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Pricing

2022
Flag → Flag
Exports $20.3MRnk 47 / 163
2022
Flag → Flag
Top Product $11.4MBananas
2022
Flag → Flag
Exports $35MRnk 94 / 210
2022
Flag → Flag
Top Product $7.81MMalt Extract
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 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$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Dominican Republic-Ireland Trade: In 2022, Dominican Republic exported $20.3M to Ireland. The main products that Dominican Republic exported to Ireland were Bananas ($11.4M), Medical Instruments ($1.9M), and Other Footwear ($1.11M). Over the past 5 years the exports of Dominican Republic to Ireland have increased at an annualized rate of 10.3%, from $12.4M in 2017 to $20.3M in 2022.

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

Ireland-Dominican Republic Trade: In 2022, Ireland exported $35M to Dominican Republic. The main products that Ireland exported to Dominican Republic were Malt Extract ($7.81M), Concentrated Milk ($6.79M), and Packaged Medicaments ($5.61M). Over the past 5 years the exports of Ireland to Dominican Republic have increased at an annualized rate of 12.7%,  from $19.2M in 2017 to $35M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $20.3M to Ireland. The main products exported from Dominican Republic to Ireland were Bananas ($11.4M), Medical Instruments ($1.9M), and Other Footwear ($1.11M). During the last 5 years the exports of Dominican Republic to Ireland have increased at an annualized rate of 10.3%, from $12.4M in 2017 to $20.3M in 2022.

In 2017, Ireland exported $35M to Dominican Republic. The main products exported from Ireland to Dominican Republic were Malt Extract ($7.81M), Concentrated Milk ($6.79M), and Packaged Medicaments ($5.61M). During the last 5 years the exports of Ireland to Dominican Republic have increased at an annualized rate of 12.7%, from $19.2M in 2022 to $35M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Ireland Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Dominican Republic than Ireland included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

In 2022, countries that imported more from Ireland than Dominican Republic included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Dominican Republic - Ireland

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Ireland in the exports of Vegetable Products ($11.5M), Instruments ($2.31M), and Chemical Products ($1.63M).

During 2017, Ireland had a large net trade with Dominican Republic in the exports of Foodstuffs ($10M), Animal Products ($7.3M), and Chemical Products ($6.63M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Ireland+$5.78MMedical Instruments
Top Product Potential Ireland Dominican Republic+$2.89MMedical Instruments

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

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

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