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2023
Flag → Flag
Exports $262MRnk 83 / 223
2023
Flag → Flag
Top Product $104MHard Liquor
2023
Flag → Flag
Exports $195MRnk 10 / 166
2023
Flag → Flag
Top Product $67.7MBananas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

United Kingdom-Dominican Republic Trade: In 2023, United Kingdom exported $262M to Dominican Republic. The main products that United Kingdom exported to Dominican Republic were Hard Liquor ($104M), Cars ($33M), and Glass Bottles ($11.3M). Over the past 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 9.72%, from $165M in 2018 to $262M in 2023.

In 2023, United Kingdom did not export any services to Dominican Republic.

Dominican Republic-United Kingdom Trade: In 2023, Dominican Republic exported $195M to United Kingdom. The main products that Dominican Republic exported to United Kingdom were Bananas ($67.7M), Medical Instruments ($34.3M), and Hard Liquor ($15.7M). Over the past 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 6.22%,  from $145M in 2018 to $195M in 2023.

In 2023, Dominican Republic did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £14.7M and imported £6.42M from Dominican Republic, resulting in a positive trade balance of £8.3M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £5.34M (56.9%) from £9.38M to £14.7M, while imports increased by £313k (5.13%) from £6.11M to £6.42M.

Trade In November 2024, the top exports of United Kingdom to Dominican Republic were Hard Liquor (£4.8M), Cars (£713k), Electric Generating Sets (£712k), Bandages (£675k), and Plastic Lids (£471k). In November 2024 the top imports of United Kingdom from Dominican Republic were Bananas (£4.86M), Brooms (£592k), Tropical Fruits (£336k), Special Pharmaceuticals (£321k), and Artistry Paints (£146k).

Origins In November 2024 the exports of United Kingdom were mainly from London Gateway (£4.19M), London Heathrow Airport (£786k), East Midlands Airport (£437k), London Stansted Airport (£300k), and Portsmouth (£224k), while imports destinations were mainly London Gateway (£2.72M), Portsmouth (£2.49M), Aberdeen Airport (£329k), and London Heathrow Airport (£205k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Dominican Republic was explained primarily by an increase in product exports in Hard Liquor (£2.94M or 158%), Electric Generating Sets (£603k or 554%), and Other Measuring Instruments (£128k or 7.71k%). In November 2024, the increase in United Kingdom's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Special Pharmaceuticals (£277k or 631%), Low-voltage Protection Equipment (£78.3k or 176%), and Medical Instruments (£34.7k or 118%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£5.34M(56.9%)
IMPORT GROWTH (November 2023 - November 2024)£313k(5.13%)
MAIN EXPORTER (November 2024)London Gateway£4.19M

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $262M to Dominican Republic. The main products exported from United Kingdom to Dominican Republic were Hard Liquor ($104M), Cars ($33M), and Glass Bottles ($11.3M). During the last 5 years the exports of United Kingdom to Dominican Republic have increased at an annualized rate of 9.72%, from $165M in 2018 to $262M in 2023.

In 2018, Dominican Republic exported $195M to United Kingdom. The main products exported from Dominican Republic to United Kingdom were Bananas ($67.7M), Medical Instruments ($34.3M), and Hard Liquor ($15.7M). During the last 5 years the exports of Dominican Republic to United Kingdom have increased at an annualized rate of 6.22%, from $145M in 2023 to $195M in 2018.

Exports from United Kingdom (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from United Kingdom than Dominican Republic included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Dominican Republic than United Kingdom included Haiti ($856M), Cuba ($49.9M), and Turks and Caicos Islands ($21.6M).

Difference in imports from Dominican Republic (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Dominican Republic

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Dominican Republic in the exports of Foodstuffs ($109M), Transportation ($37.3M), and Machines ($24.5M).

During 2018, Dominican Republic had a large net trade with United Kingdom in the exports of Vegetable Products ($85.2M), Instruments ($36.7M), and Foodstuffs ($19.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Dominican Republic+$25.1MRefined Petroleum
Top Product Potential Dominican Republic United Kingdom+$22.1MMedical 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 United Kingdom and Dominican Republic. This means that a dot/product with the flag of United Kingdom 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 United Kingdom.

Product Space of United Kingdom (Flag) and Dominican Republic (Flag) (2023)

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