2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-Dominican Republic Trade: In 2022, Canada exported $427M to Dominican Republic. The main products that Canada exported to Dominican Republic were Wheat ($203M), Fish: dried, salted, smoked or in brine ($31.5M), and Vaccines, blood, antisera, toxins and cultures ($19.7M). Over the past 5 years the exports of Canada to Dominican Republic have increased at an annualized rate of 15.7%, from $206M in 2017 to $427M in 2022.

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

Dominican Republic-Canada Trade: In 2022, Dominican Republic exported $247M to Canada. The main products that Dominican Republic exported to Canada were Low-voltage Protection Equipment ($35.4M), Petroleum Gas ($34.6M), and Medical Instruments ($20.9M). Over the past 5 years the exports of Dominican Republic to Canada have decreased at an annualized rate of 9.04%,  from $931M in 2017 to $247M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $427M to Dominican Republic. The main products exported from Canada to Dominican Republic were Wheat ($203M), Fish: dried, salted, smoked or in brine ($31.5M), and Vaccines, blood, antisera, toxins and cultures ($19.7M). During the last 5 years the exports of Canada to Dominican Republic have increased at an annualized rate of 15.7%, from $206M in 2017 to $427M in 2022.

In 2017, Dominican Republic exported $247M to Canada. The main products exported from Dominican Republic to Canada were Low-voltage Protection Equipment ($35.4M), Petroleum Gas ($34.6M), and Medical Instruments ($20.9M). During the last 5 years the exports of Dominican Republic to Canada have decreased at an annualized rate of 9.04%, from $931M in 2022 to $247M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Canada than Dominican Republic included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Dominican Republic than Canada included Haiti ($1.02B), Honduras ($54.6M), and Turks and Caicos Islands ($24.4M).

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

Comparative Advantage Canada - Dominican Republic

Flow
Scale

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

During 2022, Canada had a large net trade with Dominican Republic in the exports of Vegetable Products ($213M), Machines ($46.5M), and Animal Products ($45.2M).

During 2017, Dominican Republic had a large net trade with Canada in the exports of Machines ($66.5M), Instruments ($40.3M), and Mineral Products ($34.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Dominican Republic+$9.27MCars
Top Product Potential Dominican Republic Canada+$27.9MMedical 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 Canada and Dominican Republic. This means that a dot/product with the flag of Canada 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 Canada.

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

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