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Pricing

2022
Flag → Flag
Exports $9.14MRnk 61 / 163
2022
Flag → Flag
Top Product $5MCopper Ore
2022
Flag → Flag
Exports $72.4MRnk 104 / 218
2022
Flag → Flag
Top Product $13MInsulated Wire
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Dominican Republic-Malaysia Trade: In 2022, Dominican Republic exported $9.14M to Malaysia. The main products that Dominican Republic exported to Malaysia were Copper Ore ($5M), Scrap Copper ($814k), and Cocoa Beans ($784k). Over the past 5 years the exports of Dominican Republic to Malaysia have increased at an annualized rate of 7.87%, from $6.25M in 2017 to $9.14M in 2022.

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

Malaysia-Dominican Republic Trade: In 2022, Malaysia exported $72.4M to Dominican Republic. The main products that Malaysia exported to Dominican Republic were Insulated Wire ($13M), Petroleum Jelly ($10.2M), and Raw Aluminium ($4.15M). Over the past 5 years the exports of Malaysia to Dominican Republic have increased at an annualized rate of 1.81%,  from $58.4M in 2017 to $72.4M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $9.14M to Malaysia. The main products exported from Dominican Republic to Malaysia were Copper Ore ($5M), Scrap Copper ($814k), and Cocoa Beans ($784k). During the last 5 years the exports of Dominican Republic to Malaysia have increased at an annualized rate of 7.87%, from $6.25M in 2017 to $9.14M in 2022.

In 2017, Malaysia exported $72.4M to Dominican Republic. The main products exported from Malaysia to Dominican Republic were Insulated Wire ($13M), Petroleum Jelly ($10.2M), and Raw Aluminium ($4.15M). During the last 5 years the exports of Malaysia to Dominican Republic have increased at an annualized rate of 1.81%, from $58.4M in 2022 to $72.4M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Malaysia Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Dominican Republic than Malaysia included Haiti ($1.02B), Switzerland ($1.08B), and Jamaica ($139M).

In 2022, countries that imported more from Malaysia than Dominican Republic included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Dominican Republic - Malaysia

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Malaysia in the exports of Mineral Products ($5M), Metals ($1.52M), and Foodstuffs ($884k).

During 2017, Malaysia had a large net trade with Dominican Republic in the exports of Machines ($25.9M), Mineral Products ($10.2M), and Miscellaneous ($8.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Malaysia+$1.1MCocoa Beans
Top Product Potential Malaysia Dominican Republic+$2.45MOther Furniture

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

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

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