2022
Exports
$1.84MWorld Rnk 116 / 195
Flag Rnk 76 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$914MWorld Rnk 48 / 222
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.84M in Cereals, making it the 116th largest exporter of Cereals in the world. At the same year, Cereals was the 76th most exported product in Dominican Republic. The main destination of Cereals exports from Dominican Republic are: Haiti ($1.53M), Netherlands ($89.8k), Guatemala ($71.3k), Curaçao ($46.9k), and British Virgin Islands ($22.7k).

The fastest growing export markets for Cereals of Dominican Republic between 2021 and 2022 were Haiti ($794k), Guatemala ($69.6k), and Curaçao ($45.3k).

Imports In 2022, Dominican Republic imported $914M in Cereals, becoming the 48th largest importer of Cereals in the world. At the same year, Cereals was the 7th most imported product in Dominican Republic. Dominican Republic imports Cereals primarily from: United States ($430M), Brazil ($212M), Canada ($206M), Argentina ($66.2M), and Italy ($393k).

The fastest growing import markets in Cereals for Dominican Republic between 2021 and 2022 were United States ($180M), Brazil ($77.1M), and Canada ($54.2M).

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 Cereals. 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)$1.84M
IMPORTS (2022)$914M
NET TRADE (2022)-$913M

In 2022, Dominican Republic exported $1.84M in Cereals. The main destinations of Dominican Republic exports on Cereals were Haiti ($1.53M), Netherlands ($89.8k), Guatemala ($71.3k), Curaçao ($46.9k), and British Virgin Islands ($22.7k).

In 2022, Dominican Republic imported $914M in Cereals, mainly from United States ($430M), Brazil ($212M), Canada ($206M), Argentina ($66.2M), and Italy ($393k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$794k (108%)
Guatemala$69.6k (4.1k%)
Curaçao$45.3k (2.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Dominican Republic WERE (2021 - 2022):
Aruba-$26.5k (-57%)
Cuba-$16.9k (-100%)
United States-$16.1k (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Cereals were:
In 2022, Dominican Republic's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $54.3k
TOP IMPORT POTENTIALThailand+ $395k

Cereals’s highest export potential is United States. With an export gap of $54.3k.   Cereals’s highest import potential is Thailand with an import gap of $395k.

See methodology.

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