2023
Flag  
GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC 
$10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Dominican Republic-Argentina Trade: In 2023, Dominican Republic exported $5.73M to Argentina. The main products that Dominican Republic exported to Argentina were Medical Instruments ($1.72M), Special Pharmaceuticals ($836k), and Orthopedic Appliances ($519k). Over the past 5 years the exports of Dominican Republic to Argentina have increased at an annualized rate of 2.97%, from $4.95M in 2018 to $5.73M in 2023.

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

Argentina-Dominican Republic Trade: In 2023, Argentina exported $332M to Dominican Republic. The main products that Argentina exported to Dominican Republic were Soybean Oil ($123M), Delivery Trucks ($69.5M), and Wheat ($59M). Over the past 5 years the exports of Argentina to Dominican Republic have increased at an annualized rate of 22.7%,  from $119M in 2018 to $332M in 2023.

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

Comparison: In 2023,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $5.73M to Argentina. The main products exported from Dominican Republic to Argentina were Medical Instruments ($1.72M), Special Pharmaceuticals ($836k), and Orthopedic Appliances ($519k). During the last 5 years the exports of Dominican Republic to Argentina have increased at an annualized rate of 2.97%, from $4.95M in 2018 to $5.73M in 2023.

In 2018, Argentina exported $332M to Dominican Republic. The main products exported from Argentina to Dominican Republic were Soybean Oil ($123M), Delivery Trucks ($69.5M), and Wheat ($59M). During the last 5 years the exports of Argentina to Dominican Republic have increased at an annualized rate of 22.7%, from $119M in 2023 to $332M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Argentina Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$7.08B
Argentina
Top Destination
Brazil$12.1B

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

In 2023, countries that imported more from Dominican Republic than Argentina included Haiti ($856M), United States ($7.08B), and Jamaica ($115M).

In 2023, countries that imported more from Argentina than Dominican Republic included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

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

Comparative Advantage Dominican Republic - Argentina

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Argentina in the exports of Instruments ($2.29M), Chemical Products ($940k), and Machines ($831k).

During 2018, Argentina had a large net trade with Dominican Republic in the exports of Animal and Vegetable Bi-Products ($125M), Transportation ($78.9M), and Vegetable Products ($72.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Argentina+$4.74kMedical Instruments
Top Product Potential Argentina Dominican Republic+$5.54kRefined Petroleum

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 Dominican Republic and Argentina. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Argentina (Flag) (2023)

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