2022
Exports
$42.8MWorld Rnk 29 / 167
Flag Rnk 49 / 1030
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$59.9MWorld Rnk 36 / 207
Flag Rnk 107 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $42.8M in Footwear Parts, making it the 29th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 49th most exported product in Dominican Republic. The main destination of Footwear Parts exports from Dominican Republic are: United States ($41.4M), Vietnam ($880k), Canada ($276k), Mexico ($159k), and Dominican Republic ($43.9k).

The fastest growing export markets for Footwear Parts of Dominican Republic between 2021 and 2022 were United States ($29.5M), Dominican Republic ($43.5k), and Vietnam ($6.2k).

Imports In 2022, Dominican Republic imported $59.9M in Footwear Parts, becoming the 36th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 107th most imported product in Dominican Republic. Dominican Republic imports Footwear Parts primarily from: China ($36.1M), United States ($8.72M), Hong Kong ($6.36M), Cambodia ($4.08M), and Mexico ($1.41M).

The fastest growing import markets in Footwear Parts for Dominican Republic between 2021 and 2022 were China ($3.43M), Cambodia ($2.21M), and Mexico ($984k).

COMPANIES In 2023, leading companies such as Old Navy (151) were at the forefront of shipping Footwear Parts from Dominican Republic to the United States.

Latest Trends

Jul 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 Footwear Parts. 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)$42.8M
IMPORTS (2022)$59.9M
NET TRADE (2022)-$17M

In 2022, Dominican Republic exported $42.8M in Footwear Parts. The main destinations of Dominican Republic exports on Footwear Parts were United States ($41.4M), Vietnam ($880k), Canada ($276k), Mexico ($159k), and Dominican Republic ($43.9k).

In 2022, Dominican Republic imported $59.9M in Footwear Parts, mainly from China ($36.1M), United States ($8.72M), Hong Kong ($6.36M), Cambodia ($4.08M), and Mexico ($1.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$29.5M (248%)
Dominican Republic$43.5k (11k%)
Vietnam$6.2k (0.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Dominican Republic WERE (2021 - 2022):
Canada-$347k (-55.7%)
Mexico-$51.8k (-24.6%)
Philippines-$28.5k (-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 Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Dominican Republic's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $895k
TOP IMPORT POTENTIALItaly+ $598k

Footwear Parts’s highest export potential is Vietnam. With an export gap of $895k.   Footwear Parts’s highest import potential is Italy with an import gap of $598k.

See methodology.

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