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2023
Flag → Flag
Exports $21.1MRnk 46 / 166
2023
Flag → Flag
Top Product $3.88MHard Liquor
2023
Flag → Flag
Exports $181MRnk 38 / 183
2023
Flag → Flag
Top Product $33.3MSemi-Finished Iron
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Dominican Republic-Chile Trade: In 2023, Dominican Republic exported $21.1M to Chile. The main products that Dominican Republic exported to Chile were Hard Liquor ($3.88M), Other Plastic Products ($2.6M), and Textile Scraps ($2.17M). Over the past 5 years the exports of Dominican Republic to Chile have decreased at an annualized rate of 3.38%, from $25.1M in 2018 to $21.1M in 2023.

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

Chile-Dominican Republic Trade: In 2023, Chile exported $181M to Dominican Republic. The main products that Chile exported to Dominican Republic were Semi-Finished Iron ($33.3M), Cars ($19.8M), and Processed Cereals ($11.3M). Over the past 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 12.9%,  from $98.6M in 2018 to $181M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $21.1M to Chile. The main products exported from Dominican Republic to Chile were Hard Liquor ($3.88M), Other Plastic Products ($2.6M), and Textile Scraps ($2.17M). During the last 5 years the exports of Dominican Republic to Chile have decreased at an annualized rate of 3.38%, from $25.1M in 2018 to $21.1M in 2023.

In 2018, Chile exported $181M to Dominican Republic. The main products exported from Chile to Dominican Republic were Semi-Finished Iron ($33.3M), Cars ($19.8M), and Processed Cereals ($11.3M). During the last 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 12.9%, from $98.6M in 2023 to $181M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Chile Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Dominican Republic than Chile included Haiti ($856M), Switzerland ($885M), and Jamaica ($115M).

In 2023, countries that imported more from Chile than Dominican Republic included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Dominican Republic - Chile

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Chile in the exports of Foodstuffs ($7.25M), Textiles ($4.02M), and Chemical Products ($2.86M).

During 2018, Chile had a large net trade with Dominican Republic in the exports of Metals ($35M), Vegetable Products ($29.5M), and Paper Goods ($24.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Chile+$4.27MMedical Instruments
Top Product Potential Chile Dominican Republic+$1.88MFish Fillets

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

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

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