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2022
Flag → Flag
Exports $6.85BRnk 1 / 163
2022
Flag → Flag
Top Product $1.18BMedical Instruments
2022
Flag → Flag
Exports $13.7BRnk 28 / 219
2022
Flag → Flag
Top Product $2.42BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Dominican Republic-United States Trade: In 2022, Dominican Republic exported $6.85B to United States. The main products that Dominican Republic exported to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). Over the past 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 6.67%, from $4.96B in 2017 to $6.85B in 2022.

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

United States-Dominican Republic Trade: In 2022, United States exported $13.7B to Dominican Republic. The main products that United States exported to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). Over the past 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%,  from $7.88B in 2017 to $13.7B in 2022.

In 2017, United States exported services to Dominican Republic worth $2.38B, with Transportation ($930M), Travel ($918M), and Financial services ($198M) being the largest in terms of value.

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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $6.85B to United States. The main products exported from Dominican Republic to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). During the last 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 6.67%, from $4.96B in 2017 to $6.85B in 2022.

In 2017, United States exported $13.7B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). During the last 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2022 to $13.7B in 2017.

Exports from Dominican Republic (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and United States (Flag)

Dominican Republic Exports

United States Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Dominican Republic than United States included Saint Barthélemy ($260k).

In 2022, countries that imported more from United States than Dominican Republic included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - United States

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with United States in the exports of Foodstuffs ($1.49B), Instruments ($1.26B), and Machines ($1.16B).

During 2017, United States had a large net trade with Dominican Republic in the exports of Mineral Products ($4.77B), Machines ($1.56B), and Transportation ($959M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic United States+$75.7MGold
Top Product Potential United States Dominican Republic+$23.8MCoal Briquettes

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

Product Space of Dominican Republic (Flag) and United States (Flag) (2022)

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