2022
Exports
$2.16MWorld Rnk 69 / 187
Flag Rnk 251 / 1030
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$73.7MWorld Rnk 61 / 213
Flag Rnk 89 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.16M in Rubberworking Machinery, making it the 69th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 251st most exported product in Dominican Republic. The main destination of Rubberworking Machinery exports from Dominican Republic are: United States ($666k), Honduras ($601k), Colombia ($146k), China ($143k), and Cambodia ($136k).

The fastest growing export markets for Rubberworking Machinery of Dominican Republic between 2021 and 2022 were Honduras ($601k), United States ($419k), and Colombia ($145k).

Imports In 2022, Dominican Republic imported $73.7M in Rubberworking Machinery, becoming the 61st largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 89th most imported product in Dominican Republic. Dominican Republic imports Rubberworking Machinery primarily from: China ($20M), United States ($17.5M), Austria ($13.6M), Germany ($3.95M), and Chinese Taipei ($3.38M).

The fastest growing import markets in Rubberworking Machinery for Dominican Republic between 2021 and 2022 were United States ($4.36M), China ($4M), and Austria ($3.47M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (4) were at the forefront of shipping Rubberworking Machinery 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 Rubberworking Machinery. 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)$2.16M
IMPORTS (2022)$73.7M
NET TRADE (2022)-$71.5M

In 2022, Dominican Republic exported $2.16M in Rubberworking Machinery. The main destinations of Dominican Republic exports on Rubberworking Machinery were United States ($666k), Honduras ($601k), Colombia ($146k), China ($143k), and Cambodia ($136k).

In 2022, Dominican Republic imported $73.7M in Rubberworking Machinery, mainly from China ($20M), United States ($17.5M), Austria ($13.6M), Germany ($3.95M), and Chinese Taipei ($3.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Honduras$601k (1%)
United States$419k (170%)
Colombia$145k (14.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Dominican Republic WERE (2021 - 2022):
Costa Rica-$129k (-99.8%)
Ecuador-$85k (-99.1%)
Hong Kong-$81.8k (-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 Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Dominican Republic's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $442k
TOP IMPORT POTENTIALChina+ $3.9M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $442k.   Rubberworking Machinery’s highest import potential is China with an import gap of $3.9M.

See methodology.

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