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2023
Flag → Flag
Exports $55.4MRnk 73 / 211
2023
Flag → Flag
Top Product $4.79MUncoated Paper
2023
Flag → Flag
Exports $1.15MRnk 60 / 166
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Portugal-Dominican Republic Trade: In 2023, Portugal exported $55.4M to Dominican Republic. The main products that Portugal exported to Dominican Republic were Uncoated Paper ($4.79M), Glass Bottles ($4.6M), and Beer ($2.92M). Over the past 5 years the exports of Portugal to Dominican Republic have increased at an annualized rate of 8.81%, from $36.3M in 2018 to $55.4M in 2023.

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

Dominican Republic-Portugal In N/A, Dominican Republic did not export any products to Portugal.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €2.44M and imported €667k from Dominican Republic, resulting in a positive trade balance of €1.77M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-127k (-4.94%) from €2.56M to €2.44M, while imports increased by €5.92k (0.89%) from €661k to €667k.

Trade In November 2024, the top exports of Portugal to Dominican Republic were Beverages, spirits, & vinegar (€870k), Pharmaceutical products (€350k), Furniture, bedding, lamps, & prefab buildings (€265k), Electrical machinery and electronics (€233k), and Special woven fabrics and tapestries (€221k). In November 2024 the top imports of Portugal from Dominican Republic were Edible fruits, nuts & fruit peels (€234k), Beverages, spirits, & vinegar (€68.5k), Rubber & articles thereof (€57.3k), Raw hides & skin (non-fur) (€20.3k), and Electrical machinery and electronics (€6.1k).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Glass & glassware (€-877k or -97.7%), Paper articles (€-626k or -86.9%), and Machinery, mechanical appliances, & parts (€-308k or -58.9%). In November 2024, the increase in Portugal's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Raw hides & skin (non-fur) (€13.8k or 213%), Edible fruits, nuts & fruit peels (€12.7k or 5.75%), and Beverages, spirits, & vinegar (€3.28k or 5.02%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-127k(-4.94%)
IMPORT GROWTH (November 2023 - November 2024)€5.92k(0.89%)

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $55.4M to Dominican Republic. The main products exported from Portugal to Dominican Republic were Uncoated Paper ($4.79M), Glass Bottles ($4.6M), and Beer ($2.92M). During the last 5 years the exports of Portugal to Dominican Republic have increased at an annualized rate of 8.81%, from $36.3M in 2018 to $55.4M in 2023.

Dominican Republic does not register exports to Portugal.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Portugal than Dominican Republic included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Dominican Republic than Portugal included Haiti ($856M), United States ($7.08B), and India ($444M).

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

Comparative Advantage Portugal - Dominican Republic

Flow
Scale

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

During 2023, Portugal had a large net trade with Dominican Republic in the exports of Machines ($10.1M), Stone And Glass ($9.2M), and Paper Goods ($7.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Dominican Republic+$1.73MPackaged Medicaments
Top Product Potential Dominican Republic Portugal+$702kLeather Footwear

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 Portugal and Dominican Republic. This means that a dot/product with the flag of Portugal 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 Portugal.

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

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