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Pricing

2022
Flag → Flag
Exports $5.5kRnk 159 / 163
2022
Flag → Flag
Top Product $5.5kBroadcasting Equipment
2022
Flag → Flag
Exports $952Rnk 89 / 105
2022
Flag → Flag
Top Product $506Non-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 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$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Dominican Republic-Guinea Trade: In 2022, Dominican Republic exported $5.5k to Guinea. The main products that Dominican Republic exported to Guinea were Broadcasting Equipment ($5.5k). 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 Trade: In 2022, Guinea exported $952 to Dominican Republic. The main products that Guinea exported to Dominican Republic were Non-Knit Women's Suits ($506), Knit Sweaters ($290), and Other Non-Knit Clothing Accessories ($156). Over the past 8 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 0.8%,  from $991 in 2014 to $952 in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $5.5k to Guinea. The main products exported from Dominican Republic to Guinea were Broadcasting Equipment ($5.5k). 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.

In 2017, Guinea exported $952 to Dominican Republic. The main products exported from Guinea to Dominican Republic were Non-Knit Women's Suits ($506), Knit Sweaters ($290), and Other Non-Knit Clothing Accessories ($156). During the last 5 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 0.8%, from $991 in 2022 to $952 in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Guinea than Dominican Republic included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

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

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 Machines ($5.5k).

During 2017, Guinea had a large net trade with Dominican Republic in the exports of Textiles ($952).

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) (2022)

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