HS Icon Cars in  Flag Dominican Republic

2019
Exports | Imports
: $359k | $741M, World Rnk 151 / 221
Flag Rnk 297 / 864 | World Rnk 74 / 225
Flag Rnk 2 / 1131

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $11.3k | $28.4M, Senegal |  United States

2019
ECONOMIC COMPLEXITY of Dominican Republic
: -0.14, Rnk 79 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports: In 2019, Dominican Republic exported $359k in Cars, making it the 151st largest exporter of Cars in the world. At the same year, Cars was the 297th most exported product in Dominican Republic. The main destination of Cars exports from Dominican Republic are: United States ($219k), Spain ($57.2k), Guatemala ($33.9k), South Korea ($14k), and Senegal ($13.9k).

The fastest growing export markets for Cars of Dominican Republic between 2018 and 2019 were Senegal ($11.3k), Belgium ($10.6k), and Spain ($3.44k).

Imports: In 2019, Dominican Republic imported $741M in Cars, becoming the 74th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Dominican Republic. Dominican Republic imports Cars primarily from: United States ($394M), Japan ($102M), South Korea ($98.6M), Germany ($24.7M), and Sweden ($22.3M).

The fastest growing import markets in Cars for Dominican Republic between 2018 and 2019 were United States ($28.4M), India ($7.25M), and Belgium ($6.26M).

Tariffs: In 2018, the average tariff for Dominican Republic in Cars was 14.1%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 15.4%), Burundi (Most Favoured Nation duty rate treatement, 15.4%), Benin (Most Favoured Nation duty rate treatement, 15.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 15.4%), and Botswana (Most Favoured Nation duty rate treatement, 15.4%).

Historical Data

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Value

EXPORTS (2019): $359k

IMPORTS (2019): $741M

NET TRADE (2019): -$741M

In 2019, Dominican Republic exported $359k in Cars. The main destinations of Dominican Republic exports on Cars were United States ($219k), Spain ($57.2k), Guatemala ($33.9k), South Korea ($14k), and Senegal ($13.9k).

In 2019, Dominican Republic imported $741M in Cars, mainly from United States ($394M), Japan ($102M), South Korea ($98.6M), Germany ($24.7M), and Sweden ($22.3M).

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IN 2019, Dominican Republic HAD A POSITIVE NET TRADE IN Cars WITH:: Venezuela , $3.1k ($58k - $54.9k)

IN 2019, Dominican Republic HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Dominican Republic WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Dominican Republic WERE (2018 - 2019):

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Market Concentration

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Flow
Type

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

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

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Tariffs by Country

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In 2018, the average tariff for Dominican Republic in Cars was 14.1%.

The countries with the highest tariffs for Cars in Dominican Republic were Angola (Most Favoured Nation duty rate treatement, 15.4%), Burundi (Most Favoured Nation duty rate treatement, 15.4%), Benin (Most Favoured Nation duty rate treatement, 15.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 15.4%), and Botswana (Most Favoured Nation duty rate treatement, 15.4%).