2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Malaysia-Dominican Republic Trade: In 2022, Malaysia exported $72.4M to Dominican Republic. The main products that Malaysia exported to Dominican Republic were Insulated Wire ($13M), Petroleum Jelly ($10.2M), and Raw Aluminium ($4.15M). Over the past 5 years the exports of Malaysia to Dominican Republic have increased at an annualized rate of 4.4%, from $58.4M in 2017 to $72.4M in 2022.

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

Dominican Republic-Malaysia Trade: In 2022, Dominican Republic exported $9.14M to Malaysia. The main products that Dominican Republic exported to Malaysia were Copper Ore ($5M), Scrap Copper ($814k), and Cocoa Beans ($784k). Over the past 5 years the exports of Dominican Republic to Malaysia have increased at an annualized rate of 7.87%,  from $6.25M in 2017 to $9.14M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). 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, Malaysia exported $72.4M to Dominican Republic. The main products exported from Malaysia to Dominican Republic were Insulated Wire ($13M), Petroleum Jelly ($10.2M), and Raw Aluminium ($4.15M). During the last 5 years the exports of Malaysia to Dominican Republic have increased at an annualized rate of 4.4%, from $58.4M in 2017 to $72.4M in 2022.

In 2017, Dominican Republic exported $9.14M to Malaysia. The main products exported from Dominican Republic to Malaysia were Copper Ore ($5M), Scrap Copper ($814k), and Cocoa Beans ($784k). During the last 5 years the exports of Dominican Republic to Malaysia have increased at an annualized rate of 7.87%, from $6.25M in 2022 to $9.14M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Malaysia than Dominican Republic included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Dominican Republic than Malaysia included Haiti ($1.02B), Switzerland ($1.08B), and Jamaica ($139M).

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

Comparative Advantage Malaysia - Dominican Republic

Flow
Scale

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

During 2022, Malaysia had a large net trade with Dominican Republic in the exports of Machines ($25.9M), Mineral Products ($10.2M), and Miscellaneous ($8.27M).

During 2017, Dominican Republic had a large net trade with Malaysia in the exports of Mineral Products ($5M), Metals ($1.52M), and Foodstuffs ($884k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Dominican Republic+$2.45MOther Furniture
Top Product Potential Dominican Republic Malaysia+$1.1MCocoa Beans

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

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

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