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2022
Flag → Flag
Exports $13.4MRnk 24 / 139
2022
Flag → Flag
Top Product $11.1MCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $47.6MRnk 29 / 163
2022
Flag → Flag
Top Product $15.9MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Guyana-Dominican Republic Trade: In 2022, Guyana exported $13.4M to Dominican Republic. The main products that Guyana exported to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($11.1M), Sand ($1.97M), and Mattresses ($157k). Over the past 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 3.14%, from $11.5M in 2017 to $13.4M in 2022.

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

Dominican Republic-Guyana Trade: In 2022, Dominican Republic exported $47.6M to Guyana. The main products that Dominican Republic exported to Guyana were Mixed Mineral or Chemical Fertilizers ($15.9M), Raw Iron Bars ($7.46M), and Cement ($3.54M). Over the past 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 21.6%,  from $17.9M in 2017 to $47.6M in 2022.

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

Comparison In 2022,  Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. 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, Guyana exported $13.4M to Dominican Republic. The main products exported from Guyana to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($11.1M), Sand ($1.97M), and Mattresses ($157k). During the last 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 3.14%, from $11.5M in 2017 to $13.4M in 2022.

In 2017, Dominican Republic exported $47.6M to Guyana. The main products exported from Dominican Republic to Guyana were Mixed Mineral or Chemical Fertilizers ($15.9M), Raw Iron Bars ($7.46M), and Cement ($3.54M). During the last 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 21.6%, from $17.9M in 2022 to $47.6M in 2017.

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

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

Latest Data

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

Guyana Exports

Dominican Republic Exports

Market Competitiveness

Color
Guyana
Top DestinationPanama$5.84B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Guyana than Dominican Republic included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

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

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

Comparative Advantage Guyana - Dominican Republic

Flow
Scale

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

During 2022, Guyana had a large net trade with Dominican Republic in the exports of Vegetable Products ($11.1M), Mineral Products ($1.97M), and Miscellaneous ($199k).

During 2017, Dominican Republic had a large net trade with Guyana in the exports of Chemical Products ($20.1M), Metals ($8.27M), and Plastics and Rubbers ($7.56M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guyana and Dominican Republic. This means that a dot/product with the flag of Guyana 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 Guyana.

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

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