2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

South Africa-Dominican Republic Trade: In 2023, South Africa exported $37.4M to Dominican Republic. The main products that South Africa exported to Dominican Republic were Raw Aluminium ($28M), Delivery Trucks ($2.68M), and Sowing Seeds ($1.18M). Over the past 5 years the exports of South Africa to Dominican Republic have increased at an annualized rate of 14.4%, from $19.1M in 2018 to $37.4M in 2023.

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

Dominican Republic-South Africa Trade: In 2023, Dominican Republic exported $7.51M to South Africa. The main products that Dominican Republic exported to South Africa were Medical Instruments ($3.53M), Other Plastic Products ($787k), and Low-voltage Protection Equipment ($765k). Over the past 5 years the exports of Dominican Republic to South Africa have decreased at an annualized rate of 25.1%,  from $31.8M in 2018 to $7.51M in 2023.

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

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $37.4M to Dominican Republic. The main products exported from South Africa to Dominican Republic were Raw Aluminium ($28M), Delivery Trucks ($2.68M), and Sowing Seeds ($1.18M). During the last 5 years the exports of South Africa to Dominican Republic have increased at an annualized rate of 14.4%, from $19.1M in 2018 to $37.4M in 2023.

In 2018, Dominican Republic exported $7.51M to South Africa. The main products exported from Dominican Republic to South Africa were Medical Instruments ($3.53M), Other Plastic Products ($787k), and Low-voltage Protection Equipment ($765k). During the last 5 years the exports of Dominican Republic to South Africa have decreased at an annualized rate of 25.1%, from $31.8M in 2023 to $7.51M in 2018.

Exports from South Africa (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from South Africa than Dominican Republic included China ($29.5B), Germany ($10.8B), and India ($10.8B).

In 2023, countries that imported more from Dominican Republic than South Africa included Haiti ($856M), Jamaica ($115M), and Costa Rica ($65.2M).

Difference in imports from Dominican Republic (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Dominican Republic

Flow
Scale

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

During 2023, South Africa had a large net trade with Dominican Republic in the exports of Metals ($28.5M), Transportation ($2.77M), and Chemical Products ($1.54M).

During 2018, Dominican Republic had a large net trade with South Africa in the exports of Instruments ($4.08M), Machines ($1.14M), and Plastics and Rubbers ($790k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Dominican Republic+$4.29MDelivery Trucks
Top Product Potential Dominican Republic South Africa+$4.31MMedical 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 South Africa and Dominican Republic. This means that a dot/product with the flag of South Africa 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 South Africa.

Product Space of South Africa (Flag) and Dominican Republic (Flag) (2023)

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