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2023
Flag → Flag
Exports $125MRnk 7 / 114
2023
Flag → Flag
Top Product $119MRefined Petroleum
2023
Flag → Flag
Exports $18MRnk 49 / 166
2023
Flag → Flag
Top Product $1.85MCement
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Bahamas-Dominican Republic Trade: In 2023, Bahamas exported $125M to Dominican Republic. The main products that Bahamas exported to Dominican Republic were Refined Petroleum ($119M), Coal Briquettes ($5.96M), and Hard Liquor ($9.56k). Over the past 5 years the exports of Bahamas to Dominican Republic have increased at an annualized rate of 60.9%, from $11.6M in 2018 to $125M in 2023.

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

Dominican Republic-Bahamas Trade: In 2023, Dominican Republic exported $18M to Bahamas. The main products that Dominican Republic exported to Bahamas were Cement ($1.85M), Plastic Lids ($1.34M), and Raw Iron Bars ($983k). Over the past 5 years the exports of Dominican Republic to Bahamas have increased at an annualized rate of 2.14%,  from $16.2M in 2018 to $18M in 2023.

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

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B), 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, Bahamas exported $125M to Dominican Republic. The main products exported from Bahamas to Dominican Republic were Refined Petroleum ($119M), Coal Briquettes ($5.96M), and Hard Liquor ($9.56k). During the last 5 years the exports of Bahamas to Dominican Republic have increased at an annualized rate of 60.9%, from $11.6M in 2018 to $125M in 2023.

In 2018, Dominican Republic exported $18M to Bahamas. The main products exported from Dominican Republic to Bahamas were Cement ($1.85M), Plastic Lids ($1.34M), and Raw Iron Bars ($983k). During the last 5 years the exports of Dominican Republic to Bahamas have increased at an annualized rate of 2.14%, from $16.2M in 2023 to $18M in 2018.

Exports from Bahamas (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Bahamas (Flag) (2023)

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Bahamas than Dominican Republic included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

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

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

Comparative Advantage Bahamas - Dominican Republic

Flow
Scale

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

During 2023, Bahamas had a large net trade with Dominican Republic in the exports of Mineral Products ($125M), Foodstuffs ($13.3k), and Machines ($2.29k).

During 2018, Dominican Republic had a large net trade with Bahamas in the exports of Foodstuffs ($3.98M), Plastics and Rubbers ($3.19M), and Mineral Products ($2.47M).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Dominican Republic (Flag) (2023)

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