NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $28.8MRnk 62 / 201
2023
Flag → Flag
Top Product $19.2MRaw Tobacco
2023
Flag → Flag
Exports $14.9MRnk 53 / 166
2023
Flag → Flag
Top Product $5.01MPlastic Lids
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Philippines-Dominican Republic Trade: In 2023, Philippines exported $28.8M to Dominican Republic. The main products that Philippines exported to Dominican Republic were Raw Tobacco ($19.2M), Electrical Resistors ($2.35M), and Electrical Transformers ($1.48M). Over the past 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 1.31%, from $27M in 2018 to $28.8M in 2023.

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

Dominican Republic-Philippines Trade: In 2023, Dominican Republic exported $14.9M to Philippines. The main products that Dominican Republic exported to Philippines were Plastic Lids ($5.01M), Oscilloscopes ($2.2M), and Medical Instruments ($1.33M). Over the past 5 years the exports of Dominican Republic to Philippines have decreased at an annualized rate of 15.1%,  from $33.8M in 2018 to $14.9M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $1.53M and imported $1.5M from Dominican Republic, resulting in a positive trade balance of $30.4k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-38k (-2.42%) from $1.57M to $1.53M, while imports increased by $570k (61.3%) from $930k to $1.5M.

Trade In July 2024, the top exports of Philippines to Dominican Republic were Commodities not elsewhere specified ($618k), Raw Tobacco ($545k), Electrical Resistors ($169k), Wood Kitchenware ($40.8k), and Raw Plastic Sheeting ($1.71k). In July 2024 the top imports of Philippines from Dominican Republic were Commodities not elsewhere specified ($1.13M), Oscilloscopes ($577k), Alcohol > 80% ABV ($121k), Medical Instruments ($79.4k), and Orthopedic Appliances ($24.5k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Raw Tobacco ($-2.35M or -81.2%), Commodities not elsewhere specified ($-67.7k or -9.87%), and Tobacco Processing Machines ($-12.9k or -92.2%). In July 2024, the increase in Philippines's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Medical Instruments ($45.2k or 132%), Electrical Transformers ($4.22k or 1.56k%), and Special Pharmaceuticals ($3.41k or 387%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-38k(-2.42%)
IMPORT GROWTH (July 2023 - July 2024)$570k(61.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $28.8M to Dominican Republic. The main products exported from Philippines to Dominican Republic were Raw Tobacco ($19.2M), Electrical Resistors ($2.35M), and Electrical Transformers ($1.48M). During the last 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 1.31%, from $27M in 2018 to $28.8M in 2023.

In 2018, Dominican Republic exported $14.9M to Philippines. The main products exported from Dominican Republic to Philippines were Plastic Lids ($5.01M), Oscilloscopes ($2.2M), and Medical Instruments ($1.33M). During the last 5 years the exports of Dominican Republic to Philippines have decreased at an annualized rate of 15.1%, from $33.8M in 2023 to $14.9M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Philippines than Dominican Republic included China ($19B), Hong Kong ($11.7B), and Japan ($11.4B).

In 2023, countries that imported more from Dominican Republic than Philippines included Haiti ($856M), Jamaica ($115M), and Guyana ($72.5M).

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

Comparative Advantage Philippines - Dominican Republic

Flow
Scale

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

During 2023, Philippines had a large net trade with Dominican Republic in the exports of Foodstuffs ($19.5M), Machines ($5.63M), and Plastics and Rubbers ($1.34M).

During 2018, Dominican Republic had a large net trade with Philippines in the exports of Plastics and Rubbers ($5.28M), Instruments ($3.75M), and Foodstuffs ($2.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Dominican Republic+$4.26kGold
Top Product Potential Dominican Republic Philippines+$4.28kLow-voltage Protection Equipment

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms