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2022
Exports $383kWorld Rnk 82 / 154
Flag Rnk 454 / 1030
2022
Destination $152k Italy
2021 - 2022
FASTEST GROWING MARKET $152kItaly
2022
PRODUCT COMPLEXITY IN Coconut Oil-1.71Rnk 972 / 1025
2022
Imports $2.7MWorld Rnk 89 / 212
Flag Rnk 611 / 1163
2022
Origin $387k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $387kUnited States
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $383k in Coconut Oil, making it the 82nd largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 454th most exported product in Dominican Republic. The main destination of Coconut Oil exports from Dominican Republic are: Italy ($152k), United States ($74.6k), Dominican Republic ($53.8k), Dominica ($43.7k), and Panama ($32k).

The fastest growing export markets for Coconut Oil of Dominican Republic between 2021 and 2022 were Italy ($152k), Dominican Republic ($53.8k), and Dominica ($43.7k).

Imports In 2022, Dominican Republic imported $2.7M in Coconut Oil, becoming the 89th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 611th most imported product in Dominican Republic. Dominican Republic imports Coconut Oil primarily from: Colombia ($1.38M), United States ($494k), Guatemala ($325k), India ($225k), and Philippines ($116k).

The fastest growing import markets in Coconut Oil for Dominican Republic between 2021 and 2022 were United States ($387k), India ($109k), and Dominican Republic ($53.8k).

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 Coconut Oil. 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)$383k
IMPORTS (2022)$2.7M
NET TRADE (2022)-$2.32M

In 2022, Dominican Republic exported $383k in Coconut Oil. The main destinations of Dominican Republic exports on Coconut Oil were Italy ($152k), United States ($74.6k), Dominican Republic ($53.8k), Dominica ($43.7k), and Panama ($32k).

In 2022, Dominican Republic imported $2.7M in Coconut Oil, mainly from Colombia ($1.38M), United States ($494k), Guatemala ($325k), India ($225k), and Philippines ($116k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Italy$152k (1%)
Dominican Republic$53.8k (1%)
Dominica$43.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Dominican Republic WERE (2021 - 2022):
United States-$36.7k (-33%)
France-$8.98k (-50%)
Saudi Arabia-$5.6k (-100%)
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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 Coconut Oil were:
Indonesia $3.41B
Philippines $2.12B
Malaysia $1.64B
In 2022, Dominican Republic's main importing competitors in Coconut Oil were:
United States $1.51B
Netherlands $1.35B
China $1.12B

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $138k
TOP IMPORT POTENTIALGuatemala+ $96.3k

Coconut Oil’s highest export potential is United States. With an export gap of $138k.   Coconut Oil’s highest import potential is Guatemala with an import gap of $96.3k.

See methodology.

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