2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Dominican Republic Trade: In 2022, Brazil exported $1.16B to Dominican Republic. The main products that Brazil exported to Dominican Republic were Corn ($212M), Semi-Finished Iron ($195M), and Hot-Rolled Iron Bars ($67.4M). Over the past 5 years the exports of Brazil to Dominican Republic have increased at an annualized rate of 13.1%, from $629M in 2017 to $1.16B in 2022.

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

Dominican Republic-Brazil Trade: In 2022, Dominican Republic exported $37.3M to Brazil. The main products that Dominican Republic exported to Brazil were Medical Instruments ($18.8M), Other Plastic Products ($9.74M), and Low-voltage Protection Equipment ($2.38M). Over the past 5 years the exports of Dominican Republic to Brazil have increased at an annualized rate of 21.2%,  from $14.3M in 2017 to $37.3M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $1.16B to Dominican Republic. The main products exported from Brazil to Dominican Republic were Corn ($212M), Semi-Finished Iron ($195M), and Hot-Rolled Iron Bars ($67.4M). During the last 5 years the exports of Brazil to Dominican Republic have increased at an annualized rate of 13.1%, from $629M in 2017 to $1.16B in 2022.

In 2017, Dominican Republic exported $37.3M to Brazil. The main products exported from Dominican Republic to Brazil were Medical Instruments ($18.8M), Other Plastic Products ($9.74M), and Low-voltage Protection Equipment ($2.38M). During the last 5 years the exports of Dominican Republic to Brazil have increased at an annualized rate of 21.2%, from $14.3M in 2022 to $37.3M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
N/AN/A
Dominican Republic
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Brazil - Dominican Republic

Flow
Scale

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

During 2022, Brazil had a large net trade with Dominican Republic in the exports of Metals ($315M), Vegetable Products ($249M), and Transportation ($91.7M).

During 2017, Dominican Republic had a large net trade with Brazil in the exports of Instruments ($19M), Plastics and Rubbers ($10.4M), and Machines ($3.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Dominican Republic+$18.2MCars
Top Product Potential Dominican Republic Brazil+$15.4MMedical Instruments

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

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

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