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Pricing

2019
Exports $64World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2019
Imports $257MWorld Rnk 36 / 174
Flag Rnk 17 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Imports In 2022, Dominican Republic imported $257M in Soybean Meal, becoming the 36th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 17th most imported product in Dominican Republic. Dominican Republic imports Soybean Meal primarily from: United States ($230M), Argentina ($26.5M), and Brazil ($59.8k).

The fastest growing import markets in Soybean Meal for Dominican Republic between 2021 and 2022 were Argentina ($24.1M), United States ($1.5M), and Brazil ($8.72k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soybean Meal. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2019)$64
IMPORTS (2022)$257M
NET TRADE (2022)-$257M

In 2022, Dominican Republic imported $257M in Soybean Meal, mainly from United States ($230M), Argentina ($26.5M), and Brazil ($59.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, Dominican Republic's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $484
TOP IMPORT POTENTIALBrazil+ $467k

Soybean Meal’s highest export potential is United States. With an export gap of $484.   Soybean Meal’s highest import potential is Brazil with an import gap of $467k.

See methodology.

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