2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Australia-Dominican Republic In 2022, Australia exported $29.4M to Dominican Republic. The main products that Australia exported to Dominican Republic are Margarine ($7.42M), Cyanides ($6.9M), and Sheep and Goat Meat ($5.65M). During the last 27 years the exports of Australia to Dominican Republic have increased at an annualized rate of 19.9%, from $220k in 1995 to $29.4M in 2022.

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

Dominican Republic-Australia In 2022, Dominican Republic exported $46.7M to Australia. The main products that Dominican Republic exported to Australia were Medical Instruments ($27.4M), Other Plastic Products ($2.23M), and Low-voltage Protection Equipment ($2.2M). During the last 27 years the exports of Dominican Republic to Australia have increased at an annualized rate of 16.6%, from $740k in 1995 to $46.7M in 2022.

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

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B). That same year, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $29.4M to Dominican Republic. The main products exported from Australia to Dominican Republic were Margarine ($7.42M), Cyanides ($6.9M), and Sheep and Goat Meat ($5.65M). During the last 27 years the exports of Australia to Dominican Republic have increased at an annualized rate of 19.9%, from $220k in 1995 to $29.4M in 2022.

In 2022, Dominican Republic exported $46.7M to Australia. The main products exported from Dominican Republic to Australia were Medical Instruments ($27.4M), Other Plastic Products ($2.23M), and Low-voltage Protection Equipment ($2.2M). During the last 27 years the exports of Dominican Republic to Australia have increased at an annualized rate of 16.6%, from $740k in 1995 to $46.7M in 2022.

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

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

Latest Data

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

Australia Exports

Dominican Republic Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Dominican Republic
Top Destination
United States$6.85B

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

In 2021, countries that imported more from Australia than Dominican Republic were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Dominican Republic than Australia were Haiti ($1.02B), Jamaica ($139M), and Costa Rica ($71.3M).

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

Comparative Advantage Australia - Dominican Republic

Flow
Scale

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

During 2022, Australia had a large net trade with Dominican Republic in the exports of Animal and Vegetable Bi-Products ($7.42M), Chemical Products ($7.04M), and Animal Products ($5.74M).

During 2022, Dominican Republic had a large net trade with Australia in the exports of Instruments ($29.5M), Machines ($6.31M), and Textiles ($3.5M).

Economic Complexity

Competitive Landscape

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

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

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