Dominican Export Tradedata - Global Import Export Data | Tendata

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ten data blog05-12-2023

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Dominican exports to the world in 2022 are valued at US$12.4 billion. This represents a 4.7% year-on-year increase compared to 2021 exports of US$11.8 billion.

Top Trading Partners of the Dominican Republic

The latest country-specific data shows that 88.1% of the Dominican Republic's exports were purchased by importers from the following countries: the United States (56% of the Dominican Republic's total), Haiti (8.4%), Switzerland (8.4%), the Netherlands (3.6%), India (2.8%), Mainland China (2.5%), South Korea (1.7%), Italy (1.1%), Germany (1.1%), Belgium (1%), Canada (0.9%) and Jamaica (0.8%).

The Dominican Republic's Top 10 Exports

1. Gemstones, precious metals: US$2.1 billion (17.1% of total exports)

2. Optical, technical, medical devices: $1.4 billion (11.5%)

3. Tobacco, artificial substitutes: $1.23 billion (9.9%)

4. Motors, equipment: $1.21 billion (9.8%)

5. Iron and steel: $786 million (6.3%)

6. Plastics, plastic products: $703.7 million (5.7%)

7. Knit or crocheted apparel, accessories: $545.4 million (4.4%)

8. Pharmaceuticals: $485.4 million (3.9%)

9. Fruits, nuts: $380.2 million (3.1%)

10. Footwear: $227.2 million (1.8%)

The Dominican Republic's top ten exports account for almost three-quarters (73.5%) of its total global exports.

Plastics as materials and plastic products are the fastest growing of the country's top ten export categories, growing by 28.9% from 2021 to 2022. The second highest improvement in export sales was in iron and steel metal, which grew by 22.5 %. Knitted or crocheted apparel and accessories exports from the Dominican Republic grew the third fastest, up 22.3 %.

The worst decline among the Dominican Republic's top ten export categories was Gemstones and Precious Metals, down -17.1% year-over-year. This product category experienced lower international sales of gold and jewelry exports from the Dominican Republic.

Drilling down into the more detailed four-digit HTS codes, the Dominican Republic's most valuable export in 2022 is electronic medical equipment including X-rays (11.13% of the country's global total). In second place is unforged gold (11.12 %), followed by cigars and cigarettes (8.2 %), low-voltage switches or fuses (6.8 %), jewelry (5.3 %), ferro-alloys (4.3 %), knitted or crocheted T-shirts and tank tops (3.3 %), sewing threads and specialty pharmaceuticals (3.1 %), bananas and plantain (1.9 %), and then cocoa beans (1.7 %).

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