2023
Exports
$3.05MWorld Rnk 76 / 208
Flag Rnk 215 / 1008
2023
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 956 / 1025
2023
Imports
$10.7MWorld Rnk 64 / 222
Flag Rnk 362 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $3.05M in Knit Men's Shirts, making it the 76th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 215th most exported product in Dominican Republic. The main destination of Knit Men's Shirts exports from Dominican Republic are: United States ($1.36M), Barbados ($713k), Germany ($488k), Canada ($153k), and Thailand ($91.5k).

The fastest growing export markets for Knit Men's Shirts of Dominican Republic between 2022 and 2023 were Barbados ($235k), Saint Vincent and the Grenadines ($18.4k), and France ($12.8k).

Imports In 2023, Dominican Republic imported $10.7M in Knit Men's Shirts, becoming the 64th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 362nd most imported product in Dominican Republic. Dominican Republic imports Knit Men's Shirts primarily from: China ($6.81M), Vietnam ($892k), United States ($492k), Bangladesh ($410k), and Spain ($281k).

The fastest growing import markets in Knit Men's Shirts for Dominican Republic between 2022 and 2023 were China ($1.74M), Vietnam ($541k), and United States ($123k).

COMPANIES In 2024, leading companies such as Adidas (2) were at the forefront of shipping Knit Men's Shirts from Dominican Republic to the United States.

Latest Trends

Dec 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 Knit Men's Shirts. 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)$3.05M
IMPORTS (2023)$10.7M
NET TRADE (2023)-$7.68M

In 2023, Dominican Republic exported $3.05M in Knit Men's Shirts. The main destinations of Dominican Republic exports on Knit Men's Shirts were United States ($1.36M), Barbados ($713k), Germany ($488k), Canada ($153k), and Thailand ($91.5k).

In 2023, Dominican Republic imported $10.7M in Knit Men's Shirts, mainly from China ($6.81M), Vietnam ($892k), United States ($492k), Bangladesh ($410k), and Spain ($281k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Barbados$235k (49.2%)
France$12.8k (4.82k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Dominican Republic WERE (2022 - 2023):
Haiti-$91k (-89.5%)
United States-$72.4k (-5.06%)
Poland-$65.2k (-56.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Knit Men's Shirts were:
In 2023, Dominican Republic's main importing competitors in Knit Men's Shirts were:

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.28M
TOP IMPORT POTENTIALIndia+ $225k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $1.28M.   Knit Men's Shirts’s highest import potential is India with an import gap of $225k.

See methodology.

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