2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

China-Dominican Republic Trade: In 2023, China exported $5.41B to Dominican Republic. The main products that China exported to Dominican Republic were Broadcasting Equipment ($248M), Cars ($173M), and Coated Flat-Rolled Iron ($159M). Over the past 5 years the exports of China to Dominican Republic have increased at an annualized rate of 11.6%, from $3.12B in 2018 to $5.41B in 2023.

In 2023, China did not export any services to Dominican Republic.

Dominican Republic-China Trade: In 2023, Dominican Republic exported $636M to China. The main products that Dominican Republic exported to China were Ferroalloys ($303M), Medical Instruments ($126M), and Copper Ore ($63.7M). Over the past 5 years the exports of Dominican Republic to China have increased at an annualized rate of 29.4%,  from $175M in 2018 to $636M in 2023.

In 2023, Dominican Republic did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $5.41B to Dominican Republic. The main products exported from China to Dominican Republic were Broadcasting Equipment ($248M), Cars ($173M), and Coated Flat-Rolled Iron ($159M). During the last 5 years the exports of China to Dominican Republic have increased at an annualized rate of 11.6%, from $3.12B in 2018 to $5.41B in 2023.

In 2018, Dominican Republic exported $636M to China. The main products exported from Dominican Republic to China were Ferroalloys ($303M), Medical Instruments ($126M), and Copper Ore ($63.7M). During the last 5 years the exports of Dominican Republic to China have increased at an annualized rate of 29.4%, from $175M in 2023 to $636M in 2018.

Exports from China (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Dominican Republic
Top Destination
United States$7.08B

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 2023, countries that imported more from China than Dominican Republic included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Dominican Republic than China included Haiti ($856M), Turks and Caicos Islands ($21.6M), and Anguilla ($2.03M).

Difference in imports from Dominican Republic (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Dominican Republic in the exports of Machines ($1.91B), Metals ($819M), and Plastics and Rubbers ($488M).

During 2018, Dominican Republic had a large net trade with China in the exports of Metals ($359M), Instruments ($130M), and Mineral Products ($80.6M).

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) (2023)

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