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2023
Flag → Flag
Exports $328kRnk 33 / 82
2023
Flag → Flag
Top Product $126kPlastic Floor Coverings
2023
Flag → Flag
Exports $4.02MRnk 78 / 166
2023
Flag → Flag
Top Product $1.02MRaw Iron Bars
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

British Virgin Islands-Dominican Republic Trade: In 2023, British Virgin Islands exported $328k to Dominican Republic. The main products that British Virgin Islands exported to Dominican Republic were Plastic Floor Coverings ($126k), Other Animals ($54.6k), and Aluminium Bars ($39k). Over the past 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 66.1%, from $73.1M in 2018 to $328k in 2023.

In 2023, British Virgin Islands did not export any services to Dominican Republic.

Dominican Republic-British Virgin Islands Trade: In 2023, Dominican Republic exported $4.02M to British Virgin Islands. The main products that Dominican Republic exported to British Virgin Islands were Raw Iron Bars ($1.02M), Bananas ($312k), and Plastic Pipes ($224k). Over the past 5 years the exports of Dominican Republic to British Virgin Islands have decreased at an annualized rate of 7.6%,  from $5.96M in 2018 to $4.02M in 2023.

In 2023, Dominican Republic did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), 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, British Virgin Islands exported $328k to Dominican Republic. The main products exported from British Virgin Islands to Dominican Republic were Plastic Floor Coverings ($126k), Other Animals ($54.6k), and Aluminium Bars ($39k). During the last 5 years the exports of British Virgin Islands to Dominican Republic have decreased at an annualized rate of 66.1%, from $73.1M in 2018 to $328k in 2023.

In 2018, Dominican Republic exported $4.02M to British Virgin Islands. The main products exported from Dominican Republic to British Virgin Islands were Raw Iron Bars ($1.02M), Bananas ($312k), and Plastic Pipes ($224k). During the last 5 years the exports of Dominican Republic to British Virgin Islands have decreased at an annualized rate of 7.6%, from $5.96M in 2023 to $4.02M in 2018.

Exports from British Virgin Islands (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

Trade between British Virgin Islands (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from British Virgin Islands than Dominican Republic included Malta ($93.7M), Greece ($30.3M), and Zimbabwe ($3.9M).

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

Difference in imports from Dominican Republic (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Dominican Republic

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($156k), Animal Products ($54.6k), and Metals ($54.2k).

During 2018, Dominican Republic had a large net trade with British Virgin Islands in the exports of Metals ($1.13M), Vegetable Products ($769k), and Foodstuffs ($607k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Dominican Republic (Flag) (2023)

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