2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 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

Germany-Dominican Republic Trade: In 2022, Germany exported $417M to Dominican Republic. The main products that Germany exported to Dominican Republic were Cheese ($50.9M), Cars ($31M), and Medical Instruments ($13.3M). Over the past 5 years the exports of Germany to Dominican Republic have increased at an annualized rate of 7.18%, from $295M in 2017 to $417M in 2022.

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

Dominican Republic-Germany Trade: In 2022, Dominican Republic exported $276M to Germany. The main products that Dominican Republic exported to Germany were Bananas ($94.8M), Rolled Tobacco ($45.5M), and Medical Instruments ($37.6M). Over the past 5 years the exports of Dominican Republic to Germany have increased at an annualized rate of 4.29%,  from $189M in 2017 to $276M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $417M to Dominican Republic. The main products exported from Germany to Dominican Republic were Cheese ($50.9M), Cars ($31M), and Medical Instruments ($13.3M). During the last 5 years the exports of Germany to Dominican Republic have increased at an annualized rate of 7.18%, from $295M in 2017 to $417M in 2022.

In 2017, Dominican Republic exported $276M to Germany. The main products exported from Dominican Republic to Germany were Bananas ($94.8M), Rolled Tobacco ($45.5M), and Medical Instruments ($37.6M). During the last 5 years the exports of Dominican Republic to Germany have increased at an annualized rate of 4.29%, from $189M in 2022 to $276M in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Germany than Dominican Republic included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Dominican Republic than Germany included Haiti ($1.02B), Jamaica ($139M), and Turks and Caicos Islands ($24.4M).

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

Comparative Advantage Germany - Dominican Republic

Flow
Scale

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

During 2022, Germany had a large net trade with Dominican Republic in the exports of Machines ($108M), Animal Products ($67.2M), and Chemical Products ($48.2M).

During 2017, Dominican Republic had a large net trade with Germany in the exports of Vegetable Products ($112M), Foodstuffs ($72.5M), and Instruments ($47.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Dominican Republic+$43.1MCars
Top Product Potential Dominican Republic Germany+$38MMedical 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 Germany and Dominican Republic. This means that a dot/product with the flag of Germany 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 Germany.

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

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