2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 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

Chile-Dominican Republic Trade: In 2022, Chile exported $192M to Dominican Republic. The main products that Chile exported to Dominican Republic were Petroleum Gas ($33.9M), Cars ($28.7M), and Fish Fillets ($8.05M). Over the past 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 14.2%, from $99M in 2017 to $192M in 2022.

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

Dominican Republic-Chile Trade: In 2022, Dominican Republic exported $22.2M to Chile. The main products that Dominican Republic exported to Chile were Hard Liquor ($4.78M), Medical Instruments ($3.23M), and Other Plastic Products ($2.6M). Over the past 5 years the exports of Dominican Republic to Chile have increased at an annualized rate of 2.69%,  from $19.4M in 2017 to $22.2M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $192M to Dominican Republic. The main products exported from Chile to Dominican Republic were Petroleum Gas ($33.9M), Cars ($28.7M), and Fish Fillets ($8.05M). During the last 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 14.2%, from $99M in 2017 to $192M in 2022.

In 2017, Dominican Republic exported $22.2M to Chile. The main products exported from Dominican Republic to Chile were Hard Liquor ($4.78M), Medical Instruments ($3.23M), and Other Plastic Products ($2.6M). During the last 5 years the exports of Dominican Republic to Chile have increased at an annualized rate of 2.69%, from $19.4M in 2022 to $22.2M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Chile than Dominican Republic included China ($38.5B), Japan ($7.43B), and United States ($13.9B).

In 2022, countries that imported more from Dominican Republic than Chile included Haiti ($1.02B), Switzerland ($1.08B), and Jamaica ($139M).

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

Comparative Advantage Chile - Dominican Republic

Flow
Scale

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

During 2022, Chile had a large net trade with Dominican Republic in the exports of Mineral Products ($34.1M), Transportation ($33.5M), and Paper Goods ($28.7M).

During 2017, Dominican Republic had a large net trade with Chile in the exports of Foodstuffs ($8.09M), Instruments ($3.36M), and Chemical Products ($3.24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Dominican Republic+$1.88MFish Fillets
Top Product Potential Dominican Republic Chile+$4.27MMedical 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 Chile and Dominican Republic. This means that a dot/product with the flag of Chile 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 Chile.

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

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