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Pricing

2022
Flag → Flag
Exports $18.2MRnk 52 / 163
2022
Flag → Flag
Top Product $3.61MRolled Tobacco
2022
Flag → Flag
Exports $73.7MRnk 68 / 198
2022
Flag → Flag
Top Product $11.3MOther Coloring Matter
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Dominican Republic-Hong Kong Trade: In 2022, Dominican Republic exported $18.2M to Hong Kong. The main products that Dominican Republic exported to Hong Kong were Rolled Tobacco ($3.61M), Broadcasting Equipment ($2.65M), and Electrical Capacitors ($2.33M). Over the past 5 years the exports of Dominican Republic to Hong Kong have decreased at an annualized rate of 2.03%, from $20.2M in 2017 to $18.2M in 2022.

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

Hong Kong-Dominican Republic Trade: In 2022, Hong Kong exported $73.7M to Dominican Republic. The main products that Hong Kong exported to Dominican Republic were Other Coloring Matter ($11.3M), Electrical Transformers ($7.56M), and Footwear Parts ($6.36M). Over the past 5 years the exports of Hong Kong to Dominican Republic have decreased at an annualized rate of 6.36%,  from $102M in 2017 to $73.7M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $18.2M to Hong Kong. The main products exported from Dominican Republic to Hong Kong were Rolled Tobacco ($3.61M), Broadcasting Equipment ($2.65M), and Electrical Capacitors ($2.33M). During the last 5 years the exports of Dominican Republic to Hong Kong have decreased at an annualized rate of 2.03%, from $20.2M in 2017 to $18.2M in 2022.

In 2017, Hong Kong exported $73.7M to Dominican Republic. The main products exported from Hong Kong to Dominican Republic were Other Coloring Matter ($11.3M), Electrical Transformers ($7.56M), and Footwear Parts ($6.36M). During the last 5 years the exports of Hong Kong to Dominican Republic have decreased at an annualized rate of 6.36%, from $102M in 2022 to $73.7M in 2017.

Exports from Dominican Republic (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Hong Kong (Flag)

Dominican Republic Exports

Hong Kong Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Dominican Republic than Hong Kong included United States ($6.85B), Haiti ($1.02B), and Jamaica ($139M).

In 2022, countries that imported more from Hong Kong than Dominican Republic included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Hong Kong

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Hong Kong in the exports of Machines ($8.22M), Foodstuffs ($3.87M), and Metals ($2.14M).

During 2017, Hong Kong had a large net trade with Dominican Republic in the exports of Machines ($27.3M), Chemical Products ($12M), and Plastics and Rubbers ($6.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Hong Kong+$4.16MTelephones
Top Product Potential Hong Kong Dominican Republic+$7.79MTelephones

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

Product Space of Dominican Republic (Flag) and Hong Kong (Flag) (2022)

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