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Dominican Republic: Merchandise exports to high-income economies (% of total merchandise exports)

In , Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) was 81.49.

That's up 5.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Dominican Republic ranks #56 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #9 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Dominican Republic Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
96.21
Trough
67.44
1-year change
+5.9%
5-year change
+8.7%
+1.7% / yr
10-year change
+10.6%
+1.0% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
81.4882
76.9838
78.5594
83.1166
77.2368
74.9852
74.5544
75.3608
71.8340
75.8168

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) was 81.49, according to World Bank Open Data.
Is Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) rose 5.9% from 2022 to 2023.
How does Dominican Republic rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Dominican Republic ranked #56 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Dominican Republic's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #9 of 36.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.