Venezuela-Dominican Republic Trade: In 2022, Venezuela exported $76.7M to Dominican Republic. The main products that Venezuela exported to Dominican Republic were Semi-Finished Iron ($43.1M), Raw Aluminium ($11.8M), and Hard Liquor ($8.81M). Over the past 5 years the exports of Venezuela to Dominican Republic have increased at an annualized rate of 17.5%, from $34.2M in 2017 to $76.7M in 2022.
In 2022, Venezuela did not export any services to Dominican Republic.
Dominican Republic-Venezuela Trade: In 2022, Dominican Republic exported $26.5M to Venezuela. The main products that Dominican Republic exported to Venezuela were Packaged Medicaments ($6.94M), Phosphinates (hypophosphites) and phosphonates (phosphites) ($4.08M), and Ethylene Polymers ($3.65M). Over the past 5 years the exports of Dominican Republic to Venezuela have decreased at an annualized rate of 3.87%, from $36.4M in 2017 to $26.5M in 2022.
In 2022, Dominican Republic did not export any services to Venezuela.
Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).