2022
Exports
$258kWorld Rnk 79 / 213
Flag Rnk 494 / 1030
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$7.85MWorld Rnk 72 / 220
Flag Rnk 414 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $258k in Gaskets, making it the 79th largest exporter of Gaskets in the world. At the same year, Gaskets was the 494th most exported product in Dominican Republic. The main destination of Gaskets exports from Dominican Republic are: United States ($193k), Argentina ($31.7k), Haiti ($15.6k), Panama ($4.71k), and Cuba ($2.83k).

The fastest growing export markets for Gaskets of Dominican Republic between 2021 and 2022 were United States ($192k), Argentina ($23.4k), and Haiti ($5.64k).

Imports In 2022, Dominican Republic imported $7.85M in Gaskets, becoming the 72nd largest importer of Gaskets in the world. At the same year, Gaskets was the 414th most imported product in Dominican Republic. Dominican Republic imports Gaskets primarily from: United States ($3.76M), Chinese Taipei ($1.01M), China ($905k), Japan ($357k), and Germany ($296k).

The fastest growing import markets in Gaskets for Dominican Republic between 2021 and 2022 were United States ($1.11M), Chinese Taipei ($375k), and China ($291k).

Latest Trends

Sep 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 Gaskets. 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)$258k
IMPORTS (2022)$7.85M
NET TRADE (2022)-$7.59M

In 2022, Dominican Republic exported $258k in Gaskets. The main destinations of Dominican Republic exports on Gaskets were United States ($193k), Argentina ($31.7k), Haiti ($15.6k), Panama ($4.71k), and Cuba ($2.83k).

In 2022, Dominican Republic imported $7.85M in Gaskets, mainly from United States ($3.76M), Chinese Taipei ($1.01M), China ($905k), Japan ($357k), and Germany ($296k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$192k (14.2k%)
Argentina$23.4k (280%)
Haiti$5.64k (56.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Dominican Republic WERE (2021 - 2022):
Guyana-$14.2k (-100%)
Germany-$2.72k (-100%)
Portugal-$2.06k (-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 Gaskets were:
In 2022, Dominican Republic's main importing competitors in Gaskets were:

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $64.5k
TOP IMPORT POTENTIALChina+ $438k

Gaskets’s highest export potential is United States. With an export gap of $64.5k.   Gaskets’s highest import potential is China with an import gap of $438k.

See methodology.

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