2023
Flag  
GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Bangladesh-Dominican Republic Trade: In 2023, Bangladesh exported $20.5M to Dominican Republic. The main products that Bangladesh exported to Dominican Republic were Raw Tobacco ($3.68M), Knitted Hats ($3.13M), and Knit T-shirts ($2.82M). Over the past 5 years the exports of Bangladesh to Dominican Republic have increased at an annualized rate of 20.3%, from $8.13M in 2018 to $20.5M in 2023.

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

Dominican Republic-Bangladesh Trade: In 2023, Dominican Republic exported $2.61M to Bangladesh. The main products that Dominican Republic exported to Bangladesh were Scrap Iron ($2.29M), Tanned Equine and Bovine Hides ($251k), and Blank Audio Media ($57.5k). Over the past 5 years the exports of Dominican Republic to Bangladesh have increased at an annualized rate of 13.4%,  from $1.39M in 2018 to $2.61M in 2023.

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$8.58B
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Bangladesh than Dominican Republic included Germany ($8.28B), United Kingdom ($4.25B), and Spain ($3.95B).

In 2023, countries that imported more from Dominican Republic than Bangladesh included Haiti ($856M), South Korea ($236M), and Jamaica ($115M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Dominican Republic+$3.66kNon-Knit Women's Suits
Top Product Potential Dominican Republic Bangladesh+$4.38kGold

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

Product Space of Bangladesh (Flag) and Dominican Republic (Flag) (NaN)

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