{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:59.575Z",
  "seo": {
    "title": "Venezuela exports to Dominican Republic: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Venezuela to Dominican Republic, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "VEN",
    "country_name": "Venezuela"
  },
  "importer": {
    "iso3": "DOM",
    "country_name": "Dominican Republic"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "VEN",
    "importer_iso3": "DOM",
    "all_history_lane_count": 108,
    "current_lane_count": 13,
    "current_product_count": 13,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 35686157.35151009,
    "attention_trade_usd": 32925751.192525063,
    "critical_trade_usd": 19976670.7702706,
    "high_volatility_trade_usd": 34397910.362879604,
    "unrecovered_drawdown_trade_usd": 27247769.66261626,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 27278872.3900092,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 1,
    "high_attention_lane_count": 2,
    "high_volatility_lane_count": 9,
    "unrecovered_drawdown_lane_count": 8,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 7,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.2276719841346733,
    "trade_weighted_below_peak_pct": 48.80179791346653,
    "product_concentration_hhi": 3807.1752926202453,
    "top1_product_share_pct": 55.97876670637185,
    "top3_product_share_pct": 92.26477053330534,
    "top_product_hs6": "720720",
    "top_product_trade_usd": 19976670.7702706,
    "top_product_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon",
    "top_attention_product_hs6": "720720",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 932.9859008789062,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.9900000095367432,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 9.760514985454543,
    "avg_mfn_tariff_pct": 9.760514985454543,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 16.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 94243.45393700001,
    "buyer_gdp_pc_latest": 8604,
    "buyer_population_latest": 10953.714,
    "buyer_gdp_5y_cagr_pct": 6.871355741486029,
    "buyer_gdp_pc_5y_cagr_pct": 5.854288297912791,
    "buyer_population_5y_cagr_pct": 0.9608183663857295,
    "buyer_investment_5y_avg_pct": 25.703999999999997,
    "buyer_savings_5y_avg_pct": 18.256,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 92.26477053330534,
    "critical_trade_share_pct": 55.97876670637185,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Critical attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 94243.45393700001,
    "buyer_gdp_pc_2024": 8604,
    "buyer_population_2024": 10953.714
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 241732420.3130791,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 349423458.7648192,
      "yoy_growth_pct": 44.549687754859015,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 335140933.4999998,
      "yoy_growth_pct": -4.08745460745733,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 287738844.2974156,
      "yoy_growth_pct": -14.143927066009754,
      "cagr_3y_pct": 5.979336979060257
    },
    {
      "year": 1999,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 562259662.4999998,
      "yoy_growth_pct": 95.40624202925869,
      "cagr_3y_pct": 17.1821934792002
    },
    {
      "year": 2000,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 652275696.0024436,
      "yoy_growth_pct": 16.009690807660213,
      "cagr_3y_pct": 24.853649277203637
    },
    {
      "year": 2001,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 752624196.6162949,
      "yoy_growth_pct": 15.384369098657235,
      "cagr_3y_pct": 37.78223562228611
    },
    {
      "year": 2002,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1057185637.031697,
      "yoy_growth_pct": 40.46660229430208,
      "cagr_3y_pct": 23.425465979730586
    },
    {
      "year": 2003,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 210813647.9237036,
      "yoy_growth_pct": -80.05897540231311,
      "cagr_3y_pct": -31.3739226399826
    },
    {
      "year": 2004,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 97628893.28187242,
      "yoy_growth_pct": -53.68948156657976,
      "cagr_3y_pct": -49.37868805426503
    },
    {
      "year": 2005,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 99980301.38067906,
      "yoy_growth_pct": 2.4085165976609924,
      "cagr_3y_pct": -54.43957893500506
    },
    {
      "year": 2006,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 87179202.46967314,
      "yoy_growth_pct": -12.803621047575376,
      "cagr_3y_pct": -25.497406797473644
    },
    {
      "year": 2007,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 839988572.102192,
      "yoy_growth_pct": 863.5194499449536,
      "cagr_3y_pct": 104.91087310219535
    },
    {
      "year": 2008,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1094303578.253779,
      "yoy_growth_pct": 30.276007864622144,
      "cagr_3y_pct": 122.02802336913408
    },
    {
      "year": 2009,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 890432290.3990732,
      "yoy_growth_pct": -18.63023130930731,
      "cagr_3y_pct": 116.968158527761
    },
    {
      "year": 2010,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1183893432.6646934,
      "yoy_growth_pct": 32.95715411826507,
      "cagr_3y_pct": 12.119136573473366
    },
    {
      "year": 2011,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1203344735.006282,
      "yoy_growth_pct": 1.642994361224548,
      "cagr_3y_pct": 3.21688483884619
    },
    {
      "year": 2012,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1323395906.5069003,
      "yoy_growth_pct": 9.97645712057662,
      "cagr_3y_pct": 14.12031508520364
    },
    {
      "year": 2013,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 1285416266.159141,
      "yoy_growth_pct": -2.8698623111209742,
      "cagr_3y_pct": 2.780421244069542
    },
    {
