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2022
Exports $7.72kWorld Rnk 100 / 128
Flag Rnk 878 / 1030
falsefalse India
2021 - 2022
FASTEST GROWING MARKETfalseIndia
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $20.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $7.72k in Iron Ore, making it the 100th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 878th most exported product in Dominican Republic. The main destination of Iron Ore exports from Dominican Republic are: India ($7.31k), Canada ($400), and South Africa ($11).

The fastest growing export markets for Iron Ore of Dominican Republic between 2021 and 2022 were India ($7.31k), Canada ($400), and South Africa ($11).

Imports In 2021, Dominican Republic imported $20.4k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Dominican Republic. Dominican Republic imports Iron Ore primarily from: N/A.

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 Iron Ore. 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)$7.72k
IMPORTS (2021)$20.4k
NET TRADE (2022)$7.72k

In 2022, Dominican Republic exported $7.72k in Iron Ore. The main destinations of Dominican Republic exports on Iron Ore were India ($7.31k), Canada ($400), and South Africa ($11).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
India$7.31k (1%)
Canada$400 (1%)
South Africa$11 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Dominican Republic WERE (2021 - 2022):
United States-$250 (-100%)
Peru-$200 (-100%)
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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 Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Dominican Republic's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.17k
TOP IMPORT POTENTIALBrazil+ $754

Iron Ore’s highest export potential is China. With an export gap of $1.17k.   Iron Ore’s highest import potential is Brazil with an import gap of $754.

See methodology.

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