2022
Exports
$278kWorld Rnk 114 / 216
Flag Rnk 488 / 1030
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$24.1MWorld Rnk 73 / 225
Flag Rnk 224 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $278k in Gas and Liquid Flow Measuring Instruments, making it the 114th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 488th most exported product in Dominican Republic. The main destination of Gas and Liquid Flow Measuring Instruments exports from Dominican Republic are: United States ($135k), Haiti ($34.9k), Cuba ($30k), Norway ($11.7k), and Malaysia ($10k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Dominican Republic between 2021 and 2022 were Cuba ($28.6k), Haiti ($12.7k), and Norway ($10.4k).

Imports In 2022, Dominican Republic imported $24.1M in Gas and Liquid Flow Measuring Instruments, becoming the 73rd largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 224th most imported product in Dominican Republic. Dominican Republic imports Gas and Liquid Flow Measuring Instruments primarily from: United States ($15.1M), Italy ($2.11M), Germany ($1.8M), South Korea ($1.3M), and Singapore ($824k).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Dominican Republic between 2021 and 2022 were Italy ($1.67M), South Korea ($814k), and Singapore ($798k).

COMPANIES In 2023, leading companies such as Harvey Imports (1) were at the forefront of shipping Gas and Liquid Flow Measuring Instruments 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 Gas and Liquid Flow Measuring Instruments. 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)$278k
IMPORTS (2022)$24.1M
NET TRADE (2022)-$23.8M

In 2022, Dominican Republic exported $278k in Gas and Liquid Flow Measuring Instruments. The main destinations of Dominican Republic exports on Gas and Liquid Flow Measuring Instruments were United States ($135k), Haiti ($34.9k), Cuba ($30k), Norway ($11.7k), and Malaysia ($10k).

In 2022, Dominican Republic imported $24.1M in Gas and Liquid Flow Measuring Instruments, mainly from United States ($15.1M), Italy ($2.11M), Germany ($1.8M), South Korea ($1.3M), and Singapore ($824k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Cuba$28.6k (1.98k%)
Haiti$12.7k (57.5%)
Norway$10.4k (817%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Dominican Republic WERE (2021 - 2022):
Mexico-$15.7k (-97.9%)
Bolivia-$12k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Dominican Republic's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $188k
TOP IMPORT POTENTIALGermany+ $1.45M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $188k.   Gas and Liquid Flow Measuring Instruments’s highest import potential is Germany with an import gap of $1.45M.

See methodology.

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