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Pricing

2022
Flag → Flag
Exports $952Rnk 89 / 105
2022
Flag → Flag
Top Product $506Non-Knit Women's Suits
2022
Flag → Flag
Exports $5.5kRnk 159 / 163
2022
Flag → Flag
Top Product $5.5kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Guinea-Dominican Republic Trade: In 2022, Guinea exported $952 to Dominican Republic. The main products that Guinea exported to Dominican Republic were Non-Knit Women's Suits ($506), Knit Sweaters ($290), and Other Non-Knit Clothing Accessories ($156). Over the past 11 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 45.7%, from $794k in 2011 to $952 in 2022.

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

Dominican Republic-Guinea Trade: In 2022, Dominican Republic exported $5.5k to Guinea. The main products that Dominican Republic exported to Guinea were Broadcasting Equipment ($5.5k). Over the past 11 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 61.1%,  from $621k in 2011 to $5.5k in 2022.

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

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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, Guinea exported $952 to Dominican Republic. The main products exported from Guinea to Dominican Republic were Non-Knit Women's Suits ($506), Knit Sweaters ($290), and Other Non-Knit Clothing Accessories ($156). During the last 11 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 45.7%, from $794k in 2011 to $952 in 2022.

In 2017, Dominican Republic exported $5.5k to Guinea. The main products exported from Dominican Republic to Guinea were Broadcasting Equipment ($5.5k). During the last 5 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 61.1%, from $621k in 2022 to $5.5k in 2017.

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

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

Latest Data

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

Dominican Republic Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Guinea than Dominican Republic included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

In 2022, countries that imported more from Dominican Republic than Guinea included United States ($6.85B), Haiti ($1.02B), and Switzerland ($1.08B).

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

Comparative Advantage Guinea - Dominican Republic

Flow
Scale

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

During 2022, Guinea had a large net trade with Dominican Republic in the exports of Textiles ($952).

During 2017, Dominican Republic had a large net trade with Guinea in the exports of Machines ($5.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Dominican Republic+$4.08kGold
Top Product Potential Dominican Republic Guinea+$2.54kRolled Tobacco

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

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

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