2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 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

Chinese Taipei-Dominican Republic Trade: In 2022, Chinese Taipei exported $141M to Dominican Republic. The main products that Chinese Taipei exported to Dominican Republic were Styrene Polymers ($19.7M), Polyacetals ($16.6M), and Light Rubberized Knitted Fabric ($15.3M). Over the past 5 years the exports of Chinese Taipei to Dominican Republic have increased at an annualized rate of 2.92%, from $122M in 2017 to $141M in 2022.

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

Dominican Republic-Chinese Taipei Trade: In 2022, Dominican Republic exported $115M to Chinese Taipei. The main products that Dominican Republic exported to Chinese Taipei were Scrap Iron ($82.5M), Medical Instruments ($9.02M), and Other Plastic Products ($5.02M). Over the past 5 years the exports of Dominican Republic to Chinese Taipei have increased at an annualized rate of 9.48%,  from $73.4M in 2017 to $115M in 2022.

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

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $141M to Dominican Republic. The main products exported from Chinese Taipei to Dominican Republic were Styrene Polymers ($19.7M), Polyacetals ($16.6M), and Light Rubberized Knitted Fabric ($15.3M). During the last 5 years the exports of Chinese Taipei to Dominican Republic have increased at an annualized rate of 2.92%, from $122M in 2017 to $141M in 2022.

In 2017, Dominican Republic exported $115M to Chinese Taipei. The main products exported from Dominican Republic to Chinese Taipei were Scrap Iron ($82.5M), Medical Instruments ($9.02M), and Other Plastic Products ($5.02M). During the last 5 years the exports of Dominican Republic to Chinese Taipei have increased at an annualized rate of 9.48%, from $73.4M in 2022 to $115M in 2017.

Exports from Chinese Taipei (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Chinese Taipei than Dominican Republic included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Dominican Republic than Chinese Taipei included Haiti ($1.02B), Jamaica ($139M), and Guyana ($47.6M).

Difference in imports from Dominican Republic (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Dominican Republic

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($45.2M), Machines ($26.5M), and Textiles ($22.2M).

During 2017, Dominican Republic had a large net trade with Chinese Taipei in the exports of Metals ($87.5M), Instruments ($9.22M), and Plastics and Rubbers ($5.46M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Dominican Republic (Flag) (2022)

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