2023
Exports
$6.41MWorld Rnk 52 / 136
Flag Rnk 154 / 1008
2023
PRODUCT COMPLEXITY IN Frozen Bovine Meat
-1.1Rnk 854 / 1025
2023
Imports
$95.6MWorld Rnk 35 / 225
Flag Rnk 71 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $6.41M in Frozen Bovine Meat, making it the 52nd largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 154th most exported product in Dominican Republic. The main destination of Frozen Bovine Meat exports from Dominican Republic are: Guatemala ($5.92M), El Salvador ($304k), United States ($103k), Senegal ($30.1k), and Italy ($23.1k).

The fastest growing export markets for Frozen Bovine Meat of Dominican Republic between 2022 and 2023 were Guatemala ($306k), Senegal ($30.1k), and Germany ($17.2k).

Imports In 2023, Dominican Republic imported $95.6M in Frozen Bovine Meat, becoming the 35th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 71st most imported product in Dominican Republic. Dominican Republic imports Frozen Bovine Meat primarily from: United States ($92.1M), Nicaragua ($2.83M), Argentina ($546k), Spain ($91.1k), and Germany ($49.2k).

The fastest growing import markets in Frozen Bovine Meat for Dominican Republic between 2022 and 2023 were United States ($5.32M), Nicaragua ($1.67M), and Spain ($53.1k).

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 Frozen Bovine Meat. 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)$6.41M
IMPORTS (2023)$95.6M
NET TRADE (2023)-$89.2M

In 2023, Dominican Republic exported $6.41M in Frozen Bovine Meat. The main destinations of Dominican Republic exports on Frozen Bovine Meat were Guatemala ($5.92M), El Salvador ($304k), United States ($103k), Senegal ($30.1k), and Italy ($23.1k).

In 2023, Dominican Republic imported $95.6M in Frozen Bovine Meat, mainly from United States ($92.1M), Nicaragua ($2.83M), Argentina ($546k), Spain ($91.1k), and Germany ($49.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Guatemala$306k (5.45%)
Senegal$30.1k (1%)
Germany$17.2k (801%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Dominican Republic WERE (2022 - 2023):
El Salvador-$579k (-65.6%)
United States-$492k (-82.7%)
Bahamas-$65 (-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 Frozen Bovine Meat were:
In 2023, Dominican Republic's main importing competitors in Frozen Bovine Meat were:

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Trade Value of Frozen Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.39k
TOP IMPORT POTENTIALNicaragua+ $895k

Frozen Bovine Meat’s highest export potential is China. With an export gap of $4.39k.   Frozen Bovine Meat’s highest import potential is Nicaragua with an import gap of $895k.

See methodology.

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