2023
Exports
$14.7MWorld Rnk 43 / 199
Flag Rnk 101 / 1008
2023
PRODUCT COMPLEXITY IN Electrical Capacitors
1.16Rnk 120 / 1025
2023
Imports
$5.42MWorld Rnk 73 / 215
Flag Rnk 491 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $14.7M in Electrical Capacitors, making it the 43rd largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 101st most exported product in Dominican Republic. The main destination of Electrical Capacitors exports from Dominican Republic are: United States ($4.83M), China ($2.54M), Germany ($1.99M), Singapore ($1.93M), and Hong Kong ($912k).

The fastest growing export markets for Electrical Capacitors of Dominican Republic between 2022 and 2023 were Germany ($547k), Kazakhstan ($38.7k), and Armenia ($30.1k).

Imports In 2023, Dominican Republic imported $5.42M in Electrical Capacitors, becoming the 73rd largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 491st most imported product in Dominican Republic. Dominican Republic imports Electrical Capacitors primarily from: United States ($2.91M), China ($1.57M), Spain ($152k), Hong Kong ($149k), and Italy ($127k).

The fastest growing import markets in Electrical Capacitors for Dominican Republic between 2022 and 2023 were China ($525k), Spain ($130k), and Poland ($118k).

Latest Trends

Dec 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 Electrical Capacitors. 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 (2023)$14.7M
IMPORTS (2023)$5.42M
NET TRADE (2023)$9.29M

In 2023, Dominican Republic exported $14.7M in Electrical Capacitors. The main destinations of Dominican Republic exports on Electrical Capacitors were United States ($4.83M), China ($2.54M), Germany ($1.99M), Singapore ($1.93M), and Hong Kong ($912k).

In 2023, Dominican Republic imported $5.42M in Electrical Capacitors, mainly from United States ($2.91M), China ($1.57M), Spain ($152k), Hong Kong ($149k), and Italy ($127k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Germany$547k (37.9%)
Kazakhstan$38.7k (1%)
Armenia$30.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY Dominican Republic WERE (2022 - 2023):
United States-$5M (-50.9%)
Hong Kong-$1.42M (-60.8%)
South Korea-$1.18M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Electrical Capacitors were:
Japan $8.53B
China $7.45B
Germany $1.99B
In 2023, Dominican Republic's main importing competitors in Electrical Capacitors were:
China $6.22B
Germany $2.67B

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.5M
TOP IMPORT POTENTIALChina+ $1.18M

Electrical Capacitors’s highest export potential is United States. With an export gap of $4.5M.   Electrical Capacitors’s highest import potential is China with an import gap of $1.18M.

See methodology.

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