2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Dominican Republic-Slovenia Trade: In 2022, Dominican Republic exported $2.89M to Slovenia. The main products that Dominican Republic exported to Slovenia were Medical Instruments ($1.26M), Rolled Tobacco ($466k), and Other Plastic Products ($262k). Over the past 5 years the exports of Dominican Republic to Slovenia have decreased at an annualized rate of 6.5%, from $4.05M in 2017 to $2.89M in 2022.

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

Slovenia-Dominican Republic Trade: In 2022, Slovenia exported $4.9M to Dominican Republic. The main products that Slovenia exported to Dominican Republic were Packaged Medicaments ($2.28M), Video and Card Games ($1.21M), and Other Steel Bars ($191k). Over the past 5 years the exports of Slovenia to Dominican Republic have increased at an annualized rate of 10.2%,  from $3.01M in 2017 to $4.9M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $2.89M to Slovenia. The main products exported from Dominican Republic to Slovenia were Medical Instruments ($1.26M), Rolled Tobacco ($466k), and Other Plastic Products ($262k). During the last 5 years the exports of Dominican Republic to Slovenia have decreased at an annualized rate of 6.5%, from $4.05M in 2017 to $2.89M in 2022.

In 2017, Slovenia exported $4.9M to Dominican Republic. The main products exported from Slovenia to Dominican Republic were Packaged Medicaments ($2.28M), Video and Card Games ($1.21M), and Other Steel Bars ($191k). During the last 5 years the exports of Slovenia to Dominican Republic have increased at an annualized rate of 10.2%, from $3.01M in 2022 to $4.9M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Slovenia Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Dominican Republic than Slovenia included United States ($6.85B), Haiti ($1.02B), and South Korea ($261M).

In 2022, countries that imported more from Slovenia than Dominican Republic included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Dominican Republic - Slovenia

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Slovenia in the exports of Instruments ($1.29M), Foodstuffs ($596k), and Chemical Products ($281k).

During 2017, Slovenia had a large net trade with Dominican Republic in the exports of Chemical Products ($2.29M), Miscellaneous ($1.24M), and Machines ($496k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Slovenia+$1.45MMedical Instruments
Top Product Potential Slovenia Dominican Republic+$158kRubber Tires

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

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

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