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2022
Exports $187MWorld Rnk 8 / 125
Flag Rnk 11 / 1030
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
PRODUCT COMPLEXITY IN Cocoa Beans-2.82Rnk 1025 / 1025
2022
Imports $71.5kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $187M in Cocoa Beans, making it the 8th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 11th most exported product in Dominican Republic. The main destination of Cocoa Beans exports from Dominican Republic are: United States ($58.6M), Netherlands ($30.9M), Switzerland ($21.1M), Belgium ($17.9M), and India ($15.5M).

The fastest growing export markets for Cocoa Beans of Dominican Republic between 2021 and 2022 were United States ($11.8M), India ($11.4M), and Switzerland ($8.42M).

Imports In 2021, Dominican Republic imported $71.5k in Cocoa Beans, becoming the 0th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 0th most imported product in Dominican Republic. Dominican Republic imports Cocoa Beans primarily from: N/A.

Latest Trends

Oct 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 Cocoa Beans. 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)$187M
IMPORTS (2021)$71.5k
NET TRADE (2022)$187M

In 2022, Dominican Republic exported $187M in Cocoa Beans. The main destinations of Dominican Republic exports on Cocoa Beans were United States ($58.6M), Netherlands ($30.9M), Switzerland ($21.1M), Belgium ($17.9M), and India ($15.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$11.8M (25.1%)
India$11.4M (275%)
Switzerland$8.42M (66.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Dominican Republic WERE (2021 - 2022):
Belgium-$27.8M (-60.8%)
Indonesia-$10.5M (-56.6%)
Netherlands-$9.73M (-23.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Cocoa Beans were:
Cote d'Ivoire $3.33B
Ghana $1.08B
Ecuador $937M
In 2022, Dominican Republic's main importing competitors in Cocoa Beans were:
Netherlands $1.68B
Malaysia $1.02B
United States $874M

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.57M
TOP IMPORT POTENTIALNigeria+ $523

Cocoa Beans’s highest export potential is Germany. With an export gap of $3.57M.   Cocoa Beans’s highest import potential is Nigeria with an import gap of $523.

See methodology.

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