2022
Exports
$1.91MWorld Rnk 76 / 196
Flag Rnk 274 / 1030
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$7.56MWorld Rnk 54 / 214
Flag Rnk 424 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.91M in Essential Oils, making it the 76th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 274th most exported product in Dominican Republic. The main destination of Essential Oils exports from Dominican Republic are: United States ($1.5M), United Kingdom ($211k), Switzerland ($76.5k), France ($35.7k), and Trinidad and Tobago ($33.3k).

The fastest growing export markets for Essential Oils of Dominican Republic between 2021 and 2022 were United Kingdom ($211k), United States ($185k), and Switzerland ($62.3k).

Imports In 2022, Dominican Republic imported $7.56M in Essential Oils, becoming the 54th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 424th most imported product in Dominican Republic. Dominican Republic imports Essential Oils primarily from: United States ($6.47M), Indonesia ($397k), India ($148k), Mexico ($120k), and Spain ($91k).

The fastest growing import markets in Essential Oils for Dominican Republic between 2021 and 2022 were United States ($4.25M), Chile ($36.1k), and Germany ($35.8k).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (7) and Walmart (1) were at the forefront of shipping Essential Oils from Dominican Republic to the United States.

Latest Trends

Nov 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 Essential Oils. 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)$1.91M
IMPORTS (2022)$7.56M
NET TRADE (2022)-$5.65M

In 2022, Dominican Republic exported $1.91M in Essential Oils. The main destinations of Dominican Republic exports on Essential Oils were United States ($1.5M), United Kingdom ($211k), Switzerland ($76.5k), France ($35.7k), and Trinidad and Tobago ($33.3k).

In 2022, Dominican Republic imported $7.56M in Essential Oils, mainly from United States ($6.47M), Indonesia ($397k), India ($148k), Mexico ($120k), and Spain ($91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United Kingdom$211k (1%)
United States$185k (14.1%)
Switzerland$62.3k (437%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Dominican Republic WERE (2021 - 2022):
Haiti-$199k (-92.4%)
Guyana-$22.4k (-100%)
France-$22.3k (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Essential Oils were:
In 2022, Dominican Republic's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $823k
TOP IMPORT POTENTIALIndia+ $265k

Essential Oils’s highest export potential is United States. With an export gap of $823k.   Essential Oils’s highest import potential is India with an import gap of $265k.

See methodology.

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