British Indian Ocean Territory (IOT) and Dominican Republic (DOM) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory (IOT) and Dominican Republic (DOM) Trade

Exports $58.7kRnk 9 / 53

Top Product $58.7kNon-Retail Mixed Cotton Yarn

Exports $332kRnk 139 / 0

Economic Complexity (ECI) ECI 0.04Rnk 62 / 132

2023

GDP$121BCURRENT US$
Rnk 62 / 195

2013-2023

GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195

2023

GDP PC$10,718CURRENT US$
Rnk 87 / 196

2013-2023

GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

Image 1

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Link: https://flic.kr/p/b9vvF2

Historical Data
Economic Complexity

About

British Indian Ocean Territory-Dominican Republic Trade: In 2023, British Indian Ocean Territory exported $58.7k to Dominican Republic. The main products that British Indian Ocean Territory exported to Dominican Republic were Non-Retail Mixed Cotton Yarn ($58.7k). Over the past 12 years the exports of British Indian Ocean Territory to Dominican Republic have increased at an annualized rate of 44.4%, from $711 in 2011 to $58.7k in 2023.

In 2023, British Indian Ocean Territory did not export any services to Dominican Republic.

Dominican Republic-British Indian Ocean Territory In N/A, Dominican Republic did not export any products to British Indian Ocean Territory.

In 2023, Dominican Republic did not export any services to British Indian Ocean Territory.

Comparison In 2023, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, British Indian Ocean Territory exported $58.7k to Dominican Republic. The main products exported from British Indian Ocean Territory to Dominican Republic were Non-Retail Mixed Cotton Yarn ($58.7k). During the last 12 years the exports of British Indian Ocean Territory to Dominican Republic have increased at an annualized rate of 44.4%, from $711 in 2011 to $58.7k in 2023.

Dominican Republic does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Dominican Republic () (2023)

Exports from Dominican Republic () to British Indian Ocean Territory () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from British Indian Ocean Territory than Dominican Republic included Zambia ($23.1k).

In 2023, countries that imported more from Dominican Republic than British Indian Ocean Territory included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic () and British Indian Ocean Territory () (2023)

Comparative Advantage British Indian Ocean Territory - Dominican Republic

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between British Indian Ocean Territory and Dominican Republic by product, considering products traded by both, British Indian Ocean Territory and Dominican Republic.

During 2023, British Indian Ocean Territory had a large net trade with Dominican Republic in the exports of Textiles ($58.7k).

Economic Complexity

Competitive Landscape

Year

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

Product Space of British Indian Ocean Territory () and Dominican Republic () (2023)

Keep Exploring

British Indian Ocean Territory
Dominica
British Indian Ocean Territory
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Dominican Republic

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