2022
Exports
$2.13MWorld Rnk 86 / 203
Flag Rnk 253 / 1030
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$9.33MWorld Rnk 90 / 218
Flag Rnk 381 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.13M in Knit Socks and Hosiery, making it the 86th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 253rd most exported product in Dominican Republic. The main destination of Knit Socks and Hosiery exports from Dominican Republic are: United States ($1.05M), Portugal ($231k), Ireland ($177k), Haiti ($105k), and Israel ($70.4k).

The fastest growing export markets for Knit Socks and Hosiery of Dominican Republic between 2021 and 2022 were Portugal ($104k), Haiti ($96.6k), and Israel ($63.6k).

Imports In 2022, Dominican Republic imported $9.33M in Knit Socks and Hosiery, becoming the 90th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 381st most imported product in Dominican Republic. Dominican Republic imports Knit Socks and Hosiery primarily from: China ($5.67M), United States ($1.75M), Italy ($213k), Colombia ($207k), and Brazil ($193k).

The fastest growing import markets in Knit Socks and Hosiery for Dominican Republic between 2021 and 2022 were China ($1.14M), United States ($1.01M), and Guatemala ($116k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Socks and Hosiery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.13M
IMPORTS (2022)$9.33M
NET TRADE (2022)-$7.2M

In 2022, Dominican Republic exported $2.13M in Knit Socks and Hosiery. The main destinations of Dominican Republic exports on Knit Socks and Hosiery were United States ($1.05M), Portugal ($231k), Ireland ($177k), Haiti ($105k), and Israel ($70.4k).

In 2022, Dominican Republic imported $9.33M in Knit Socks and Hosiery, mainly from China ($5.67M), United States ($1.75M), Italy ($213k), Colombia ($207k), and Brazil ($193k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Portugal$104k (81.7%)
Haiti$96.6k (1.2k%)
Israel$63.6k (938%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Dominican Republic WERE (2021 - 2022):
United States-$1.12M (-51.5%)
South Korea-$18.9k (-31.5%)
Canada-$7.72k (-20.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Dominican Republic's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Dominican Republic's main importing competitors in Knit Socks and Hosiery were:

Explore Visualizations

Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $440k
TOP IMPORT POTENTIALChina+ $1.75M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $440k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $1.75M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with