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2022
Flag → Flag
Exports $895MRnk 48 / 218
2022
Flag → Flag
Top Product $81.9MUnglazed Ceramics
2022
Flag → Flag
Exports $142MRnk 13 / 163
2022
Flag → Flag
Top Product $60.7MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Spain-Dominican Republic Trade: In 2022, Spain exported $895M to Dominican Republic. The main products that Spain exported to Dominican Republic were Unglazed Ceramics ($81.9M), Iron Structures ($28.2M), and Wine ($27M). Over the past 5 years the exports of Spain to Dominican Republic have increased at an annualized rate of 8.36%, from $599M in 2017 to $895M in 2022.

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

Dominican Republic-Spain Trade: In 2022, Dominican Republic exported $142M to Spain. The main products that Dominican Republic exported to Spain were Hard Liquor ($60.7M), Ferroalloys ($13.7M), and Medical Instruments ($13.6M). Over the past 5 years the exports of Dominican Republic to Spain have increased at an annualized rate of 2.6%,  from $125M in 2017 to $142M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €84.2M and imported €19.2M from Dominican Republic, resulting in a positive trade balance of €65.1M. Between September 2023 and September 2024 the exports of Spain have increased by €5.97M (7.63%) from €78.3M to €84.2M, while imports increased by €9.59M (100%) from €9.56M to €19.2M.

Trade In September 2024, the top exports of Spain to Dominican Republic were Iron Structures (€3.53M), Unglazed Ceramics (€2.51M), Other Edible Preparations (€2.42M), Wine (€1.73M), and Cars (€1.62M). In September 2024 the top imports of Spain from Dominican Republic were Hard Liquor (€4.6M), Medical Instruments (€1.34M), Raw Tobacco (€892k), Special Pharmaceuticals (€719k), and Cocoa Beans (€492k).

Origins In September 2024 the exports of Spain were mainly from Barcelona (€12.3M), Valencia (€9.53M), Madrid (€9.17M), Castellón (€8.17M), and Murcia (€6.23M), while imports destinations were mainly Barcelona (€6.09M), Cádiz (€3.69M), Valencia (€2.88M), Madrid (€2.45M), and Córdoba (€1.19M).

Growth In September 2024, the increase in Spain's year-by-year exports to Dominican Republic was explained primarily by an increase in product exports in Iron Structures (€3.07M or 663%), Other Edible Preparations (€1.98M or 445%), and Cars (€1.37M or 546%). In September 2024, the increase in Spain's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Hard Liquor (€1.61M or 53.9%), Cocoa Beans (€370k or 301%), and Medical Instruments (€344k or 34.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€5.97M(7.63%)
IMPORT GROWTH (September 2023 - September 2024)€9.59M(100%)
MAIN EXPORTER (September 2024)Barcelona€12.3M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Dominican Republic and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $895M to Dominican Republic. The main products exported from Spain to Dominican Republic were Unglazed Ceramics ($81.9M), Iron Structures ($28.2M), and Wine ($27M). During the last 5 years the exports of Spain to Dominican Republic have increased at an annualized rate of 8.36%, from $599M in 2017 to $895M in 2022.

In 2017, Dominican Republic exported $142M to Spain. The main products exported from Dominican Republic to Spain were Hard Liquor ($60.7M), Ferroalloys ($13.7M), and Medical Instruments ($13.6M). During the last 5 years the exports of Dominican Republic to Spain have increased at an annualized rate of 2.6%, from $125M in 2022 to $142M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Spain than Dominican Republic included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Dominican Republic than Spain included Haiti ($1.02B), Jamaica ($139M), and Guyana ($47.6M).

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

Comparative Advantage Spain - Dominican Republic

Flow
Scale

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

During 2022, Spain had a large net trade with Dominican Republic in the exports of Machines ($158M), Metals ($130M), and Stone And Glass ($122M).

During 2017, Dominican Republic had a large net trade with Spain in the exports of Foodstuffs ($86M), Metals ($16.6M), and Instruments ($15.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Dominican Republic+$18.5MRefined Petroleum
Top Product Potential Dominican Republic Spain+$16MMedical Instruments

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

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

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