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2023
Flag → Flag
Exports $21.6MRnk 44 / 166
2023
Flag → Flag
Top Product $5.2MRaw Iron Bars
2023
Flag → Flag
Exports $5.56kRnk 63 / 92
2023
Flag → Flag
Top Product $5.37kRefrigerators
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC $10,718CURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

Dominican Republic-Turks and Caicos Islands Trade: In 2023, Dominican Republic exported $21.6M to Turks and Caicos Islands. The main products that Dominican Republic exported to Turks and Caicos Islands were Raw Iron Bars ($5.2M), Cement ($3.9M), and Cement Articles ($3.38M). Over the past 5 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 22%, from $8M in 2018 to $21.6M in 2023.

In 2023, Dominican Republic did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Dominican Republic Trade: In 2023, Turks and Caicos Islands exported $5.56k to Dominican Republic. The main products that Turks and Caicos Islands exported to Dominican Republic were Refrigerators ($5.37k) and Electric Motors ($185). Over the past 5 years the exports of Turks and Caicos Islands to Dominican Republic have decreased at an annualized rate of 20.8%,  from $17.8k in 2018 to $5.56k in 2023.

In 2023, Turks and Caicos Islands did not export any services to Dominican Republic.

Comparison In 2023,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04),  and 91 in total exports ($13.6B). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Dominican Republic exported $21.6M to Turks and Caicos Islands. The main products exported from Dominican Republic to Turks and Caicos Islands were Raw Iron Bars ($5.2M), Cement ($3.9M), and Cement Articles ($3.38M). During the last 5 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 22%, from $8M in 2018 to $21.6M in 2023.

In 2018, Turks and Caicos Islands exported $5.56k to Dominican Republic. The main products exported from Turks and Caicos Islands to Dominican Republic were Refrigerators ($5.37k) and Electric Motors ($185). During the last 5 years the exports of Turks and Caicos Islands to Dominican Republic have decreased at an annualized rate of 20.8%, from $17.8k in 2023 to $5.56k in 2018.

Exports from Dominican Republic (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Dominican Republic (Flag) (2023)

Latest Data

Trade between Dominican Republic (Flag) and Turks and Caicos Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$7.08B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

In 2023, countries that imported more from Dominican Republic than Turks and Caicos Islands included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

In 2023, countries that imported more from Turks and Caicos Islands than Dominican Republic included Gabon ($5.91M), Zimbabwe ($3.79M), and Mauritania ($502k).

Difference in imports from Turks and Caicos Islands (Flag) and Dominican Republic (Flag) (2023)

Comparative Advantage Dominican Republic - Turks and Caicos Islands

Flow
Scale

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

During 2023, Dominican Republic had a large net trade with Turks and Caicos Islands in the exports of Metals ($6.23M), Mineral Products ($4.96M), and Stone And Glass ($3.87M).

During 2018, Turks and Caicos Islands had a large net trade with Dominican Republic in the exports of Machines ($5.56k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Turks and Caicos Islands. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Turks and Caicos Islands. Similarly, a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Turks and Caicos Islands (Flag) (2023)

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