2023
Exports
$372MWorld Rnk 28 / 212
Flag Rnk 7 / 1008
2023
PRODUCT COMPLEXITY IN Jewellery
-0.47Rnk 685 / 1025
2023
Imports
$447MWorld Rnk 30 / 216
Flag Rnk 8 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $372M in Jewellery, making it the 28th largest exporter of Jewellery in the world. At the same year, Jewellery was the 7th most exported product in Dominican Republic. The main destination of Jewellery exports from Dominican Republic are: United States ($369M), Switzerland ($768k), Canada ($602k), Italy ($590k), and United Kingdom ($246k).

The fastest growing export markets for Jewellery of Dominican Republic between 2022 and 2023 were United States ($24.4M), Switzerland ($760k), and Canada ($244k).

Imports In 2023, Dominican Republic imported $447M in Jewellery, becoming the 30th largest importer of Jewellery in the world. At the same year, Jewellery was the 8th most imported product in Dominican Republic. Dominican Republic imports Jewellery primarily from: United States ($230M), Italy ($186M), Mexico ($21.2M), Switzerland ($3.18M), and Turkey ($2.84M).

The fastest growing import markets in Jewellery for Dominican Republic between 2022 and 2023 were Italy ($29.3M), Mexico ($21.2M), and Turkey ($2.56M).

Latest Trends

Jan 2025

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 Jewellery. 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 (2023)$372M
IMPORTS (2023)$447M
NET TRADE (2023)-$75.3M

In 2023, Dominican Republic exported $372M in Jewellery. The main destinations of Dominican Republic exports on Jewellery were United States ($369M), Switzerland ($768k), Canada ($602k), Italy ($590k), and United Kingdom ($246k).

In 2023, Dominican Republic imported $447M in Jewellery, mainly from United States ($230M), Italy ($186M), Mexico ($21.2M), Switzerland ($3.18M), and Turkey ($2.84M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
United States$24.4M (7.09%)
Switzerland$760k (9.55k%)
Canada$244k (68.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Dominican Republic WERE (2022 - 2023):
Italy-$241k (-29%)
Ireland-$129k (-61.9%)
United Kingdom-$97.7k (-28.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Dominican Republic's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.7M
TOP IMPORT POTENTIALSwitzerland+ $6.11M

Jewellery’s highest export potential is United States. With an export gap of $12.7M.   Jewellery’s highest import potential is Switzerland with an import gap of $6.11M.

See methodology.

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