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2023
Flag → Flag
Exports $17.2MRnk 51 / 166
2023
Flag → Flag
Top Product $5.19MBananas
2023
Flag → Flag
Exports $55.4MRnk 80 / 211
2023
Flag → Flag
Top Product $16.3MConcentrated Milk
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195

About

Dominican Republic-Ireland Trade: In 2023, Dominican Republic exported $17.2M to Ireland. The main products that Dominican Republic exported to Ireland were Bananas ($5.19M), Medical Instruments ($4.95M), and Bandages ($1.1M). Over the past 5 years the exports of Dominican Republic to Ireland have increased at an annualized rate of 1.69%, from $15.8M in 2018 to $17.2M in 2023.

In 2023, Dominican Republic did not export any services to Ireland.

Ireland-Dominican Republic Trade: In 2023, Ireland exported $55.4M to Dominican Republic. The main products that Ireland exported to Dominican Republic were Concentrated Milk ($16.3M), Packaged Medicaments ($14.8M), and Malt Extract ($10M). Over the past 5 years the exports of Ireland to Dominican Republic have increased at an annualized rate of 14.2%,  from $28.6M in 2018 to $55.4M in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $17.2M to Ireland. The main products exported from Dominican Republic to Ireland were Bananas ($5.19M), Medical Instruments ($4.95M), and Bandages ($1.1M). During the last 5 years the exports of Dominican Republic to Ireland have increased at an annualized rate of 1.69%, from $15.8M in 2018 to $17.2M in 2023.

In 2018, Ireland exported $55.4M to Dominican Republic. The main products exported from Ireland to Dominican Republic were Concentrated Milk ($16.3M), Packaged Medicaments ($14.8M), and Malt Extract ($10M). During the last 5 years the exports of Ireland to Dominican Republic have increased at an annualized rate of 14.2%, from $28.6M in 2023 to $55.4M in 2018.

Exports from Dominican Republic (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Dominican Republic (Flag) (2023)

Latest Data

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

Dominican Republic Exports

Ireland Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Ireland
Top DestinationUnited States$67.4B

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 2023, countries that imported more from Dominican Republic than Ireland included Haiti ($856M), Jamaica ($115M), and Guyana ($72.5M).

In 2023, countries that imported more from Ireland than Dominican Republic included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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 2023, Dominican Republic had a large net trade with Ireland in the exports of Vegetable Products ($5.3M), Instruments ($5.03M), and Chemical Products ($1.88M).

During 2018, Ireland had a large net trade with Dominican Republic in the exports of Animal Products ($16.4M), Chemical Products ($16.2M), and Foodstuffs ($12.8M).

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) (2023)

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