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Pricing

2021
Flag → Flag
Exports $2.51kRnk 27 / 0
2021
Flag → Flag
Exports $9.43kRnk 88 / 128
2021
Flag → Flag
Top Product $4.8kSeats
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Dominican Republic-Benin Trade: In 2021, Dominican Republic exported $2.51k to Benin. The main products that Dominican Republic exported to Benin were N/A. Over the past 8 years the exports of Dominican Republic to Benin have decreased at an annualized rate of 21.6%, from $17.7k in 2013 to $2.51k in 2021.

In 2021, Dominican Republic did not export any services to Benin.

Benin-Dominican Republic Trade: In 2021, Benin exported $9.43k to Dominican Republic. The main products that Benin exported to Dominican Republic were Seats ($4.8k), Knit T-shirts ($771), and Trunks and Cases ($695). Over the past 8 years the exports of Benin to Dominican Republic have increased at an annualized rate of 37.2%,  from $547 in 2013 to $9.43k in 2021.

In 2021, Benin did not export any services to Dominican Republic.

Comparison: In 2022,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Dominican Republic exported $2.51k to Benin. There were not main exports from Dominican Republic to Benin in 2021. During the last 8 years the exports of Dominican Republic to Benin have decreased at an annualized rate of 21.6%, from $17.7k in 2013 to $2.51k in 2021.

In 2017, Benin exported $9.43k to Dominican Republic. The main products exported from Benin to Dominican Republic were Seats ($4.8k), Knit T-shirts ($771), and Trunks and Cases ($695). During the last 5 years the exports of Benin to Dominican Republic have increased at an annualized rate of 37.2%, from $547 in 2022 to $9.43k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Date

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Dominican Republic included Bangladesh ($406M), United Arab Emirates ($382M), and India ($448M).

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

Comparative Advantage Dominican Republic - Benin

Flow
Scale

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

During 2021, Dominican Republic had a large net trade with Benin in the exports of .

During 2017, Benin had a large net trade with Dominican Republic in the exports of Miscellaneous ($4.8k), Textiles ($3.67k), and Animal Hides ($695).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Benin+$1.93kMedical Instruments
Top Product Potential Benin Dominican Republic+$2.84kRefined 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 Benin. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Dominican Republic.

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

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