2022
Exports
$2.98MWorld Rnk 51 / 148
Flag Rnk 222 / 1030
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$7.66MWorld Rnk 63 / 213
Flag Rnk 420 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.98M in Other Iron Bars, making it the 51st largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 222nd most exported product in Dominican Republic. The main destination of Other Iron Bars exports from Dominican Republic are: Haiti ($1.84M), Bahamas ($558k), Antigua and Barbuda ($453k), United States ($56.4k), and Guyana ($34.8k).

The fastest growing export markets for Other Iron Bars of Dominican Republic between 2021 and 2022 were Bahamas ($558k), Haiti ($488k), and Antigua and Barbuda ($260k).

Imports In 2022, Dominican Republic imported $7.66M in Other Iron Bars, becoming the 63rd largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 420th most imported product in Dominican Republic. Dominican Republic imports Other Iron Bars primarily from: China ($4.19M), Turkey ($2.85M), India ($282k), United States ($250k), and Spain ($72.3k).

The fastest growing import markets in Other Iron Bars for Dominican Republic between 2021 and 2022 were China ($4.01M), Turkey ($2.18M), and United States ($193k).

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 Other Iron Bars. 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)$2.98M
IMPORTS (2022)$7.66M
NET TRADE (2022)-$4.68M

In 2022, Dominican Republic exported $2.98M in Other Iron Bars. The main destinations of Dominican Republic exports on Other Iron Bars were Haiti ($1.84M), Bahamas ($558k), Antigua and Barbuda ($453k), United States ($56.4k), and Guyana ($34.8k).

In 2022, Dominican Republic imported $7.66M in Other Iron Bars, mainly from China ($4.19M), Turkey ($2.85M), India ($282k), United States ($250k), and Spain ($72.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Bahamas$558k (1%)
Haiti$488k (36%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Dominican Republic WERE (2021 - 2022):Montserrat-$9 (-0.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Other Iron Bars were:
In 2022, Dominican Republic's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $418
TOP IMPORT POTENTIALIndia+ $231k

Other Iron Bars’s highest export potential is United States. With an export gap of $418.   Other Iron Bars’s highest import potential is India with an import gap of $231k.

See methodology.

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