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Pricing

2022
Flag → Flag
Exports $226Rnk 104 / 129
2022
Flag → Flag
Top Product $226Rubber Tires
2022
Flag → Flag
Exports $50.4kRnk 138 / 163
2022
Flag → Flag
Top Product $48.9kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Botswana-Dominican Republic Trade: In 2022, Botswana exported $226 to Dominican Republic. The main products that Botswana exported to Dominican Republic were Rubber Tires ($226). Over the past 7 years the exports of Botswana to Dominican Republic have increased at an annualized rate of 28.1%, from $40 in 2015 to $226 in 2022.

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

Dominican Republic-Botswana Trade: In 2022, Dominican Republic exported $50.4k to Botswana. The main products that Dominican Republic exported to Botswana were Medical Instruments ($48.9k), Special Pharmaceuticals ($1.22k), and Leather Footwear ($174). Over the past 7 years the exports of Dominican Republic to Botswana have increased at an annualized rate of 130%,  from $791 in 2015 to $50.4k in 2022.

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

Comparison: In 2022,  Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). 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, Botswana exported $226 to Dominican Republic. The main products exported from Botswana to Dominican Republic were Rubber Tires ($226). During the last 7 years the exports of Botswana to Dominican Republic have increased at an annualized rate of 28.1%, from $40 in 2015 to $226 in 2022.

In 2017, Dominican Republic exported $50.4k to Botswana. The main products exported from Dominican Republic to Botswana were Medical Instruments ($48.9k), Special Pharmaceuticals ($1.22k), and Leather Footwear ($174). During the last 5 years the exports of Dominican Republic to Botswana have increased at an annualized rate of 130%, from $791 in 2022 to $50.4k in 2017.

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

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

Market Competitiveness

Color
Botswana
Top DestinationUnited Arab Emirates$2.31B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Botswana than Dominican Republic included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

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

Comparative Advantage Botswana - Dominican Republic

Flow
Scale

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

During 2022, Botswana had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($226).

During 2017, Dominican Republic had a large net trade with Botswana in the exports of Instruments ($48.9k), Chemical Products ($1.3k), and Footwear and Headwear ($174).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Dominican Republic+$2.26kCoal Briquettes
Top Product Potential Dominican Republic Botswana+$108kMedical 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 Botswana and Dominican Republic. This means that a dot/product with the flag of Botswana 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 Botswana.

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

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