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Pricing

2022
Flag → Flag
Exports $18.8MRnk 84 / 210
2022
Flag → Flag
Top Product $6.04MConcentrated Milk
2022
Flag → Flag
Exports $17MRnk 53 / 163
2022
Flag → Flag
Top Product $8.39MTherapeutic Appliances
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

New Zealand-Dominican Republic Trade: In 2022, New Zealand exported $18.8M to Dominican Republic. The main products that New Zealand exported to Dominican Republic were Concentrated Milk ($6.04M), Butter ($3.68M), and Cheese ($2.59M). Over the past 5 years the exports of New Zealand to Dominican Republic have decreased at an annualized rate of 1.67%, from $20.4M in 2017 to $18.8M in 2022.

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

Dominican Republic-New Zealand Trade: In 2022, Dominican Republic exported $17M to New Zealand. The main products that Dominican Republic exported to New Zealand were Therapeutic Appliances ($8.39M), Medical Instruments ($4.33M), and Other Plastic Products ($799k). Over the past 5 years the exports of Dominican Republic to New Zealand have increased at an annualized rate of 9.72%,  from $10.7M in 2017 to $17M in 2022.

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

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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, New Zealand exported $18.8M to Dominican Republic. The main products exported from New Zealand to Dominican Republic were Concentrated Milk ($6.04M), Butter ($3.68M), and Cheese ($2.59M). During the last 5 years the exports of New Zealand to Dominican Republic have decreased at an annualized rate of 1.67%, from $20.4M in 2017 to $18.8M in 2022.

In 2017, Dominican Republic exported $17M to New Zealand. The main products exported from Dominican Republic to New Zealand were Therapeutic Appliances ($8.39M), Medical Instruments ($4.33M), and Other Plastic Products ($799k). During the last 5 years the exports of Dominican Republic to New Zealand have increased at an annualized rate of 9.72%, from $10.7M in 2022 to $17M in 2017.

Exports from New Zealand (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Dominican Republic (Flag)

New Zealand Exports

Dominican Republic Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from New Zealand than Dominican Republic included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

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

Difference in imports from Dominican Republic (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Dominican Republic

Flow
Scale

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

During 2022, New Zealand had a large net trade with Dominican Republic in the exports of Animal Products ($16.4M), Foodstuffs ($885k), and Vegetable Products ($651k).

During 2017, Dominican Republic had a large net trade with New Zealand in the exports of Instruments ($13.5M), Chemical Products ($977k), and Plastics and Rubbers ($858k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Dominican Republic+$3.27MConcentrated Milk
Top Product Potential Dominican Republic New Zealand+$2.73MMedical 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 New Zealand and Dominican Republic. This means that a dot/product with the flag of New Zealand 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 New Zealand.

Product Space of New Zealand (Flag) and Dominican Republic (Flag) (2022)

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