2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Greece-Dominican Republic Trade: In 2022, Greece exported $15.6M to Dominican Republic. The main products that Greece exported to Dominican Republic were Razor Blades ($3.42M), Fruit Juice ($2.76M), and Jams ($2.76M). Over the past 5 years the exports of Greece to Dominican Republic have decreased at an annualized rate of 0.17%, from $15.7M in 2017 to $15.6M in 2022.

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

Dominican Republic-Greece Trade: In 2022, Dominican Republic exported $2.34M to Greece. The main products that Dominican Republic exported to Greece were Rolled Tobacco ($774k), Scrap Copper ($460k), and Hard Liquor ($442k). Over the past 5 years the exports of Dominican Republic to Greece have increased at an annualized rate of 9.97%,  from $1.45M in 2017 to $2.34M in 2022.

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

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $15.6M to Dominican Republic. The main products exported from Greece to Dominican Republic were Razor Blades ($3.42M), Fruit Juice ($2.76M), and Jams ($2.76M). During the last 5 years the exports of Greece to Dominican Republic have decreased at an annualized rate of 0.17%, from $15.7M in 2017 to $15.6M in 2022.

In 2017, Dominican Republic exported $2.34M to Greece. The main products exported from Dominican Republic to Greece were Rolled Tobacco ($774k), Scrap Copper ($460k), and Hard Liquor ($442k). During the last 5 years the exports of Dominican Republic to Greece have increased at an annualized rate of 9.97%, from $1.45M in 2022 to $2.34M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Dominican Republic (Flag)

Greece Exports

Dominican Republic Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Greece than Dominican Republic included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

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

Comparative Advantage Greece - Dominican Republic

Flow
Scale

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

During 2022, Greece had a large net trade with Dominican Republic in the exports of Foodstuffs ($5.9M), Metals ($3.86M), and Machines ($1.75M).

During 2017, Dominican Republic had a large net trade with Greece in the exports of Foodstuffs ($1.37M), Metals ($521k), and Footwear and Headwear ($262k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Dominican Republic+$492kInsulated Wire
Top Product Potential Dominican Republic Greece+$1.02MRolled Tobacco

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 Greece and Dominican Republic. This means that a dot/product with the flag of Greece 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 Greece.

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

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