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Pricing

2022
Flag → Flag
Exports $3.39kRnk 119 / 142
2022
Flag → Flag
Top Product $2.37kSeats
2022
Flag → Flag
Exports $42.3kRnk 140 / 163
2022
Flag → Flag
Top Product $32kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Rwanda-Dominican Republic Trade: In 2022, Rwanda exported $3.39k to Dominican Republic. The main products that Rwanda exported to Dominican Republic were Seats ($2.37k), Ball Bearings ($873), and Knit T-shirts ($121). Over the past 10 years the exports of Rwanda to Dominican Republic have increased at an annualized rate of 2.12%, from $2.74k in 2012 to $3.39k in 2022.

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

Dominican Republic-Rwanda Trade: In 2022, Dominican Republic exported $42.3k to Rwanda. The main products that Dominican Republic exported to Rwanda were Medical Instruments ($32k), Orthopedic Appliances ($4.62k), and Hard Liquor ($3.76k). Over the past 10 years the exports of Dominican Republic to Rwanda have increased at an annualized rate of 81.2%,  from $2.17k in 2012 to $42.3k in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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, Rwanda exported $3.39k to Dominican Republic. The main products exported from Rwanda to Dominican Republic were Seats ($2.37k), Ball Bearings ($873), and Knit T-shirts ($121). During the last 10 years the exports of Rwanda to Dominican Republic have increased at an annualized rate of 2.12%, from $2.74k in 2012 to $3.39k in 2022.

In 2017, Dominican Republic exported $42.3k to Rwanda. The main products exported from Dominican Republic to Rwanda were Medical Instruments ($32k), Orthopedic Appliances ($4.62k), and Hard Liquor ($3.76k). During the last 5 years the exports of Dominican Republic to Rwanda have increased at an annualized rate of 81.2%, from $2.17k in 2022 to $42.3k in 2017.

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

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

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Rwanda than Dominican Republic included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

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

Comparative Advantage Rwanda - Dominican Republic

Flow
Scale

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

During 2022, Rwanda had a large net trade with Dominican Republic in the exports of Miscellaneous ($2.37k), Machines ($898), and Textiles ($121).

During 2017, Dominican Republic had a large net trade with Rwanda in the exports of Instruments ($36.6k), Foodstuffs ($3.76k), and Chemical Products ($1.26k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Dominican Republic+$2.73kGold
Top Product Potential Dominican Republic Rwanda+$2kMedical 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 Rwanda and Dominican Republic. This means that a dot/product with the flag of Rwanda 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 Rwanda.

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

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