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Pricing

2022
Flag → Flag
Exports $63.1MRnk 24 / 163
2022
Flag → Flag
Top Product $6.84MFlavored Water
2022
Flag → Flag
Exports $119MRnk 23 / 149
2022
Flag → Flag
Top Product $38.9MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Dominican Republic-Trinidad and Tobago Trade: In 2022, Dominican Republic exported $63.1M to Trinidad and Tobago. The main products that Dominican Republic exported to Trinidad and Tobago were Flavored Water ($6.84M), Plastic Lids ($6.06M), and Plastic Housewares ($5.94M). Over the past 5 years the exports of Dominican Republic to Trinidad and Tobago have increased at an annualized rate of 11.3%, from $36.9M in 2017 to $63.1M in 2022.

In 2022, Dominican Republic did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Dominican Republic Trade: In 2022, Trinidad and Tobago exported $119M to Dominican Republic. The main products that Trinidad and Tobago exported to Dominican Republic were Coal Briquettes ($38.9M), Nitrogenous Fertilizers ($34.4M), and Prepared Cereals ($11.5M). Over the past 5 years the exports of Trinidad and Tobago to Dominican Republic have increased at an annualized rate of 1.66%,  from $109M in 2017 to $119M in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $63.1M to Trinidad and Tobago. The main products exported from Dominican Republic to Trinidad and Tobago were Flavored Water ($6.84M), Plastic Lids ($6.06M), and Plastic Housewares ($5.94M). During the last 5 years the exports of Dominican Republic to Trinidad and Tobago have increased at an annualized rate of 11.3%, from $36.9M in 2017 to $63.1M in 2022.

In 2017, Trinidad and Tobago exported $119M to Dominican Republic. The main products exported from Trinidad and Tobago to Dominican Republic were Coal Briquettes ($38.9M), Nitrogenous Fertilizers ($34.4M), and Prepared Cereals ($11.5M). During the last 5 years the exports of Trinidad and Tobago to Dominican Republic have increased at an annualized rate of 1.66%, from $109M in 2022 to $119M in 2017.

Exports from Dominican Republic (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Trinidad and Tobago (Flag)

Dominican Republic Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

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

In 2022, countries that imported more from Trinidad and Tobago than Dominican Republic included Belgium ($894M), Morocco ($740M), and Brazil ($497M).

Difference in imports from Trinidad and Tobago (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Trinidad and Tobago

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Trinidad and Tobago in the exports of Plastics and Rubbers ($20.1M), Foodstuffs ($19.3M), and Vegetable Products ($7.47M).

During 2017, Trinidad and Tobago had a large net trade with Dominican Republic in the exports of Mineral Products ($49.7M), Chemical Products ($37.2M), and Foodstuffs ($13.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Trinidad and Tobago+$2.19kMedical Instruments
Top Product Potential Trinidad and Tobago Dominican Republic+$5.53kPetroleum Gas

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

Product Space of Dominican Republic (Flag) and Trinidad and Tobago (Flag) (2022)

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