2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 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

Cuba-Dominican Republic Trade: In 2022, Cuba exported $5.93M to Dominican Republic. The main products that Cuba exported to Dominican Republic were Raw Tobacco ($3.44M), Packaged Medicaments ($1.69M), and Hard Liquor ($255k). Over the past 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 5.02%, from $7.68M in 2017 to $5.93M in 2022.

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

Dominican Republic-Cuba Trade: In 2022, Dominican Republic exported $37.3M to Cuba. The main products that Dominican Republic exported to Cuba were Synthetic Rubber ($5.09M), Soybean Oil ($4.16M), and Beer ($3.49M). Over the past 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 3.3%,  from $47.1M in 2017 to $37.3M in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. 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, Cuba exported $5.93M to Dominican Republic. The main products exported from Cuba to Dominican Republic were Raw Tobacco ($3.44M), Packaged Medicaments ($1.69M), and Hard Liquor ($255k). During the last 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 5.02%, from $7.68M in 2017 to $5.93M in 2022.

In 2017, Dominican Republic exported $37.3M to Cuba. The main products exported from Dominican Republic to Cuba were Synthetic Rubber ($5.09M), Soybean Oil ($4.16M), and Beer ($3.49M). During the last 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 3.3%, from $47.1M in 2022 to $37.3M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Cuba than Dominican Republic included Portugal ($43.3M), Cyprus ($31.2M), and China ($426M).

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

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

Comparative Advantage Cuba - Dominican Republic

Flow
Scale

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

During 2022, Cuba had a large net trade with Dominican Republic in the exports of Foodstuffs ($3.79M), Chemical Products ($1.87M), and Animal Products ($171k).

During 2017, Dominican Republic had a large net trade with Cuba in the exports of Foodstuffs ($8.52M), Plastics and Rubbers ($7.5M), and Textiles ($6.06M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cuba and Dominican Republic. This means that a dot/product with the flag of Cuba 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 Cuba.

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

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