2022
Exports
$1.06MWorld Rnk 99 / 166
Flag Rnk 343 / 1030
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$147MWorld Rnk 39 / 224
Flag Rnk 37 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.06M in Concentrated Milk, making it the 99th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 343rd most exported product in Dominican Republic. The main destination of Concentrated Milk exports from Dominican Republic are: Haiti ($420k), Bahamas ($253k), Saint Lucia ($223k), France ($42.2k), and Aruba ($37.2k).

The fastest growing export markets for Concentrated Milk of Dominican Republic between 2021 and 2022 were Bahamas ($253k), Saint Lucia ($97.7k), and Haiti ($35.1k).

Imports In 2022, Dominican Republic imported $147M in Concentrated Milk, becoming the 39th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 37th most imported product in Dominican Republic. Dominican Republic imports Concentrated Milk primarily from: United States ($51.3M), Denmark ($23.7M), France ($22M), Germany ($10.6M), and Netherlands ($9.12M).

The fastest growing import markets in Concentrated Milk for Dominican Republic between 2021 and 2022 were United States ($15.3M), Denmark ($6.68M), and Netherlands ($2.78M).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Concentrated Milk 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 Concentrated Milk. 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)$1.06M
IMPORTS (2022)$147M
NET TRADE (2022)-$146M

In 2022, Dominican Republic exported $1.06M in Concentrated Milk. The main destinations of Dominican Republic exports on Concentrated Milk were Haiti ($420k), Bahamas ($253k), Saint Lucia ($223k), France ($42.2k), and Aruba ($37.2k).

In 2022, Dominican Republic imported $147M in Concentrated Milk, mainly from United States ($51.3M), Denmark ($23.7M), France ($22M), Germany ($10.6M), and Netherlands ($9.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Bahamas$253k (1%)
Saint Lucia$97.7k (77.9%)
Haiti$35.1k (9.12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Dominican Republic WERE (2021 - 2022):
Antigua and Barbuda-$87.7k (-100%)
France-$67.5k (-61.5%)
United States-$48k (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Concentrated Milk were:
In 2022, Dominican Republic's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.9k
TOP IMPORT POTENTIALNew Zealand+ $3.27M

Concentrated Milk’s highest export potential is United States. With an export gap of $23.9k.   Concentrated Milk’s highest import potential is New Zealand with an import gap of $3.27M.

See methodology.

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