2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 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 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 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

Bermuda-Dominican Republic Trade: In 2022, Bermuda exported $6.89k to Dominican Republic. The main products that Bermuda exported to Dominican Republic were Hard Liquor ($3.52k), Other Electrical Machinery ($2.77k), and Knit Sweaters ($419). Over the past 5 years the exports of Bermuda to Dominican Republic have increased at an annualized rate of 5.7%, from $5.22k in 2017 to $6.89k in 2022.

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

Dominican Republic-Bermuda Trade: In 2022, Dominican Republic exported $1.89M to Bermuda. The main products that Dominican Republic exported to Bermuda were Petroleum Gas ($1.7M), Animal Food ($59k), and Rolled Tobacco ($52.1k). Over the past 5 years the exports of Dominican Republic to Bermuda have increased at an annualized rate of 7.81%,  from $452k in 2017 to $1.89M in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $6.89k to Dominican Republic. The main products exported from Bermuda to Dominican Republic were Hard Liquor ($3.52k), Other Electrical Machinery ($2.77k), and Knit Sweaters ($419). During the last 5 years the exports of Bermuda to Dominican Republic have increased at an annualized rate of 5.7%, from $5.22k in 2017 to $6.89k in 2022.

In 2017, Dominican Republic exported $1.89M to Bermuda. The main products exported from Dominican Republic to Bermuda were Petroleum Gas ($1.7M), Animal Food ($59k), and Rolled Tobacco ($52.1k). During the last 5 years the exports of Dominican Republic to Bermuda have increased at an annualized rate of 7.81%, from $452k in 2022 to $1.89M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Bermuda than Dominican Republic included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from Dominican Republic than Bermuda included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

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

Comparative Advantage Bermuda - Dominican Republic

Flow
Scale

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

During 2022, Bermuda had a large net trade with Dominican Republic in the exports of Foodstuffs ($3.52k), Machines ($2.77k), and Textiles ($531).

During 2017, Dominican Republic had a large net trade with Bermuda in the exports of Mineral Products ($1.71M), Foodstuffs ($127k), and Stone And Glass ($19.4k).

Economic Complexity

Competitive Landscape

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

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

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