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Pricing

2022
Flag → Flag
Exports $1.04MRnk 73 / 155
2022
Flag → Flag
Top Product $432kRefractory Cements
2022
Flag → Flag
Exports $932kRnk 103 / 163
2022
Flag → Flag
Top Product $399kOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

North Macedonia-Dominican Republic Trade: In 2022, North Macedonia exported $1.04M to Dominican Republic. The main products that North Macedonia exported to Dominican Republic were Refractory Cements ($432k), Refractory Bricks ($407k), and Washing and Bottling Machines ($85.6k). Over the past 5 years the exports of North Macedonia to Dominican Republic have increased at an annualized rate of 155%, from $9.58k in 2017 to $1.04M in 2022.

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

Dominican Republic-North Macedonia Trade: In 2022, Dominican Republic exported $932k to North Macedonia. The main products that Dominican Republic exported to North Macedonia were Other Plastic Products ($399k), Special Pharmaceuticals ($165k), and Medical Instruments ($124k). Over the past 5 years the exports of Dominican Republic to North Macedonia have decreased at an annualized rate of 1.33%,  from $1.22M in 2017 to $932k in 2022.

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

Comparison: In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). 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, North Macedonia exported $1.04M to Dominican Republic. The main products exported from North Macedonia to Dominican Republic were Refractory Cements ($432k), Refractory Bricks ($407k), and Washing and Bottling Machines ($85.6k). During the last 5 years the exports of North Macedonia to Dominican Republic have increased at an annualized rate of 155%, from $9.58k in 2017 to $1.04M in 2022.

In 2017, Dominican Republic exported $932k to North Macedonia. The main products exported from Dominican Republic to North Macedonia were Other Plastic Products ($399k), Special Pharmaceuticals ($165k), and Medical Instruments ($124k). During the last 5 years the exports of Dominican Republic to North Macedonia have decreased at an annualized rate of 1.33%, from $1.22M in 2022 to $932k in 2017.

Exports from North Macedonia (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Dominican Republic (Flag)

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from North Macedonia than Dominican Republic included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

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

Difference in imports from Dominican Republic (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Dominican Republic

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Dominican Republic in the exports of Chemical Products ($432k), Stone And Glass ($407k), and Machines ($86.2k).

During 2017, Dominican Republic had a large net trade with North Macedonia in the exports of Plastics and Rubbers ($399k), Chemical Products ($276k), and Instruments ($158k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Dominican Republic+$74.2kIron Structures
Top Product Potential Dominican Republic North Macedonia+$235kMedical 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 North Macedonia and Dominican Republic. This means that a dot/product with the flag of North Macedonia 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 North Macedonia.

Product Space of North Macedonia (Flag) and Dominican Republic (Flag) (2022)

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