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Pricing

2022
Flag → Flag
Exports $420kRnk 113 / 163
2022
Flag → Flag
Top Product $167kRecovered Paper
2022
Flag → Flag
Exports $27.5MRnk 88 / 138
2022
Flag → Flag
Top Product $11.8MPropylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

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.

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.

Comparison: In 2022,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $420k in 2022.

In 2017, 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 2022 to $27.5M in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Saudi Arabia Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Saudi Arabia
Top DestinationChina$68B

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

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

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

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

Comparative Advantage Dominican Republic - Saudi Arabia

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Saudi Arabia+$6.15kGold
Top Product Potential Saudi Arabia Dominican Republic+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 Dominican Republic and Saudi Arabia. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Dominican Republic.

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

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