2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Dominican Republic-Belize Trade: In 2022, Dominican Republic exported $2.53M to Belize. The main products that Dominican Republic exported to Belize were Beer ($1.06M), Self-adhesive Plastics ($441k), and Mattresses ($208k). Over the past 5 years the exports of Dominican Republic to Belize have decreased at an annualized rate of 4.53%, from $3.18M in 2017 to $2.53M in 2022.

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

Belize-Dominican Republic Trade: In 2022, Belize exported $692k to Dominican Republic. The main products that Belize exported to Dominican Republic were Citrus ($236k), Fruit Juice ($233k), and Kraft Paper ($120k). Over the past 5 years the exports of Belize to Dominican Republic have increased at an annualized rate of 6.34%,  from $479k in 2017 to $692k in 2022.

In 2022, Belize 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, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $2.53M to Belize. The main products exported from Dominican Republic to Belize were Beer ($1.06M), Self-adhesive Plastics ($441k), and Mattresses ($208k). During the last 5 years the exports of Dominican Republic to Belize have decreased at an annualized rate of 4.53%, from $3.18M in 2017 to $2.53M in 2022.

In 2017, Belize exported $692k to Dominican Republic. The main products exported from Belize to Dominican Republic were Citrus ($236k), Fruit Juice ($233k), and Kraft Paper ($120k). During the last 5 years the exports of Belize to Dominican Republic have increased at an annualized rate of 6.34%, from $479k in 2022 to $692k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Belize Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Belize
Top Destination
United States$86.5M

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

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

In 2022, countries that imported more from Belize than Dominican Republic included Hungary ($18.3M), Cote d'Ivoire ($10.4M), and Bulgaria ($2.96M).

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

Comparative Advantage Dominican Republic - Belize

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Belize in the exports of Foodstuffs ($1.18M), Plastics and Rubbers ($711k), and Miscellaneous ($247k).

During 2017, Belize had a large net trade with Dominican Republic in the exports of Foodstuffs ($249k), Vegetable Products ($236k), and Paper Goods ($120k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Belize. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Belize. Similarly, a dot/product with the flag of Belize indicates it has a comparative advantage over Dominican Republic.

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

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