2022
Exports
$331World Rnk 140 / 152
Flag Rnk 990 / 1030
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$3.08MWorld Rnk 104 / 219
Flag Rnk 590 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $331 in Fermented Milk Products, making it the 140th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 990th most exported product in Dominican Republic. The main destination of Fermented Milk Products exports from Dominican Republic are: United States ($303) and Bahamas ($28).

The fastest growing export markets for Fermented Milk Products of Dominican Republic between 2021 and 2022 were Bahamas ($28).

Imports In 2022, Dominican Republic imported $3.08M in Fermented Milk Products, becoming the 104th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 590th most imported product in Dominican Republic. Dominican Republic imports Fermented Milk Products primarily from: United States ($2.34M), Spain ($592k), Switzerland ($68.7k), Costa Rica ($65.6k), and Germany ($6.66k).

The fastest growing import markets in Fermented Milk Products for Dominican Republic between 2021 and 2022 were United States ($693k), Spain ($526k), and Switzerland ($55k).

COMPANIES In 2023, leading companies such as Old Navy (1) were at the forefront of shipping Fermented Milk Products from Dominican Republic to the United States.

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 Fermented Milk Products. 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 (2022)$331
IMPORTS (2022)$3.08M
NET TRADE (2022)-$3.08M

In 2022, Dominican Republic exported $331 in Fermented Milk Products. The main destinations of Dominican Republic exports on Fermented Milk Products were United States ($303) and Bahamas ($28).

In 2022, Dominican Republic imported $3.08M in Fermented Milk Products, mainly from United States ($2.34M), Spain ($592k), Switzerland ($68.7k), Costa Rica ($65.6k), and Germany ($6.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):Bahamas$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Dominican Republic WERE (2021 - 2022):
United States-$277k (-99.9%)
Spain-$30.8k (-100%)
Russia-$8.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Fermented Milk Products were:
In 2022, Dominican Republic's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $406
TOP IMPORT POTENTIALSpain+ $139k

Fermented Milk Products’s highest export potential is United States. With an export gap of $406.   Fermented Milk Products’s highest import potential is Spain with an import gap of $139k.

See methodology.

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