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Pricing

2022
Flag → Flag
Exports $154MRnk 27 / 170
2022
Flag → Flag
Top Product $81.4MRaw Tobacco
2022
Flag → Flag
Exports $25.6MRnk 39 / 163
2022
Flag → Flag
Top Product $8.66MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Ecuador-Dominican Republic Trade: In 2022, Ecuador exported $154M to Dominican Republic. The main products that Ecuador exported to Dominican Republic were Raw Tobacco ($81.4M), Glass Bottles ($6.36M), and Cut Flowers ($6.3M). Over the past 5 years the exports of Ecuador to Dominican Republic have increased at an annualized rate of 14.1%, from $79.6M in 2017 to $154M in 2022.

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

Dominican Republic-Ecuador Trade: In 2022, Dominican Republic exported $25.6M to Ecuador. The main products that Dominican Republic exported to Ecuador were Packaged Medicaments ($8.66M), Scented Mixtures ($5.28M), and Low-voltage Protection Equipment ($5.13M). Over the past 5 years the exports of Dominican Republic to Ecuador have decreased at an annualized rate of 2.5%,  from $29.1M in 2017 to $25.6M in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Latest Data

Trade between Ecuador (Flag) and Dominican Republic (Flag)

Ecuador Exports

Dominican Republic Exports

Potential Exports

Potential Exports

Depth
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Top Product Potential Ecuador Dominican Republic+$6.52kCrude Petroleum
Top Product Potential Dominican Republic Ecuador+N/AN/A

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 Ecuador and Dominican Republic. This means that a dot/product with the flag of Ecuador 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 Ecuador.

Product Space of Ecuador (Flag) and Dominican Republic (Flag) (NaN)

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