2022
Exports
$1.03MWorld Rnk 63 / 145
Flag Rnk 347 / 1030
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$12.3MWorld Rnk 76 / 203
Flag Rnk 332 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.03M in Carboxylic Acids, making it the 63rd largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 347th most exported product in Dominican Republic. The main destination of Carboxylic Acids exports from Dominican Republic are: Haiti ($663k), Dominican Republic ($172k), Cuba ($89.2k), Colombia ($57.9k), and El Salvador ($44.2k).

The fastest growing export markets for Carboxylic Acids of Dominican Republic between 2021 and 2022 were Haiti ($467k), Dominican Republic ($172k), and Cuba ($84.6k).

Imports In 2022, Dominican Republic imported $12.3M in Carboxylic Acids, becoming the 76th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 332nd most imported product in Dominican Republic. Dominican Republic imports Carboxylic Acids primarily from: China ($7.37M), Uruguay ($1.13M), United States ($1.06M), Guatemala ($788k), and Brazil ($662k).

The fastest growing import markets in Carboxylic Acids for Dominican Republic between 2021 and 2022 were China ($4.13M), Uruguay ($878k), and Guatemala ($366k).

COMPANIES In 2023, leading companies such as Harvey Imports (7) and Baxter Healthcare (1) were at the forefront of shipping Carboxylic Acids from Dominican Republic to the United States.

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 Carboxylic Acids. 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)$1.03M
IMPORTS (2022)$12.3M
NET TRADE (2022)-$11.3M

In 2022, Dominican Republic exported $1.03M in Carboxylic Acids. The main destinations of Dominican Republic exports on Carboxylic Acids were Haiti ($663k), Dominican Republic ($172k), Cuba ($89.2k), Colombia ($57.9k), and El Salvador ($44.2k).

In 2022, Dominican Republic imported $12.3M in Carboxylic Acids, mainly from China ($7.37M), Uruguay ($1.13M), United States ($1.06M), Guatemala ($788k), and Brazil ($662k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$467k (237%)
Cuba$84.6k (1.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Dominican Republic WERE (2021 - 2022):
Venezuela-$9.75k (-100%)
Guatemala-$6.3k (-100%)
Colombia-$4.76k (-7.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Dominican Republic's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $586
TOP IMPORT POTENTIALChina+ $1.42M

Carboxylic Acids’s highest export potential is United States. With an export gap of $586.   Carboxylic Acids’s highest import potential is China with an import gap of $1.42M.

See methodology.

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