2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 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 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-Dominican Republic Trade: In 2022, Saudi Arabia exported $27.5M to Dominican Republic. The main products that Saudi Arabia exported to Dominican Republic were Propylene Polymers ($11.8M), Ethylene Polymers ($6.02M), and Iron Structures ($3.21M). Over the past 5 years the exports of Saudi Arabia to Dominican Republic have increased at an annualized rate of 24.9%, from $9.05M in 2017 to $27.5M in 2022.

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

Dominican Republic-Saudi Arabia Trade: In 2022, Dominican Republic exported $420k to Saudi Arabia. The main products that Dominican Republic exported to Saudi Arabia were Recovered Paper ($167k), Scrap Aluminium ($88.7k), and Building Stone ($67.9k). Over the past 5 years the exports of Dominican Republic to Saudi Arabia have decreased at an annualized rate of 37.7%,  from $4.48M in 2017 to $420k in 2022.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $27.5M to Dominican Republic. The main products exported from Saudi Arabia to Dominican Republic were Propylene Polymers ($11.8M), Ethylene Polymers ($6.02M), and Iron Structures ($3.21M). During the last 5 years the exports of Saudi Arabia to Dominican Republic have increased at an annualized rate of 24.9%, from $9.05M in 2017 to $27.5M in 2022.

In 2017, Dominican Republic exported $420k to Saudi Arabia. The main products exported from Dominican Republic to Saudi Arabia were Recovered Paper ($167k), Scrap Aluminium ($88.7k), and Building Stone ($67.9k). During the last 5 years the exports of Dominican Republic to Saudi Arabia have decreased at an annualized rate of 37.7%, from $4.48M in 2022 to $420k in 2017.

Exports from Saudi Arabia (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Dominican Republic (Flag)

Saudi Arabia Exports

Dominican Republic Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Saudi Arabia than Dominican Republic included China ($68B), India ($46.2B), and Japan ($36.5B).

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

Difference in imports from Dominican Republic (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Dominican Republic

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($21.6M), Metals ($3.31M), and Stone And Glass ($2.44M).

During 2017, Dominican Republic had a large net trade with Saudi Arabia in the exports of Paper Goods ($167k), Metals ($88.7k), and Stone And Glass ($67.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Dominican Republic+$8.51kCrude Petroleum
Top Product Potential Dominican Republic Saudi Arabia+$6.15kGold

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

Product Space of Saudi Arabia (Flag) and Dominican Republic (Flag) (2022)

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