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2022
Flag → Flag
Exports $115MRnk 16 / 163
2022
Flag → Flag
Top Product $33.5MLow-voltage Protection Equipment
2022
Flag → Flag
Exports $851MRnk 29 / 156
2022
Flag → Flag
Top Product $92.1MSemi-Finished Iron
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 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$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Dominican Republic-Mexico Trade: In 2022, Dominican Republic exported $115M to Mexico. The main products that Dominican Republic exported to Mexico were Low-voltage Protection Equipment ($33.5M), Medical Instruments ($28.2M), and Knit T-shirts ($10.1M). Over the past 5 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 3.88%, from $95.1M in 2017 to $115M in 2022.

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

Mexico-Dominican Republic Trade: In 2022, Mexico exported $851M to Dominican Republic. The main products that Mexico exported to Dominican Republic were Semi-Finished Iron ($92.1M), Beer ($31.8M), and Delivery Trucks ($28.6M). Over the past 5 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 0.55%,  from $814M in 2017 to $851M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $115M to Mexico. The main products exported from Dominican Republic to Mexico were Low-voltage Protection Equipment ($33.5M), Medical Instruments ($28.2M), and Knit T-shirts ($10.1M). During the last 5 years the exports of Dominican Republic to Mexico have increased at an annualized rate of 3.88%, from $95.1M in 2017 to $115M in 2022.

In 2017, Mexico exported $851M to Dominican Republic. The main products exported from Mexico to Dominican Republic were Semi-Finished Iron ($92.1M), Beer ($31.8M), and Delivery Trucks ($28.6M). During the last 5 years the exports of Mexico to Dominican Republic have increased at an annualized rate of 0.55%, from $814M in 2022 to $851M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Mexico Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Dominican Republic than Mexico included Haiti ($1.02B), Turks and Caicos Islands ($24.4M), and Jamaica ($139M).

In 2022, countries that imported more from Mexico than Dominican Republic included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Dominican Republic - Mexico

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Mexico in the exports of Machines ($38.8M), Instruments ($28.3M), and Plastics and Rubbers ($13.6M).

During 2017, Mexico had a large net trade with Dominican Republic in the exports of Metals ($187M), Machines ($124M), and Foodstuffs ($110M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Mexico+$30.4MLow-voltage Protection Equipment
Top Product Potential Mexico Dominican Republic+$11.9MInsulated Wire

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

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

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