2022
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 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
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GDP GROWTH
87.3%CURRENT US$
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2022
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GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH
67.3%CURRENT US$
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About

British Virgin Islands-Dominican Republic In 2022, British Virgin Islands exported $261k to Dominican Republic. The main products that British Virgin Islands exported to Dominican Republic are Plastic Floor Coverings ($154k), Trailers and semi-trailers, not mechanically propelled vehicles ($103k), and Vacuum Cleaners ($1.83k). During the last 21 years the exports of British Virgin Islands to Dominican Republic have increased at an annualized rate of 4.56%, from $102k in 2001 to $261k in 2022.

In 2022, British Virgin Islands did not export any services to Dominican Republic.

Dominican Republic-British Virgin Islands In 2022, Dominican Republic exported $3.41M to British Virgin Islands. The main products that Dominican Republic exported to British Virgin Islands were Raw Iron Bars ($1.77M), Plastic Pipes ($303k), and Insulated Wire ($131k). During the last 21 years the exports of Dominican Republic to British Virgin Islands have increased at an annualized rate of 7.24%, from $787k in 2001 to $3.41M in 2022.

In 2022, Dominican Republic did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $261k to Dominican Republic. The main products exported from British Virgin Islands to Dominican Republic were Plastic Floor Coverings ($154k), Trailers and semi-trailers, not mechanically propelled vehicles ($103k), and Vacuum Cleaners ($1.83k). During the last 21 years the exports of British Virgin Islands to Dominican Republic have increased at an annualized rate of 4.56%, from $102k in 2001 to $261k in 2022.

In 2022, Dominican Republic exported $3.41M to British Virgin Islands. The main products exported from Dominican Republic to British Virgin Islands were Raw Iron Bars ($1.77M), Plastic Pipes ($303k), and Insulated Wire ($131k). During the last 26 years the exports of Dominican Republic to British Virgin Islands have increased at an annualized rate of 7.24%, from $787k in 1996 to $3.41M in 2022.

Exports from British Virgin Islands (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Dominican Republic
Top Destination
United States$6.85B

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

In 2021, countries that imported more from British Virgin Islands than Dominican Republic were Malta ($85.8M), Egypt ($12.2M), and Zimbabwe ($5.02M).

In 2021, countries that imported more from Dominican Republic than British Virgin Islands were United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Dominican Republic

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($154k), Transportation ($104k), and Machines ($2.96k).

During 2022, Dominican Republic had a large net trade with British Virgin Islands in the exports of Metals ($1.91M), Plastics and Rubbers ($404k), and Foodstuffs ($304k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Virgin Islands has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over British Virgin Islands.

Product Space of British Virgin Islands (Flag) and Dominican Republic (Flag) (2022)

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