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Pricing

2022
Flag → Flag
Exports $19.6MRnk 49 / 163
2022
Flag → Flag
Top Product $4.45MPackaged Medicaments
2022
Flag → Flag
Exports $141MRnk 30 / 180
2022
Flag → Flag
Top Product $17.4MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 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$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Dominican Republic-Peru Trade: In 2022, Dominican Republic exported $19.6M to Peru. The main products that Dominican Republic exported to Peru were Packaged Medicaments ($4.45M), Recovered Paper ($3.12M), and Other Processed Fruits and Nuts ($2.5M). Over the past 5 years the exports of Dominican Republic to Peru have increased at an annualized rate of 9.15%, from $12.7M in 2017 to $19.6M in 2022.

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

Peru-Dominican Republic Trade: In 2022, Peru exported $141M to Dominican Republic. The main products that Peru exported to Dominican Republic were Sawn Wood ($17.4M), Baked Goods ($15.9M), and Glass Bottles ($11.2M). Over the past 5 years the exports of Peru to Dominican Republic have increased at an annualized rate of 5.46%,  from $108M in 2017 to $141M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $19.6M to Peru. The main products exported from Dominican Republic to Peru were Packaged Medicaments ($4.45M), Recovered Paper ($3.12M), and Other Processed Fruits and Nuts ($2.5M). During the last 5 years the exports of Dominican Republic to Peru have increased at an annualized rate of 9.15%, from $12.7M in 2017 to $19.6M in 2022.

In 2017, Peru exported $141M to Dominican Republic. The main products exported from Peru to Dominican Republic were Sawn Wood ($17.4M), Baked Goods ($15.9M), and Glass Bottles ($11.2M). During the last 5 years the exports of Peru to Dominican Republic have increased at an annualized rate of 5.46%, from $108M in 2022 to $141M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Peru Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Dominican Republic than Peru included Haiti ($1.02B), Jamaica ($139M), and Guyana ($47.6M).

In 2022, countries that imported more from Peru than Dominican Republic included China ($17.6B), Japan ($2.83B), and Canada ($2.69B).

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

Comparative Advantage Dominican Republic - Peru

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Peru in the exports of Foodstuffs ($5.6M), Chemical Products ($5.16M), and Paper Goods ($3.38M).

During 2017, Peru had a large net trade with Dominican Republic in the exports of Foodstuffs ($30M), Wood Products ($19.9M), and Stone And Glass ($14.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Peru+$1.72MMedical Instruments
Top Product Potential Peru Dominican Republic+$8.75MRefined 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 Peru. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Dominican Republic.

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

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