2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 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 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 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

Palestine-Dominican Republic Trade: In 2022, Palestine exported $14.4k to Dominican Republic. The main products that Palestine exported to Dominican Republic were Ink ($5.82k), Liquid Pumps ($4.94k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.56k). Over the past 5 years the exports of Palestine to Dominican Republic have increased at an annualized rate of 1.66%, from $13.3k in 2017 to $14.4k in 2022.

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

Dominican Republic-Palestine Trade: In 2022, Dominican Republic exported $13.3k to Palestine. The main products that Dominican Republic exported to Palestine were Medical Instruments ($10.5k), Insulated Wire ($1.48k), and Rolled Tobacco ($1.11k). Over the past 5 years the exports of Dominican Republic to Palestine have decreased at an annualized rate of 26%,  from $60.1k in 2017 to $13.3k in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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, Palestine exported $14.4k to Dominican Republic. The main products exported from Palestine to Dominican Republic were Ink ($5.82k), Liquid Pumps ($4.94k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.56k). During the last 5 years the exports of Palestine to Dominican Republic have increased at an annualized rate of 1.66%, from $13.3k in 2017 to $14.4k in 2022.

In 2017, Dominican Republic exported $13.3k to Palestine. The main products exported from Dominican Republic to Palestine were Medical Instruments ($10.5k), Insulated Wire ($1.48k), and Rolled Tobacco ($1.11k). During the last 5 years the exports of Dominican Republic to Palestine have decreased at an annualized rate of 26%, from $60.1k in 2022 to $13.3k in 2017.

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

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

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Palestine than Dominican Republic included Israel ($1.3B), Jordan ($159M), and Saudi Arabia ($13.5M).

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

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

Comparative Advantage Palestine - Dominican Republic

Flow
Scale

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

During 2022, Palestine had a large net trade with Dominican Republic in the exports of Machines ($5.99k), Chemical Products ($5.82k), and Transportation ($1.56k).

During 2017, Dominican Republic had a large net trade with Palestine in the exports of Instruments ($10.5k), Machines ($1.69k), and Foodstuffs ($1.11k).

Economic Complexity

Competitive Landscape

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

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

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