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

2023
Flag → Flag
Exports $53.1MRnk 88 / 137
2023
Flag → Flag
Top Product $15.7MRaw Iron Bars
2023
Flag → Flag
Exports $2.2MRnk 88 / 166
2023
Flag → Flag
Top Product $1.65MIron Powder
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Russia-Dominican Republic Trade: In 2023, Russia exported $53.1M to Dominican Republic. The main products that Russia exported to Dominican Republic were Raw Iron Bars ($15.7M), Nitrogenous Fertilizers ($14.7M), and Malt ($12.9M). Over the past 5 years the exports of Russia to Dominican Republic have decreased at an annualized rate of 14.7%, from $117M in 2018 to $53.1M in 2023.

In 2020, Russia exported services to Dominican Republic worth $418k, with Transportation ($260k), Other business services ($83k), and Royalties and license fees ($32k) being the largest in terms of value.

Dominican Republic-Russia Trade: In 2023, Dominican Republic exported $2.2M to Russia. The main products that Dominican Republic exported to Russia were Iron Powder ($1.65M), Hard Liquor ($286k), and Rolled Tobacco ($199k). Over the past 5 years the exports of Dominican Republic to Russia have decreased at an annualized rate of 38.8%,  from $25.7M in 2018 to $2.2M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.56M and imported $3.33M from Dominican Republic, resulting in a negative trade balance of $1.77M. Between January 2021 and January 2022 the exports of Russia have decreased by $-17.7M (-91.9%) from $19.2M to $1.56M, while imports increased by $1.46M (78%) from $1.87M to $3.33M.

Trade In January 2022, the top exports of Russia to Dominican Republic were Semi-Finished Iron ($13.8M), Hot-Rolled Iron Bars ($4.3M), Refined Petroleum ($449k), Nitrogenous Fertilizers ($322k), and Mixed Mineral or Chemical Fertilizers ($75.6k). In January 2022 the top imports of Russia from Dominican Republic were Hard Liquor ($833k), Special Pharmaceuticals ($325k), Rolled Tobacco ($260k), Iron Powder ($228k), and Medical Instruments ($56.2k).

Origins In January 2022 the exports of Russia were mainly from LENINGRAD REGION ($963k), TULA REGION ($201k), VOLOGDA REGION ($121k), REPUBLIC OF KARELIA ($94.6k), and MOSCOW REGION ($62.4k), while imports destinations were mainly MOSCOW REGION ($2.22M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($643k), NIZHNY NOVGOROD REGION ($219k), SVERDLOVSK REGION ($177k), and ST. PETERSBURG ($39.7k).

Growth In January 2022, the decrease in Russia's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Carbonates ($-169k or -85%). In January 2022, the increase in Russia's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Hard Liquor ($372k or 80.5%), Special Pharmaceuticals ($91.3k or 39.1%), and Other Plastic Products ($15.3k or 110%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-17.7M(-91.9%)
IMPORT GROWTH (January 2021 - January 2022)$1.46M(78%)
MAIN EXPORTER (January 2022)LENINGRAD REGION$963k

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

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

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Russia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $53.1M to Dominican Republic. The main products exported from Russia to Dominican Republic were Raw Iron Bars ($15.7M), Nitrogenous Fertilizers ($14.7M), and Malt ($12.9M). During the last 5 years the exports of Russia to Dominican Republic have decreased at an annualized rate of 14.7%, from $117M in 2018 to $53.1M in 2023.

In 2018, Dominican Republic exported $2.2M to Russia. The main products exported from Dominican Republic to Russia were Iron Powder ($1.65M), Hard Liquor ($286k), and Rolled Tobacco ($199k). During the last 5 years the exports of Dominican Republic to Russia have decreased at an annualized rate of 38.8%, from $25.7M in 2023 to $2.2M in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Russia than Dominican Republic included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Dominican Republic than Russia included United States ($7.08B), Haiti ($856M), and South Korea ($236M).

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

Comparative Advantage Russia - Dominican Republic

Flow
Scale

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

During 2023, Russia had a large net trade with Dominican Republic in the exports of Metals ($18.6M), Vegetable Products ($17.5M), and Chemical Products ($15.4M).

During 2018, Dominican Republic had a large net trade with Russia in the exports of Metals ($1.65M), Foodstuffs ($497k), and Textiles ($52.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Dominican Republic+$9.39kRefined Petroleum
Top Product Potential Dominican Republic Russia+$6.4kMedical 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.

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

Product Space of Russia (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