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2022
Flag → Flag
Exports $63.8MRnk 23 / 163
2022
Flag → Flag
Top Product $22.1MMedical Instruments
2022
Flag → Flag
Exports $23.4MRnk 122 / 215
2022
Flag → Flag
Top Product $3.42MOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Dominican Republic-Singapore Trade: In 2022, Dominican Republic exported $63.8M to Singapore. The main products that Dominican Republic exported to Singapore were Medical Instruments ($22.1M), Other Plastic Products ($8.83M), and Bandages ($7.46M). Over the past 5 years the exports of Dominican Republic to Singapore have increased at an annualized rate of 9.93%, from $39.7M in 2017 to $63.8M in 2022.

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

Singapore-Dominican Republic Trade: In 2022, Singapore exported $23.4M to Dominican Republic. The main products that Singapore exported to Dominican Republic were Other Plastic Products ($3.42M), Polyacetals ($2.52M), and Medical Instruments ($2.31M). Over the past 5 years the exports of Singapore to Dominican Republic have increased at an annualized rate of 1.98%,  from $21.2M in 2017 to $23.4M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $63.8M to Singapore. The main products exported from Dominican Republic to Singapore were Medical Instruments ($22.1M), Other Plastic Products ($8.83M), and Bandages ($7.46M). During the last 5 years the exports of Dominican Republic to Singapore have increased at an annualized rate of 9.93%, from $39.7M in 2017 to $63.8M in 2022.

In 2017, Singapore exported $23.4M to Dominican Republic. The main products exported from Singapore to Dominican Republic were Other Plastic Products ($3.42M), Polyacetals ($2.52M), and Medical Instruments ($2.31M). During the last 5 years the exports of Singapore to Dominican Republic have increased at an annualized rate of 1.98%, from $21.2M in 2022 to $23.4M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Singapore Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Dominican Republic than Singapore included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

In 2022, countries that imported more from Singapore than Dominican Republic included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Dominican Republic - Singapore

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Singapore in the exports of Instruments ($26.4M), Machines ($9.68M), and Plastics and Rubbers ($8.92M).

During 2017, Singapore had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($8.81M), Instruments ($4.04M), and Machines ($3.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Singapore+$12MMedical Instruments
Top Product Potential Singapore Dominican Republic+$2.21MRefined 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 Singapore. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Dominican Republic.

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

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