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2022
Exports $5.64MWorld Rnk 75 / 219
Flag Rnk 173 / 1030
2022
Destination $394k Canada
2021 - 2022
FASTEST GROWING MARKET $394kPoland
2022
PRODUCT COMPLEXITY IN Electrical Control Boards0.56Rnk 343 / 1025
2022
Imports $45MWorld Rnk 82 / 224
Flag Rnk 134 / 1163
2022
Origin $9.17MN/A
2021 - 2022
FASTEST GROWING ORIGIN $9.17MItaly
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $5.64M in Electrical Control Boards, making it the 75th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 173rd most exported product in Dominican Republic. The main destination of Electrical Control Boards exports from Dominican Republic are: Canada ($2.48M), United States ($959k), Poland ($452k), Mexico ($193k), and Spain ($166k).

The fastest growing export markets for Electrical Control Boards of Dominican Republic between 2021 and 2022 were Poland ($394k), United States ($297k), and Dominica ($146k).

Imports In 2022, Dominican Republic imported $45M in Electrical Control Boards, becoming the 82nd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 134th most imported product in Dominican Republic. Dominican Republic imports Electrical Control Boards primarily from: N/A.

The fastest growing import markets in Electrical Control Boards for Dominican Republic between 2021 and 2022 were Italy ($9.17M), United States ($4.75M), and South Korea ($2.77M).

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 Electrical Control Boards. 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)$5.64M
IMPORTS (2022)$45M
NET TRADE (2022)-$39.4M

In 2022, Dominican Republic exported $5.64M in Electrical Control Boards. The main destinations of Dominican Republic exports on Electrical Control Boards were Canada ($2.48M), United States ($959k), Poland ($452k), Mexico ($193k), and Spain ($166k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Poland$394k (684%)
United States$297k (44.9%)
Dominica$146k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Dominican Republic WERE (2021 - 2022):
Canada-$569k (-18.7%)
Austria-$77.9k (-99.9%)
El Salvador-$69.6k (-95.4%)
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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 Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Dominican Republic's main importing competitors in Electrical Control Boards were:
United States $16.6B
Germany $8.76B
China $5.33B

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.03M
TOP IMPORT POTENTIALChina+ $6.05M

Electrical Control Boards’s highest export potential is United States. With an export gap of $2.03M.   Electrical Control Boards’s highest import potential is China with an import gap of $6.05M.

See methodology.

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