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Pricing

2022
Flag → Flag
Exports $10.6MRnk 60 / 163
2022
Flag → Flag
Top Product $3.62MMedical Instruments
2022
Flag → Flag
Exports $60.8MRnk 69 / 209
2022
Flag → Flag
Top Product $57.8MFish: dried, salted, smoked or in brine
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Dominican Republic-Norway Trade: In 2022, Dominican Republic exported $10.6M to Norway. The main products that Dominican Republic exported to Norway were Medical Instruments ($3.62M), Tropical Fruits ($1.55M), and Other Plastic Products ($1.49M). Over the past 5 years the exports of Dominican Republic to Norway have decreased at an annualized rate of 5.15%, from $13.7M in 2017 to $10.6M in 2022.

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

Norway-Dominican Republic Trade: In 2022, Norway exported $60.8M to Dominican Republic. The main products that Norway exported to Dominican Republic were Fish: dried, salted, smoked or in brine ($57.8M), Non-fillet Frozen Fish ($484k), and Fishing and Hunting Equipment ($474k). Over the past 5 years the exports of Norway to Dominican Republic have increased at an annualized rate of 2.31%,  from $53M in 2017 to $60.8M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $10.6M to Norway. The main products exported from Dominican Republic to Norway were Medical Instruments ($3.62M), Tropical Fruits ($1.55M), and Other Plastic Products ($1.49M). During the last 5 years the exports of Dominican Republic to Norway have decreased at an annualized rate of 5.15%, from $13.7M in 2017 to $10.6M in 2022.

In 2017, Norway exported $60.8M to Dominican Republic. The main products exported from Norway to Dominican Republic were Fish: dried, salted, smoked or in brine ($57.8M), Non-fillet Frozen Fish ($484k), and Fishing and Hunting Equipment ($474k). During the last 5 years the exports of Norway to Dominican Republic have increased at an annualized rate of 2.31%, from $53M in 2022 to $60.8M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Norway Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Dominican Republic than Norway included United States ($6.85B), Haiti ($1.02B), and Switzerland ($1.08B).

In 2022, countries that imported more from Norway than Dominican Republic included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Dominican Republic - Norway

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Norway in the exports of Instruments ($3.76M), Vegetable Products ($2.83M), and Plastics and Rubbers ($1.53M).

During 2017, Norway had a large net trade with Dominican Republic in the exports of Animal Products ($58.8M), Chemical Products ($579k), and Miscellaneous ($479k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Norway+$3.54MMedical Instruments
Top Product Potential Norway Dominican Republic+$418kNon-fillet Frozen Fish

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

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

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