2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Dominican Republic-Guyana Trade: In 2022, Dominican Republic exported $47.6M to Guyana. The main products that Dominican Republic exported to Guyana were Mixed Mineral or Chemical Fertilizers ($15.9M), Raw Iron Bars ($7.46M), and Cement ($3.54M). Over the past 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 21.6%, from $17.9M in 2017 to $47.6M in 2022.

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

Guyana-Dominican Republic Trade: In 2022, Guyana exported $13.4M to Dominican Republic. The main products that Guyana exported to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($11.1M), Sand ($1.97M), and Mattresses ($157k). Over the past 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 0.97%,  from $11.5M in 2017 to $13.4M in 2022.

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $47.6M to Guyana. The main products exported from Dominican Republic to Guyana were Mixed Mineral or Chemical Fertilizers ($15.9M), Raw Iron Bars ($7.46M), and Cement ($3.54M). During the last 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 21.6%, from $17.9M in 2017 to $47.6M in 2022.

In 2017, Guyana exported $13.4M to Dominican Republic. The main products exported from Guyana to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($11.1M), Sand ($1.97M), and Mattresses ($157k). During the last 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 0.97%, from $11.5M in 2022 to $13.4M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Guyana Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Guyana
Top Destination
Panama$5.84B

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

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

In 2022, countries that imported more from Guyana than Dominican Republic included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

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

Comparative Advantage Dominican Republic - Guyana

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Guyana in the exports of Chemical Products ($20.1M), Metals ($8.27M), and Plastics and Rubbers ($7.56M).

During 2017, Guyana had a large net trade with Dominican Republic in the exports of Vegetable Products ($11.1M), Mineral Products ($1.97M), and Miscellaneous ($199k).

Economic Complexity

Competitive Landscape

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

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

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