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2022
Flag → Flag
Exports $25.7kRnk 101 / 0
2022
Flag → Flag
Exports $259Rnk 103 / 112
2022
Flag → Flag
Top Product $259Transmissions
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 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$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Dominican Republic-Liberia Trade: In 2022, Dominican Republic exported $25.7k to Liberia. The main products that Dominican Republic exported to Liberia were N/A. Over the past 5 years the exports of Dominican Republic to Liberia have decreased at an annualized rate of 14.9%, from $57.7k in 2017 to $25.7k in 2022.

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

Liberia-Dominican Republic Trade: In 2022, Liberia exported $259 to Dominican Republic. The main products that Liberia exported to Dominican Republic were Transmissions ($259). Over the past 5 years the exports of Liberia to Dominican Republic have decreased at an annualized rate of 52.2%,  from $10.4k in 2017 to $259 in 2022.

In 2022, Liberia 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, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $25.7k to Liberia. There were not main exports from Dominican Republic to Liberia in 2022. During the last 5 years the exports of Dominican Republic to Liberia have decreased at an annualized rate of 14.9%, from $57.7k in 2017 to $25.7k in 2022.

In 2018, Liberia exported $259 to Dominican Republic. The main products exported from Liberia to Dominican Republic were Transmissions ($259). During the last 5 years the exports of Liberia to Dominican Republic have decreased at an annualized rate of 52.2%, from $10.4k in 2023 to $259 in 2018.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Dominican Republic than Liberia included United States ($7.08B), Haiti ($856M), and China ($636M).

In 2023, countries that imported more from Liberia than Dominican Republic included France ($197M), United Kingdom ($306M), and Lebanon ($105M).

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

Comparative Advantage Dominican Republic - Liberia

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Liberia in the exports of N/A.

During 2018, Liberia had a large net trade with Dominican Republic in the exports of Machines ($259).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Liberia+$1.99kRefined Petroleum
Top Product Potential Liberia Dominican Republic+$3.16kRefined 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.

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

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

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