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Pricing

2022
Flag → Flag
Exports $54.6MRnk 27 / 163
2022
Flag → Flag
Top Product $19.1MRaw Tobacco
2022
Flag → Flag
Exports $140MRnk 12 / 124
2022
Flag → Flag
Top Product $28.2MScented Mixtures
2022
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 86 / 124
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 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$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Dominican Republic-Honduras In 2022, Dominican Republic exported $54.6M to Honduras. The main products that Dominican Republic exported to Honduras are Raw Tobacco ($19.1M), Packaged Medicaments ($9.45M), and Scrap Plastic ($4.52M). During the last 27 years the exports of Dominican Republic to Honduras have increased at an annualized rate of 9.65%, from $4.54M in 1995 to $54.6M in 2022.

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

Honduras-Dominican Republic In 2022, Honduras exported $140M to Dominican Republic. The main products that Honduras exported to Dominican Republic were Scented Mixtures ($28.2M), Raw Tobacco ($22.6M), and Prepared Cereals ($15.8M). During the last 27 years the exports of Honduras to Dominican Republic have increased at an annualized rate of 19.8%, from $1.06M in 1995 to $140M in 2022.

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

Comparison In 2022,  Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B). That same year, Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $54.6M to Honduras. The main products exported from Dominican Republic to Honduras were Raw Tobacco ($19.1M), Packaged Medicaments ($9.45M), and Scrap Plastic ($4.52M). During the last 27 years the exports of Dominican Republic to Honduras have increased at an annualized rate of 9.65%, from $4.54M in 1995 to $54.6M in 2022.

In 2022, Honduras exported $140M to Dominican Republic. The main products exported from Honduras to Dominican Republic were Scented Mixtures ($28.2M), Raw Tobacco ($22.6M), and Prepared Cereals ($15.8M). During the last 27 years the exports of Honduras to Dominican Republic have increased at an annualized rate of 19.8%, from $1.06M in 1995 to $140M in 2022.

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

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

Latest Data

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

Dominican Republic Exports

Honduras Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Honduras
Top DestinationUnited States$6.31B

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

In 2021, countries that imported more from Dominican Republic than Honduras were Switzerland ($1.08B), Haiti ($1.02B), and United States ($6.85B).

In 2021, countries that imported more from Honduras than Dominican Republic were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Dominican Republic - Honduras

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Honduras in the exports of Foodstuffs ($20.9M), Chemical Products ($10.7M), and Plastics and Rubbers ($8.32M).

During 2022, Honduras had a large net trade with Dominican Republic in the exports of Foodstuffs ($57.3M), Chemical Products ($39.7M), and Textiles ($18.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Dominican Republic has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Dominican Republic.

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

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