2023
Flag  
GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Dominican Republic-Iraq Trade: In 2023, Dominican Republic exported $292k to Iraq. The main products that Dominican Republic exported to Iraq were Rolled Tobacco ($262k), Non-Retail Mixed Cotton Yarn ($22.5k), and Textile Scraps ($7.48k). Over the past 6 years the exports of Dominican Republic to Iraq have increased at an annualized rate of 94.3%, from $5.42k in 2017 to $292k in 2023.

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

Iraq-Dominican Republic Trade: In 2023, Iraq exported $41 to Dominican Republic. The main products that Iraq exported to Dominican Republic were Scarves ($41). Over the past 6 years the exports of Iraq to Dominican Republic have decreased at an annualized rate of 74.1%,  from $35.4k in 2017 to $41 in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $292k to Iraq. The main products exported from Dominican Republic to Iraq were Rolled Tobacco ($262k), Non-Retail Mixed Cotton Yarn ($22.5k), and Textile Scraps ($7.48k). During the last 6 years the exports of Dominican Republic to Iraq have increased at an annualized rate of 94.3%, from $5.42k in 2017 to $292k in 2023.

In 2018, Iraq exported $41 to Dominican Republic. The main products exported from Iraq to Dominican Republic were Scarves ($41). During the last 5 years the exports of Iraq to Dominican Republic have decreased at an annualized rate of 74.1%, from $35.4k in 2023 to $41 in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$7.08B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Dominican Republic than Iraq included Switzerland ($885M), Haiti ($856M), and South Korea ($236M).

In 2023, countries that imported more from Iraq than Dominican Republic included China ($35.5B), India ($29.8B), and Greece ($5.68B).

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

Comparative Advantage Dominican Republic - Iraq

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Iraq in the exports of Foodstuffs ($262k), Textiles ($30k), and Paper Goods ($1).

During 2018, Iraq had a large net trade with Dominican Republic in the exports of Textiles ($41).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Iraq+$4.31kRolled Tobacco
Top Product Potential Iraq Dominican Republic+$8.39kCrude Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Iraq. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Iraq (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with