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Pricing

2020
Flag → Flag
Exports $128kRnk 110 / 0
2020
Flag → Flag
Exports $40.4kRnk 114 / 127
2020
Flag → Flag
Top Product $39.9kSpices
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Dominican Republic-Iran Trade: In 2020, Dominican Republic exported $128k to Iran. The main products that Dominican Republic exported to Iran were N/A. Over the past 5 years the exports of Dominican Republic to Iran have increased at an annualized rate of 17%, from $58.5k in 2015 to $128k in 2020.

In 2020, Dominican Republic did not export any services to Iran.

Iran-Dominican Republic Trade: In 2020, Iran exported $40.4k to Dominican Republic. The main products that Iran exported to Dominican Republic were Spices ($39.9k), Office Machine Parts ($232), and Non-Knit Babies' Garments ($212). Over the past 5 years the exports of Iran to Dominican Republic have decreased at an annualized rate of 10.4%,  from $69.8k in 2015 to $40.4k in 2020.

In 2020, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Dominican Republic exported $128k to Iran. There were not main exports from Dominican Republic to Iran in 2020. During the last 5 years the exports of Dominican Republic to Iran have increased at an annualized rate of 17%, from $58.5k in 2015 to $128k in 2020.

In 2017, Iran exported $40.4k to Dominican Republic. The main products exported from Iran to Dominican Republic were Spices ($39.9k), Office Machine Parts ($232), and Non-Knit Babies' Garments ($212). During the last 5 years the exports of Iran to Dominican Republic have decreased at an annualized rate of 10.4%, from $69.8k in 2022 to $40.4k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Dominican Republic included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Dominican Republic - Iran

Flow
Scale

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

During 2020, Dominican Republic had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Dominican Republic in the exports of Vegetable Products ($39.9k), Machines ($232), and Textiles ($212).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Iran+$4.2kMedical Instruments
Top Product Potential Iran Dominican Republic+$4kPetroleum Gas

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

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

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