2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 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

China-Dominican Republic Trade: In 2022, China exported $4.66B to Dominican Republic. The main products that China exported to Dominican Republic were Semiconductor Devices ($190M), Coated Flat-Rolled Iron ($151M), and Air Conditioners ($86.6M). Over the past 5 years the exports of China to Dominican Republic have increased at an annualized rate of 17.4%, from $2.09B in 2017 to $4.66B in 2022.

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

Dominican Republic-China Trade: In 2022, Dominican Republic exported $400M to China. The main products that Dominican Republic exported to China were Ferroalloys ($164M), Medical Instruments ($74.7M), and Raw Tobacco ($49.1M). Over the past 5 years the exports of Dominican Republic to China have increased at an annualized rate of 10.8%,  from $239M in 2017 to $400M in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $4.66B to Dominican Republic. The main products exported from China to Dominican Republic were Semiconductor Devices ($190M), Coated Flat-Rolled Iron ($151M), and Air Conditioners ($86.6M). During the last 5 years the exports of China to Dominican Republic have increased at an annualized rate of 17.4%, from $2.09B in 2017 to $4.66B in 2022.

In 2017, Dominican Republic exported $400M to China. The main products exported from Dominican Republic to China were Ferroalloys ($164M), Medical Instruments ($74.7M), and Raw Tobacco ($49.1M). During the last 5 years the exports of Dominican Republic to China have increased at an annualized rate of 10.8%, from $239M in 2022 to $400M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from China than Dominican Republic included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Dominican Republic than China included Haiti ($1.02B), Turks and Caicos Islands ($24.4M), and Anguilla ($1.82M).

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

Comparative Advantage China - Dominican Republic

Flow
Scale

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

During 2022, China had a large net trade with Dominican Republic in the exports of Machines ($1.27B), Metals ($795M), and Textiles ($407M).

During 2017, Dominican Republic had a large net trade with China in the exports of Metals ($176M), Instruments ($77.8M), and Mineral Products ($53.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Dominican Republic+$64.7MTelephones
Top Product Potential Dominican Republic China+$67.1MMedical 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 China and Dominican Republic. This means that a dot/product with the flag of China 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 China.

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

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