2022
Flag  
GDP
$114BCURRENT US$
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2012-2022
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GDP GROWTH
87.3%CURRENT US$
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2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
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2022
Flag
GDP PC 
$10,121CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
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2022
Flag
GDP PC
$24,918CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

Dominican Republic-Turks and Caicos Islands In 2022, Dominican Republic exported $24.4M to Turks and Caicos Islands. The main products that Dominican Republic exported to Turks and Caicos Islands are Raw Iron Bars ($6.73M), Cement Articles ($4.17M), and Cement ($2.91M). During the last 26 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 18.6%, from $288k in 1996 to $24.4M in 2022.

In 2022, Dominican Republic did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Dominican Republic In 2022, Turks and Caicos Islands exported $204k to Dominican Republic. The main products that Turks and Caicos Islands exported to Dominican Republic were Passenger and Cargo Ships ($160k), Textile Processing Machines ($16.8k), and Coffee ($12.5k). During the last 26 years the exports of Turks and Caicos Islands to Dominican Republic have increased at an annualized rate of 9.71%, from $18.3k in 1996 to $204k in 2022.

In 2022, Turks and Caicos Islands did not export any services to Dominican Republic.

Comparison In 2022,  Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07),  and 92 in total exports ($13.8B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $24.4M to Turks and Caicos Islands. The main products exported from Dominican Republic to Turks and Caicos Islands were Raw Iron Bars ($6.73M), Cement Articles ($4.17M), and Cement ($2.91M). During the last 26 years the exports of Dominican Republic to Turks and Caicos Islands have increased at an annualized rate of 18.6%, from $288k in 1996 to $24.4M in 2022.

In 2022, Turks and Caicos Islands exported $204k to Dominican Republic. The main products exported from Turks and Caicos Islands to Dominican Republic were Passenger and Cargo Ships ($160k), Textile Processing Machines ($16.8k), and Coffee ($12.5k). During the last 23 years the exports of Turks and Caicos Islands to Dominican Republic have increased at an annualized rate of 9.71%, from $18.3k in 1999 to $204k in 2022.

Exports from Dominican Republic (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Turks and Caicos Islands (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2021, countries that imported more from Dominican Republic than Turks and Caicos Islands were United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

In 2021, countries that imported more from Turks and Caicos Islands than Dominican Republic were Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Turks and Caicos Islands

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Turks and Caicos Islands in the exports of Metals ($8.21M), Stone And Glass ($4.8M), and Mineral Products ($3.98M).

During 2022, Turks and Caicos Islands had a large net trade with Dominican Republic in the exports of Transportation ($160k), Machines ($20k), and Vegetable Products ($12.5k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Dominican Republic has comparative advantage over Turks and Caicos Islands. Similarly, the more yellow a dot/product is, the more Turks and Caicos Islands has comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Turks and Caicos Islands (Flag) (2022)

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