2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
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2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
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About

Dominican Republic-Cuba Trade: In 2022, Dominican Republic exported $37.3M to Cuba. The main products that Dominican Republic exported to Cuba were Synthetic Rubber ($5.09M), Soybean Oil ($4.16M), and Beer ($3.49M). Over the past 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 4.59%, from $47.1M in 2017 to $37.3M in 2022.

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

Cuba-Dominican Republic Trade: In 2022, Cuba exported $5.93M to Dominican Republic. The main products that Cuba exported to Dominican Republic were N/A. Over the past 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 5.02%,  from $7.68M in 2017 to $5.93M in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $37.3M to Cuba. The main products exported from Dominican Republic to Cuba were Synthetic Rubber ($5.09M), Soybean Oil ($4.16M), and Beer ($3.49M). During the last 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 4.59%, from $47.1M in 2017 to $37.3M in 2022.

In 2017, Cuba exported $5.93M to Dominican Republic. There were not main exports from Cuba to Dominican Republic in 2017. During the last 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 5.02%, from $7.68M in 2022 to $5.93M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Dominican Republic included Portugal ($43.3M), Cyprus ($31.2M), and China ($426M).

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

Comparative Advantage Dominican Republic - Cuba

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Cuba in the exports of Foodstuffs ($8.52M), Plastics and Rubbers ($7.5M), and Textiles ($6.06M).

During 2017, Cuba had a large net trade with Dominican Republic in the exports of Foodstuffs ($3.79M), Chemical Products ($1.87M), and Animal Products ($171k).

Economic Complexity

Competitive Landscape

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

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

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