2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

In N/A, Dominican Republic did not export any services to Palau.

Palau-Dominican Republic Trade: In N/A, Palau exported $2.45k to Dominican Republic. The main products that Palau exported to Dominican Republic were Wrenches ($2.45k). Over the past N/A years the exports of Palau to Dominican Republic have decreased at an annualized rate of 5.08%,  from $3.18k in N/A to $2.45k in N/A.

In N/A, Palau 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, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Dominican Republic does not register exports to Palau.

In 2017, Palau exported $2.45k to Dominican Republic. The main products exported from Palau to Dominican Republic were Wrenches ($2.45k). During the last 5 years the exports of Palau to Dominican Republic have decreased at an annualized rate of 5.08%, from $3.18k in 2022 to $2.45k in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Palau
Top Destination
Greece$2.11M

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

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

In 2022, countries that imported more from Palau than Dominican Republic included Montenegro ($846).

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

Comparative Advantage Dominican Republic - Palau

Flow
Scale

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

During 2017, Palau had a large net trade with Dominican Republic in the exports of Metals ($2.45k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Palau+N/AN/A
Top Product Potential Palau Dominican Republic+N/AN/A

N/A

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

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

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