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Pricing

2022
Flag → Flag
Exports $1.14MRnk 99 / 163
2022
Flag → Flag
Top Product $627kRolled Tobacco
2022
Flag → Flag
Exports $9.41MRnk 104 / 196
2022
Flag → Flag
Top Product $2.99MCentrifuges
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 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$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Dominican Republic-Romania Trade: In 2022, Dominican Republic exported $1.14M to Romania. The main products that Dominican Republic exported to Romania were Rolled Tobacco ($627k), Low-voltage Protection Equipment ($159k), and Hard Liquor ($158k). Over the past 5 years the exports of Dominican Republic to Romania have increased at an annualized rate of 24.5%, from $381k in 2017 to $1.14M in 2022.

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

Romania-Dominican Republic Trade: In 2022, Romania exported $9.41M to Dominican Republic. The main products that Romania exported to Dominican Republic were Centrifuges ($2.99M), Tanned Equine and Bovine Hides ($1.11M), and Coated Metal Soldering Products ($530k). Over the past 5 years the exports of Romania to Dominican Republic have increased at an annualized rate of 20.8%,  from $3.66M in 2017 to $9.41M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $1.14M to Romania. The main products exported from Dominican Republic to Romania were Rolled Tobacco ($627k), Low-voltage Protection Equipment ($159k), and Hard Liquor ($158k). During the last 5 years the exports of Dominican Republic to Romania have increased at an annualized rate of 24.5%, from $381k in 2017 to $1.14M in 2022.

In 2017, Romania exported $9.41M to Dominican Republic. The main products exported from Romania to Dominican Republic were Centrifuges ($2.99M), Tanned Equine and Bovine Hides ($1.11M), and Coated Metal Soldering Products ($530k). During the last 5 years the exports of Romania to Dominican Republic have increased at an annualized rate of 20.8%, from $3.66M in 2022 to $9.41M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Romania Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Dominican Republic than Romania included United States ($6.85B), Haiti ($1.02B), and Jamaica ($139M).

In 2022, countries that imported more from Romania than Dominican Republic included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Dominican Republic - Romania

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Romania in the exports of Foodstuffs ($823k), Machines ($225k), and Textiles ($92.1k).

During 2017, Romania had a large net trade with Dominican Republic in the exports of Machines ($3.79M), Animal Hides ($1.14M), and Metals ($1.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Romania+$909kRolled Tobacco
Top Product Potential Romania Dominican Republic+$1.36MCars

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

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

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