2023
Flag  
GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
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About

Dominican Republic-Cuba Trade: In 2023, Dominican Republic exported $49.9M to Cuba. The main products that Dominican Republic exported to Cuba were Raw Tobacco ($7M), Soybean Oil ($5.35M), and Beer ($4.1M). Over the past 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 2.55%, from $56.8M in 2018 to $49.9M in 2023.

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

Cuba-Dominican Republic Trade: In 2023, Cuba exported $6.77M to Dominican Republic. The main products that Cuba exported to Dominican Republic were Raw Tobacco ($4.2M), Packaged Medicaments ($1.61M), and Beer ($204k). Over the past 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 13.7%,  from $14.1M in 2018 to $6.77M in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $49.9M to Cuba. The main products exported from Dominican Republic to Cuba were Raw Tobacco ($7M), Soybean Oil ($5.35M), and Beer ($4.1M). During the last 5 years the exports of Dominican Republic to Cuba have decreased at an annualized rate of 2.55%, from $56.8M in 2018 to $49.9M in 2023.

In 2018, Cuba exported $6.77M to Dominican Republic. The main products exported from Cuba to Dominican Republic were Raw Tobacco ($4.2M), Packaged Medicaments ($1.61M), and Beer ($204k). During the last 5 years the exports of Cuba to Dominican Republic have decreased at an annualized rate of 13.7%, from $14.1M in 2023 to $6.77M in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$7.08B
Cuba
Top Destination
China$358M

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 2023, countries that imported more from Dominican Republic than Cuba included United States ($7.08B), Haiti ($856M), and Switzerland ($885M).

In 2023, countries that imported more from Cuba than Dominican Republic included Cyprus ($42.5M), Macau ($29.2M), and Hong Kong ($43.7M).

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

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 2023, Dominican Republic had a large net trade with Cuba in the exports of Foodstuffs ($21.9M), Animal and Vegetable Bi-Products ($6.06M), and Chemical Products ($5.07M).

During 2018, Cuba had a large net trade with Dominican Republic in the exports of Foodstuffs ($4.47M), Chemical Products ($1.96M), and Animal Products ($209k).

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) (2023)

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