2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$114BCURRENT US$
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2012-2022
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GDP GROWTH
87.3%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$10,121CURRENT US$
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2012-2022
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GDP PC GROWTH
67.3%CURRENT US$
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About

Japan-Dominican Republic Trade: In 2022, Japan exported $341M to Dominican Republic. The main products that Japan exported to Dominican Republic were Cars ($117M), Delivery Trucks ($54.4M), and Buses ($20.1M). Over the past 5 years the exports of Japan to Dominican Republic have increased at an annualized rate of 4.02%, from $280M in 2017 to $341M in 2022.

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

Dominican Republic-Japan Trade: In 2022, Dominican Republic exported $98.3M to Japan. The main products that Dominican Republic exported to Japan were Medical Instruments ($63.6M), Ferroalloys ($7.18M), and Knit T-shirts ($3.73M). Over the past 5 years the exports of Dominican Republic to Japan have increased at an annualized rate of 4.96%,  from $77.2M in 2017 to $98.3M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $341M to Dominican Republic. The main products exported from Japan to Dominican Republic were Cars ($117M), Delivery Trucks ($54.4M), and Buses ($20.1M). During the last 5 years the exports of Japan to Dominican Republic have increased at an annualized rate of 4.02%, from $280M in 2017 to $341M in 2022.

In 2017, Dominican Republic exported $98.3M to Japan. The main products exported from Dominican Republic to Japan were Medical Instruments ($63.6M), Ferroalloys ($7.18M), and Knit T-shirts ($3.73M). During the last 5 years the exports of Dominican Republic to Japan have increased at an annualized rate of 4.96%, from $77.2M in 2022 to $98.3M in 2017.

Exports from Japan (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Japan than Dominican Republic included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Dominican Republic than Japan included Haiti ($1.02B), Cuba ($37.3M), and Turks and Caicos Islands ($24.4M).

Difference in imports from Dominican Republic (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Dominican Republic

Flow
Scale

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

During 2022, Japan had a large net trade with Dominican Republic in the exports of Transportation ($224M), Machines ($51.6M), and Plastics and Rubbers ($20.5M).

During 2017, Dominican Republic had a large net trade with Japan in the exports of Instruments ($66.4M), Metals ($8.96M), and Chemical Products ($5.06M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Dominican Republic+$56.7MCars
Top Product Potential Dominican Republic Japan+$33MMedical 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 Japan and Dominican Republic. This means that a dot/product with the flag of Japan 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 Japan.

Product Space of Japan (Flag) and Dominican Republic (Flag) (2022)

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