2018
Exports
$51World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2018
Imports
$912kWorld Rnk 56 / 172
Flag Rnk 793 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Imports In 2022, Dominican Republic imported $912k in Iron Ingots, becoming the 56th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 793rd most imported product in Dominican Republic. Dominican Republic imports Iron Ingots primarily from: United States ($797k), Canada ($110k), Albania ($3.78k), and China ($948).

The fastest growing import markets in Iron Ingots for Dominican Republic between 2021 and 2022 were United States ($468k), Canada ($110k), and Albania ($3.78k).

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 Iron Ingots. 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 (2018)$51
IMPORTS (2022)$912k
NET TRADE (2022)-$912k

In 2022, Dominican Republic imported $912k in Iron Ingots, mainly from United States ($797k), Canada ($110k), Albania ($3.78k), and China ($948).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Dominican Republic's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $334
TOP IMPORT POTENTIALIndia+ $1.44k

Iron Ingots’s highest export potential is Italy. With an export gap of $334.   Iron Ingots’s highest import potential is India with an import gap of $1.44k.

See methodology.

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