): $709M, Rolled Tobacco

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI -0.19, Rnk 76 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $85.6B, CURRENT US$
Rnk 66 / 196

GDP GROWTH Flag (2008-2018): 77.8%, CURRENT US$
Rnk 46 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $8,051, CURRENT US$
Rnk 87 / 196

GDP PC GROWTH Flag (2008-2018): 58.2%, CURRENT US$
Rnk 38 / 196

United States-Dominican Republic: In 2018, United States exported $6.45B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($1.38B), Petroleum Gas ($630M), and Cars ($358M). During the last 23 years the exports of United States to Dominican Republic have increased at an annualized rate of 3.49%, from $2.93B in 1995 to $6.45B in 2018.

Dominican Republic-United States: In 2018, Dominican Republic exported $4.45B to United States. The main products exported from Dominican Republic to United States were Rolled Tobacco ($709M), Low-voltage Protection Equipment ($664M), and Knit T-shirts ($330M). During the last 23 years the exports of Dominican Republic to United States have increased at an annualized rate of 1.18%, from $3.4B in 1995 to $4.45B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Dominican Republic ranked 76 in the Economic Complexity Index (ECI -0.19), and 96 in total exports ($8.24B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Dominican Republic was ranked 87 with a GDP Per Capita of $8,051.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $6.45B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($1.38B), Petroleum Gas ($630M), and Cars ($358M). During the last 23 years the exports of United States to Dominican Republic have increased at an annualized rate of 3.49%, from $2.93B in 1995 to $6.45B in 2018.

In 2018, Dominican Republic exported $4.45B to United States. The main products exported from Dominican Republic to United States were Rolled Tobacco ($709M), Low-voltage Protection Equipment ($664M), and Knit T-shirts ($330M). During the last 23 years the exports of Dominican Republic to United States have increased at an annualized rate of 1.18%, from $3.4B in 1995 to $4.45B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Dominican Republic
Top Destination
: United States, $4.45B

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

In 2018, countries that imported more from United States than Dominican Republic were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, no countries were registered that imported more from Dominican Republic than from United States.

Comparative Advantage United States - Dominican Republic

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Depth

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

During 2018, United States had a large net trade with Dominican Republic in the exports of Mineral Products ($2.34B), Foodstuffs ($609M), and Textiles ($553M).

During 2018, Dominican Republic had a large net trade with United States in the exports of Foodstuffs ($1.15B), Textiles ($880M), and Machines ($803M).

Tariff Section

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This sections shows import tariffs for products traded between United States and Dominican Republic (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Dominican Republic were Cheese, grated or powdered, of all kinds (17%) and Cheese processed, not grated or powdered (17%).

In 2018, the products from Dominican Republic that paid the highest import tariffs to enter United States were Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen (25%) and Milk powder < 1.5% fat (20%).

Explore Tariff Data

*The tariffs present between United States and Dominican Republic are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
386: United States - Dominican Republic - Central America Free Trade Agreement (DR-CAFTA; incl. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic; 2005)
386: United States - Dominican Republic - Central America Free Trade Agreement (DR-CAFTA; incl. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic; 2005)

Trade Forecasts

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This section shows a forecast for total trade between United States and Dominican Republic. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Dominican Republic. Similarly, the more red a dot/product is, the more Dominican Republic has comparative advantage over United States.