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Pricing

2022
Flag → Flag
Exports $22.2MRnk 45 / 163
2022
Flag → Flag
Top Product $4.78MHard Liquor
2022
Flag → Flag
Exports $192MRnk 38 / 185
2022
Flag → Flag
Top Product $33.9MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Dominican Republic-Chile Trade: In 2022, Dominican Republic exported $22.2M to Chile. The main products that Dominican Republic exported to Chile were Hard Liquor ($4.78M), Medical Instruments ($3.23M), and Other Plastic Products ($2.6M). Over the past 5 years the exports of Dominican Republic to Chile have increased at an annualized rate of 2.69%, from $19.4M in 2017 to $22.2M in 2022.

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

Chile-Dominican Republic Trade: In 2022, Chile exported $192M to Dominican Republic. The main products that Chile exported to Dominican Republic were Petroleum Gas ($33.9M), Cars ($28.7M), and Fish Fillets ($8.05M). Over the past 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 14.2%,  from $99M in 2017 to $192M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $22.2M to Chile. The main products exported from Dominican Republic to Chile were Hard Liquor ($4.78M), Medical Instruments ($3.23M), and Other Plastic Products ($2.6M). During the last 5 years the exports of Dominican Republic to Chile have increased at an annualized rate of 2.69%, from $19.4M in 2017 to $22.2M in 2022.

In 2017, Chile exported $192M to Dominican Republic. The main products exported from Chile to Dominican Republic were Petroleum Gas ($33.9M), Cars ($28.7M), and Fish Fillets ($8.05M). During the last 5 years the exports of Chile to Dominican Republic have increased at an annualized rate of 14.2%, from $99M in 2022 to $192M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Chile Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Chile
Top DestinationChina$38.5B

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 2022, countries that imported more from Dominican Republic than Chile included Haiti ($1.02B), Switzerland ($1.08B), and Jamaica ($139M).

In 2022, countries that imported more from Chile than Dominican Republic included China ($38.5B), Japan ($7.43B), and United States ($13.9B).

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

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 2022, Dominican Republic had a large net trade with Chile in the exports of Foodstuffs ($8.09M), Instruments ($3.36M), and Chemical Products ($3.24M).

During 2017, Chile had a large net trade with Dominican Republic in the exports of Mineral Products ($34.1M), Transportation ($33.5M), and Paper Goods ($28.7M).

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) (2022)

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