      "year": 2014,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 991940194.1345438,
      "yoy_growth_pct": -22.83120882712274,
      "cagr_3y_pct": -6.2369321199091
    },
    {
      "year": 2015,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 305659601.2730887,
      "yoy_growth_pct": -69.18568245540517,
      "cagr_3y_pct": -38.64507657324684
    },
    {
      "year": 2016,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 69398861.82874131,
      "yoy_growth_pct": -77.29537644500898,
      "cagr_3y_pct": -62.204840233389966
    },
    {
      "year": 2017,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 30207062.695522252,
      "yoy_growth_pct": -56.47325921559696,
      "cagr_3y_pct": -68.77222778637618
    },
    {
      "year": 2018,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 93595095.52618776,
      "yoy_growth_pct": 209.84507321879343,
      "cagr_3y_pct": -32.59817075096304
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 15964870.429263324,
      "yoy_growth_pct": -82.9426207222617,
      "cagr_3y_pct": -38.726735840710994
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 4695565.00164705,
      "yoy_growth_pct": -70.58814211833399,
      "cagr_3y_pct": -46.23168170341363
    },
    {
      "year": 2021,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 12631905.686750878,
      "yoy_growth_pct": 169.0178004632035,
      "cagr_3y_pct": -48.705366926051674
    },
    {
      "year": 2022,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 78476071.36899178,
      "yoy_growth_pct": 521.2528284730809,
      "cagr_3y_pct": 70.02937239448464
    },
    {
      "year": 2023,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 39370572.39698339,
      "yoy_growth_pct": -49.83111194256359,
      "cagr_3y_pct": 103.15520665676705
    },
    {
      "year": 2024,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "export_value_usd": 40716958.64411179,
      "yoy_growth_pct": 3.4197781875062505,
      "cagr_3y_pct": 47.71870288961158
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "720720",
      "hs_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon",
      "buyer_imports_latest_usd": 342596642.78158605,
      "current_below_peak_pct": 52.703107791346795,
      "lane_volatility_cv": 1.120374361270438,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "720711",
      "hs_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (including square) cross-section, width less than twice thickness",
      "buyer_imports_latest_usd": 29992450.979731556,
      "current_below_peak_pct": 65.64909397881186,
      "lane_volatility_cv": 1.1344794425870934,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "220840",
      "hs_description": "Rum and other spirits obtained by distilling fermented sugar-cane products",
      "buyer_imports_latest_usd": 11623488.647756971,
      "current_below_peak_pct": 28.202765916144017,
      "lane_volatility_cv": 1.7590126718836547,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "701090",
      "hs_description": "Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods",
      "buyer_imports_latest_usd": 92547351.15331022,
      "current_below_peak_pct": 36.85285535549715,
      "lane_volatility_cv": 0.8347321861521645,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "830140",
      "hs_description": "Locks: (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal",
      "buyer_imports_latest_usd": 15631893.890425345,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0193267410426592,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "030389",
      "hs_description": "Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99",
      "buyer_imports_latest_usd": 11052337.056285534,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2750418939006154,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "392350",
      "hs_description": "Plastics: stoppers, lids, caps and other closures, for the conveyance or packing of goods",
      "buyer_imports_latest_usd": 36499704.27748139,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9223435748400702,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "680710",
      "hs_description": "Asphalt or similar material: articles (e.g. petroleum bitumen or coal tar pitch) in rolls",
      "buyer_imports_latest_usd": 12267534.524082882,
      "current_below_peak_pct": 76.11846328319898,
      "lane_volatility_cv": 0.6136122015411672,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "271500",
      "hs_description": "Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (e.g. bituminous mastics, cut-backs)",
      "buyer_imports_latest_usd": 20146592.391034592,
      "current_below_peak_pct": 98.9173664948417,
      "lane_volatility_cv": 2.7463594259827127,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "hs_code": "842139",
      "hs_description": "Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines",
      "buyer_imports_latest_usd": 18764079.805059984,
      "current_below_peak_pct": 63.40026347105439,
      "lane_volatility_cv": 0.6182095329657182,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "VEN",
    "importer_iso3": "DOM",
    "distance_km": 943,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 94243.45393700001,
    "importer_gdp_per_capita_usd": 8603.789905140851,
    "importer_population": 10953.714,
    "importer_biz_entry_days": 16.5,
    "importer_biz_entry_cost_pct": 13.7,
    "exporter_gdp_million_usd": 438283.56710399996,
    "exporter_gdp_per_capita_usd": 15268.57259496072,
    "avg_applied_tariff_pct": 9.760514985454543,
    "avg_mfn_tariff_pct": 9.760514985454543,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/VEN-DOM/risk",
    "html": "https://www.yugalinks.com/trade/corridor/VEN-DOM/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/VEN-DOM/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/VEN-DOM/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/VEN-DOM/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}