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$
Rnk 21 / 195

About

Dominican Republic-Greenland Trade: In 2018, Dominican Republic exported $8.87k to Greenland. The main products that Dominican Republic exported to Greenland were N/A. Over the past 5 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.7%, from $343 in 2013 to $8.87k in 2018.

In 2018, Dominican Republic did not export any services to Greenland.

Greenland-Dominican Republic Trade: In 2018, Greenland exported $1.22k to Dominican Republic. The main products that Greenland exported to Dominican Republic were N/A. Over the past 5 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 36.4%,  from $259 in 2013 to $1.22k in 2018.

In 2018, Greenland 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, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Dominican Republic exported $8.87k to Greenland. There were not main exports from Dominican Republic to Greenland in 2018. During the last 5 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.7%, from $343 in 2013 to $8.87k in 2018.

In 2017, Greenland exported $1.22k to Dominican Republic. There were not main exports from Greenland to Dominican Republic in 2017. During the last 5 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 36.4%, from $259 in 2022 to $1.22k in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$7.08B
Greenland
Top Destination
Denmark$830M

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

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

In 2023, countries that imported more from Greenland than Dominican Republic included Denmark ($830M), Iceland ($38.3M), and Norway ($41.1M).

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

Comparative Advantage Dominican Republic - Greenland

Flow
Scale

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

During 2018, Dominican Republic had a large net trade with Greenland in the exports of .

During 2017, Greenland had a large net trade with Dominican Republic in the exports of .

Economic Complexity

Competitive Landscape

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

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

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