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2020
Flag → Flag
Exports $128kRnk 12 / 0
2020
Flag → Flag
Exports $209kRnk 98 / 130
2020
Flag → Flag
Top Product $160kSpices
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

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 $209k to Dominican Republic. The main products that Iran exported to Dominican Republic were Spices ($160k), Ethylene Polymers ($48.8k), and Microphones and Headphones ($215). Over the past 5 years the exports of Iran to Dominican Republic have increased at an annualized rate of 10.2%,  from $129k in 2015 to $209k in 2020.

In 2020, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

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 2018, Iran exported $209k to Dominican Republic. The main products exported from Iran to Dominican Republic were Spices ($160k), Ethylene Polymers ($48.8k), and Microphones and Headphones ($215). During the last 5 years the exports of Iran to Dominican Republic have increased at an annualized rate of 10.2%, from $129k in 2023 to $209k in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Iran
Top DestinationChina$4.59B

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 2023, countries that imported more from Dominican Republic than Iran included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

In 2023, countries that imported more from Iran than Dominican Republic included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

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 2018, Iran had a large net trade with Dominican Republic in the exports of Vegetable Products ($160k), Plastics and Rubbers ($48.8k), and Machines ($215).

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) (2023)

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