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2022
Flag → Flag
Exports $5.5kRnk 118 / 0
2022
Flag → Flag
Exports $420Rnk 95 / 109
2022
Flag → Flag
Top Product $270Rubber Belting
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 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$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Dominican Republic-Guinea Trade: In 2022, Dominican Republic exported $5.5k to Guinea. The main products that Dominican Republic exported to Guinea were N/A. Over the past 8 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 21.5%, from $38k in 2014 to $5.5k in 2022.

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

Guinea-Dominican Republic In N/A, Guinea did not export any products to Dominican Republic.

In 2022, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $5.5k to Guinea. There were not main exports from Dominican Republic to Guinea in 2022. During the last 8 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 21.5%, from $38k in 2014 to $5.5k in 2022.

Guinea does not register exports to Dominican Republic. The main products exported from Guinea to Dominican Republic were Rubber Belting ($270).

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Dominican Republic included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Dominican Republic - Guinea

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Guinea+$2.54kRolled Tobacco
Top Product Potential Guinea Dominican Republic+$4.08kGold

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

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

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