2022
Exports
$870kWorld Rnk 68 / 176
Flag Rnk 363 / 1030
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$57.9kWorld Rnk 144 / 209
Flag Rnk 1041 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $870k in Honey, making it the 68th largest exporter of Honey in the world. At the same year, Honey was the 363rd most exported product in Dominican Republic. The main destination of Honey exports from Dominican Republic are: United States ($864k), France ($5.32k), Antigua and Barbuda ($181), and Canada ($97).

The fastest growing export markets for Honey of Dominican Republic between 2021 and 2022 were France ($2.63k), Antigua and Barbuda ($181), and Canada ($97).

Imports In 2022, Dominican Republic imported $57.9k in Honey, becoming the 144th largest importer of Honey in the world. At the same year, Honey was the 1041st most imported product in Dominican Republic. Dominican Republic imports Honey primarily from: United States ($55.8k), Germany ($1.3k), Netherlands ($444), France ($358), and India ($6).

The fastest growing import markets in Honey for Dominican Republic between 2021 and 2022 were United States ($53.2k), Netherlands ($444), and India ($6).

COMPANIES In 2023, leading companies such as Ayco Farms (457) were at the forefront of shipping Honey 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 Honey. 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)$870k
IMPORTS (2022)$57.9k
NET TRADE (2022)$812k

In 2022, Dominican Republic exported $870k in Honey. The main destinations of Dominican Republic exports on Honey were United States ($864k), France ($5.32k), Antigua and Barbuda ($181), and Canada ($97).

In 2022, Dominican Republic imported $57.9k in Honey, mainly from United States ($55.8k), Germany ($1.3k), Netherlands ($444), France ($358), and India ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
France$2.63k (97.3%)
Canada$97 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Dominican Republic WERE (2021 - 2022):
United States-$377k (-30.3%)
British Virgin Islands-$16.9k (-100%)
Curaçao-$14.8k (-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 Honey were:
In 2022, Dominican Republic's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $462k
TOP IMPORT POTENTIALGermany+ $3.4k

Honey’s highest export potential is United States. With an export gap of $462k.   Honey’s highest import potential is Germany with an import gap of $3.4k.

See methodology.

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