Refined Petroleum in Dominican Republic

EXPORTS (2018): $6.64M, World Rnk 134 / 198
Flag Rnk 100 / 735

TOP DESTINATION (2018): $3.88M, United States

FASTEST GROWING MARKET (2017 - 2018): $351k, Bolivia

IMPORTS (2018): $1.59B, World Rnk 78 / 221
Flag Rnk 1 / 1121

TOP ORIGIN (2018): $1.38B, United States

FASTEST GROWING ORIGIN (2017 - 2018): $228M, United States

ECONOMIC COMPLEXITY of Dominican Republic (2018): -0.19, Rnk 76 / 137

Overview: This page contains the latest trade data of Refined Petroleum in Dominican Republic.

Exports: In 2018, Dominican Republic exported $6.64M in Refined Petroleum, making it the 134th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 100th most exported product in Dominican Republic. The main destination of Refined Petroleum exports from Dominican Republic are: United States ($3.88M), Guyana ($689k), Saint Vincent and the Grenadines ($652k), Barbados ($617k), and Bolivia ($356k).

The fastest growing export markets for Refined Petroleum of Dominican Republic between 2017 and 2018 were Bolivia ($351k), Saint Vincent and the Grenadines ($317k), and Barbados ($217k).

Imports: In 2018, Dominican Republic imported $1.59B in Refined Petroleum, becoming the 78th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Dominican Republic. Dominican Republic imports Refined Petroleum primarily from: United States ($1.38B), Netherlands ($87.7M), Russia ($47.6M), Greece ($12.9M), and Spain ($11.8M).

The fastest growing import markets in Refined Petroleum for Dominican Republic between 2017 and 2018 were United States ($228M), Russia ($44M), and Greece ($10.3M).

Tariffs: In 2018, the average tariff for Dominican Republic in Refined Petroleum was 6.3%. The countries with the highest import tariffs for Refined Petroleum were Angola (6.95%), Burundi (6.95%), Benin (6.95%), Burkina Faso (6.95%), and Botswana (6.95%).

Value

EXPORTS (2018): $6.64M

IMPORTS (2018): $1.59B

NET TRADE (2018): -$1.58B

In 2018, Dominican Republic exported $6.64M in Refined Petroleum. The main destinations of Dominican Republic exports on Refined Petroleum were United States ($3.88M), Guyana ($689k), Saint Vincent and the Grenadines ($652k), Barbados ($617k), and Bolivia ($356k).

In 2018, Dominican Republic imported $1.59B in Refined Petroleum, mainly from United States ($1.38B), Netherlands ($87.7M), Russia ($47.6M), Greece ($12.9M), and Spain ($11.8M).

Explore Visualizations

IN 2018, Dominican Republic HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • Guyana, $689k ($689k - $0)
  • Saint Vincent and the Grenadines, $652k ($652k - $0)
  • Barbados, $617k ($617k - $0)

IN 2018, Dominican Republic HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • United States, -$1.38B ($3.88M - $1.38B)
  • Netherlands, -$87.7M ($0 - $87.7M)
  • Russia, -$47.6M ($0 - $47.6M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Dominican Republic WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Dominican Republic WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Dominican Republic's main exporting competitors in Refined Petroleum were:

In 2018, Dominican Republic's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Dominican Republic. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2018, the average tariff for Dominican Republic in Refined Petroleum was 6.3%.

The countries with the highest tariffs for Refined Petroleum in Dominican Republic were Angola (6.95%), Burundi (6.95%), Benin (6.95%), Burkina Faso (6.95%), and Botswana (6.95%).

Explore Tariff Data