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2023
Flag → Flag
Exports $9.34MRnk 59 / 166
2023
Flag → Flag
Top Product $4.16MRaw Iron Bars
2023
Flag → Flag
Exports $1.16kRnk 67 / 78
2023
Flag → Flag
Top Product $1.16kHand Tools
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 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$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Dominican Republic-Cayman Islands Trade: In 2023, Dominican Republic exported $9.34M to Cayman Islands. The main products that Dominican Republic exported to Cayman Islands were Raw Iron Bars ($4.16M), Cement ($2.8M), and Plastic Pipes ($722k). Over the past 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 22.6%, from $3.38M in 2018 to $9.34M in 2023.

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

Cayman Islands-Dominican Republic Trade: In 2023, Cayman Islands exported $1.16k to Dominican Republic. The main products that Cayman Islands exported to Dominican Republic were Hand Tools ($1.16k). Over the past 5 years the exports of Cayman Islands to Dominican Republic have increased at an annualized rate of 14.9%,  from $437 in 2018 to $1.16k in 2023.

In 2023, Cayman Islands 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, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $9.34M to Cayman Islands. The main products exported from Dominican Republic to Cayman Islands were Raw Iron Bars ($4.16M), Cement ($2.8M), and Plastic Pipes ($722k). During the last 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 22.6%, from $3.38M in 2018 to $9.34M in 2023.

In 2018, Cayman Islands exported $1.16k to Dominican Republic. The main products exported from Cayman Islands to Dominican Republic were Hand Tools ($1.16k). During the last 5 years the exports of Cayman Islands to Dominican Republic have increased at an annualized rate of 14.9%, from $437 in 2023 to $1.16k in 2018.

Exports from Dominican Republic (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Cayman Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

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

In 2023, countries that imported more from Cayman Islands than Dominican Republic included Cyprus ($172M), United Kingdom ($326M), and Grenada ($67.2M).

Difference in imports from Cayman Islands (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Cayman Islands

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Cayman Islands in the exports of Metals ($4.41M), Mineral Products ($2.8M), and Plastics and Rubbers ($882k).

During 2018, Cayman Islands had a large net trade with Dominican Republic in the exports of Metals ($1.16k).

Economic Complexity

Competitive Landscape

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

Product Space of Dominican Republic (Flag) and Cayman Islands (Flag) (2023)

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