2022
Exports
$171MWorld Rnk 24 / 203
Flag Rnk 12 / 1030
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$212MWorld Rnk 38 / 224
Flag Rnk 23 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $171M in Hard Liquor, making it the 24th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 12th most exported product in Dominican Republic. The main destination of Hard Liquor exports from Dominican Republic are: Spain ($60.7M), United States ($21.6M), Latvia ($11.7M), Dominican Republic ($10.4M), and Colombia ($7.7M).

The fastest growing export markets for Hard Liquor of Dominican Republic between 2021 and 2022 were Spain ($19.4M), Latvia ($11.7M), and United Kingdom ($5.31M).

Imports In 2022, Dominican Republic imported $212M in Hard Liquor, becoming the 38th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 23rd most imported product in Dominican Republic. Dominican Republic imports Hard Liquor primarily from: United Kingdom ($110M), United States ($41.8M), Italy ($12.4M), Dominican Republic ($10.4M), and Venezuela ($8.81M).

The fastest growing import markets in Hard Liquor for Dominican Republic between 2021 and 2022 were United Kingdom ($26.3M), United States ($10.9M), and Venezuela ($7.67M).

COMPANIES In 2023, leading companies such as SAC (Société des alcools du Québec) (8) and Pernod Ricard (1) were at the forefront of shipping Hard Liquor from Dominican Republic to the United States.

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 Hard Liquor. 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)$171M
IMPORTS (2022)$212M
NET TRADE (2022)-$41.2M

In 2022, Dominican Republic exported $171M in Hard Liquor. The main destinations of Dominican Republic exports on Hard Liquor were Spain ($60.7M), United States ($21.6M), Latvia ($11.7M), Dominican Republic ($10.4M), and Colombia ($7.7M).

In 2022, Dominican Republic imported $212M in Hard Liquor, mainly from United Kingdom ($110M), United States ($41.8M), Italy ($12.4M), Dominican Republic ($10.4M), and Venezuela ($8.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Spain$19.4M (47.1%)
Latvia$11.7M (17.7k%)
United Kingdom$5.31M (301%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Dominican Republic WERE (2021 - 2022):
Russia-$11.9M (-82.7%)
Germany-$2.52M (-37.7%)
United States-$2.45M (-10.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.5M
TOP IMPORT POTENTIALMexico+ $7.15M

Hard Liquor’s highest export potential is United States. With an export gap of $20.5M.   Hard Liquor’s highest import potential is Mexico with an import gap of $7.15M.

See methodology.

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