2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 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

Kuwait-Dominican Republic In 2022, Kuwait exported $15.2k to Dominican Republic. The main products that Kuwait exported to Dominican Republic are Integrated Circuits ($6.82k), Lifting Machinery ($6.13k), and Knitted Hats ($502). During the last 21 years the exports of Kuwait to Dominican Republic have decreased at an annualized rate of 0.11%, from $15.6k in 2001 to $15.2k in 2022.

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

Dominican Republic-Kuwait In 2022, Dominican Republic exported $22.5M to Kuwait. The main products that Dominican Republic exported to Kuwait were Low-voltage Protection Equipment ($12.8M), Medical Instruments ($3.8M), and Other Plastic Products ($2.23M). During the last 21 years the exports of Dominican Republic to Kuwait have increased at an annualized rate of 41.3%, from $15.8k in 2001 to $22.5M in 2022.

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

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $15.2k to Dominican Republic. The main products exported from Kuwait to Dominican Republic were Integrated Circuits ($6.82k), Lifting Machinery ($6.13k), and Knitted Hats ($502). During the last 21 years the exports of Kuwait to Dominican Republic have decreased at an annualized rate of 0.11%, from $15.6k in 2001 to $15.2k in 2022.

In 2022, Dominican Republic exported $22.5M to Kuwait. The main products exported from Dominican Republic to Kuwait were Low-voltage Protection Equipment ($12.8M), Medical Instruments ($3.8M), and Other Plastic Products ($2.23M). During the last 22 years the exports of Dominican Republic to Kuwait have increased at an annualized rate of 41.3%, from $15.8k in 2000 to $22.5M in 2022.

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

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

Latest Data

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

Kuwait Exports

Dominican Republic Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Dominican Republic
Top Destination
United States$6.85B

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

In 2021, countries that imported more from Kuwait than Dominican Republic were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Dominican Republic than Kuwait were United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

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

Comparative Advantage Kuwait - Dominican Republic

Flow
Scale

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

During 2022, Kuwait had a large net trade with Dominican Republic in the exports of Machines ($13k), Metals ($544), and Footwear and Headwear ($502).

During 2022, Dominican Republic had a large net trade with Kuwait in the exports of Machines ($13.1M), Instruments ($4.11M), and Plastics and Rubbers ($2.25M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Kuwait.

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

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