Dominican Republic

ECON COMPLEXITY (2018)

-0.19

RANK 76 OF 137

PRODUCT EXPORTS (2018)

$8.24B

RANK 96 OF 222

EXPORTS PER CAPITA (2018)

$775

RANK 198 OF 219

PRODUCT IMPORTS (2018)

$15B

RANK 83 OF 221

IMPORTS PER CAPITA (2018)

$1.41K

RANK 196 of 219

SERVICE EXPORTS (2018)

$9.23B

RANK 31 OF 88

SERVICE IMPORTS (2018)

$3.22B

RANK 50 OF 88

GDP (2018)

$85.6B

CURRENT US$
RANK 66 OF 196

GDP GROWTH (2008-2018)

77.8%

CURRENT US$
RANK 46 OF 196

GDP PC (2018)

$8,051

CURRENT US$
RANK 87 OF 196

GDP PC GROWTH (2008-2018)

58.2%

Overview: In 2018 Dominican Republic was the number 66 economy in the world in terms of GDP (current US$), the number 96 in total exports, the number 83 in total imports, and the number 76 most complex economy according to the Economic Complexity Index (ECI). In 2018, Dominican Republic exported $8.24B and imported $15B, resulting in a negative trade balance of -$6.73B. In 2018, Dominican Republic’s exports per capita were $775 and its imports per capita were $1.41k.

Trade: The top exports of Dominican Republic are Gold ($1.32B), Low-voltage Protection Equipment ($775M), Rolled Tobacco ($769M), Medical Instruments ($535M), and Knit T-shirts ($355M). The top imports of Dominican Republic are Refined Petroleum ($1.59B), Cars($678M), Petroleum Gas ($645M), Non-Retail Pure Cotton Yarn ($267M), and Corn ($260M).

Destinations: Dominican Republic exports mostly to United States($4.45B), Canada ($669M), India ($548M), Switzerland ($216M), and Germany ($201M), and imports mostly from United States ($6.45B), China ($2.11B), Brazil ($715M), Spain ($675M), and Mexico ($589M).

Location: Dominican Republic borders Haiti by land and Colombia, Venezuela, Aruba, Curaçao, and Turks and Caicos Islands by sea.

Exports

In 2018 Dominican Republic exported a total of $8.24B, making it the number 96 exporter in the world. During the last five reported years the exports of Dominican Republic have changed by -$1.34B from $9.57B in 2013 to $8.24B in 2018.

The most recent exports are led by Gold ($1.32B), Low-voltage Protection Equipment ($775M), Rolled Tobacco ($769M), Medical Instruments ($535M), and Knit T-shirts ($355M).

Imports

In 2018 Dominican Republic imported $15B, making it the number 83 trade destination in the world. During the last five reported years the imports of Dominican Republic changed by -$2.31B from $17.3B in 2013 to $15B in 2018.

The most recent imports of Dominican Republic are led by Refined Petroleum ($1.59B), Cars ($678M), Petroleum Gas ($645M), Non-Retail Pure Cotton Yarn ($267M), and Corn ($260M).

Destinations

The most common destination for the exports of Dominican Republic are United States ($4.45B), Canada ($669M), India ($548M), Switzerland ($216M), and Germany ($201M).

Origins

The most common import partners for Dominican Republic are United States ($6.45B), China ($2.11B), Brazil ($715M), Spain ($675M), and Mexico ($589M).