2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Dominican Republic In 2022, Italy exported $659M to Dominican Republic. The main products that Italy exported to Dominican Republic are Jewellery ($157M), Gold ($109M), and Other Plastic Products ($21.2M). During the last 27 years the exports of Italy to Dominican Republic have increased at an annualized rate of 8.59%, from $71.2M in 1995 to $659M in 2022.

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

Dominican Republic-Italy In 2022, Dominican Republic exported $269M to Italy. The main products that Dominican Republic exported to Italy were Petroleum Gas ($151M), Ferroalloys ($57.9M), and Medical Instruments ($12.7M). During the last 27 years the exports of Dominican Republic to Italy have increased at an annualized rate of 9.9%, from $21.1M in 1995 to $269M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $659M to Dominican Republic. The main products exported from Italy to Dominican Republic were Jewellery ($157M), Gold ($109M), and Other Plastic Products ($21.2M). During the last 27 years the exports of Italy to Dominican Republic have increased at an annualized rate of 8.59%, from $71.2M in 1995 to $659M in 2022.

In 2022, Dominican Republic exported $269M to Italy. The main products exported from Dominican Republic to Italy were Petroleum Gas ($151M), Ferroalloys ($57.9M), and Medical Instruments ($12.7M). During the last 27 years the exports of Dominican Republic to Italy have increased at an annualized rate of 9.9%, from $21.1M in 1995 to $269M in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Dominican Republic
Top Destination
United States$6.85B

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

In 2021, countries that imported more from Italy than Dominican Republic were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Dominican Republic than Italy were Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

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

Comparative Advantage Italy - Dominican Republic

Flow
Scale

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

During 2022, Italy had a large net trade with Dominican Republic in the exports of Precious Metals ($266M), Machines ($157M), and Foodstuffs ($40.9M).

During 2022, Dominican Republic had a large net trade with Italy in the exports of Mineral Products ($151M), Metals ($58.8M), and Foodstuffs ($19.4M).

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 Italy has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Italy.

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

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