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2023
Flag → Flag
Exports $106MRnk 57 / 205
2023
Flag → Flag
Top Product $102MDried/Salted/Smoked/Brined Fish
2023
Flag → Flag
Exports $10.6MRnk 58 / 166
2023
Flag → Flag
Top Product $3.76MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Norway-Dominican Republic Trade: In 2023, Norway exported $106M to Dominican Republic. The main products that Norway exported to Dominican Republic were Dried/Salted/Smoked/Brined Fish ($102M), Fish Fillets ($1.03M), and Packaged Medicaments ($552k). Over the past 5 years the exports of Norway to Dominican Republic have increased at an annualized rate of 5.3%, from $81.6M in 2018 to $106M in 2023.

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

Dominican Republic-Norway Trade: In 2023, Dominican Republic exported $10.6M to Norway. The main products that Dominican Republic exported to Norway were Medical Instruments ($3.76M), Tropical Fruits ($2.41M), and Other Plastic Products ($1.54M). Over the past 5 years the exports of Dominican Republic to Norway have decreased at an annualized rate of 5.2%,  from $13.9M in 2018 to $10.6M in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK37.5M and imported NOK9.87M from Dominican Republic, resulting in a positive trade balance of NOK27.6M. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-6.59M (-14.9%) from NOK44.1M to NOK37.5M, while imports increased by NOK831k (9.19%) from NOK9.04M to NOK9.87M.

Trade In December 2024, the top exports of Norway to Dominican Republic were Fish (not marine mammals), crustaceans, molluscs... (NOK61.7M), Professional, scientific and controlling instruments and... (NOK483k), Machinery specialized for particular industries (NOK216k), General industrial machinery and equipment, n.e.s.,... (NOK51k), and Prefabricated buildings; sanitary, plumbing, heating and... (NOK17k). In December 2024 the top imports of Norway from Dominican Republic were Professional, scientific and controlling instruments and... (NOK4.77M), Medicinal and pharmaceutical products (NOK1.41M), Footwear (NOK807k), Vegetables and fruit (NOK718k), and Miscellaneous manufactured articles, n.e.s. (NOK665k).

Growth In December 2024, the decrease in Norway's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK-22.1M or -26.4%), Power-generating machinery and equipment (NOK-413k or -100%), and Office machines and automatic data-processing machines (NOK-17k or -56.7%). In December 2024, the increase in Norway's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Professional, scientific and controlling instruments and... (NOK926k or 24.1%), Miscellaneous manufactured articles, n.e.s. (NOK509k or 326%), and Vegetables and fruit (NOK307k or 74.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK-6.59M(-14.9%)
IMPORT GROWTH (December 2023 - December 2024)NOK831k(9.19%)

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $106M to Dominican Republic. The main products exported from Norway to Dominican Republic were Dried/Salted/Smoked/Brined Fish ($102M), Fish Fillets ($1.03M), and Packaged Medicaments ($552k). During the last 5 years the exports of Norway to Dominican Republic have increased at an annualized rate of 5.3%, from $81.6M in 2018 to $106M in 2023.

In 2018, Dominican Republic exported $10.6M to Norway. The main products exported from Dominican Republic to Norway were Medical Instruments ($3.76M), Tropical Fruits ($2.41M), and Other Plastic Products ($1.54M). During the last 5 years the exports of Dominican Republic to Norway have decreased at an annualized rate of 5.2%, from $13.9M in 2023 to $10.6M in 2018.

Exports from Norway (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Norway than Dominican Republic included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Difference in imports from Dominican Republic (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Dominican Republic

Flow
Scale

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

During 2023, Norway had a large net trade with Dominican Republic in the exports of Animal Products ($103M), Chemical Products ($952k), and Machines ($577k).

During 2018, Dominican Republic had a large net trade with Norway in the exports of Instruments ($3.93M), Vegetable Products ($2.54M), and Plastics and Rubbers ($1.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Dominican Republic+$418kNon-fillet Frozen Fish
Top Product Potential Dominican Republic Norway+$3.54MMedical 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 Norway and Dominican Republic. This means that a dot/product with the flag of Norway 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 Norway.

Product Space of Norway (Flag) and Dominican Republic (Flag) (2023)

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