2023
Exports
$70.1kWorld Rnk 98 / 181
Flag Rnk 658 / 1008
2023
PRODUCT COMPLEXITY IN LCDs
0.88Rnk 215 / 1025
2023
Imports
$1.99MWorld Rnk 92 / 215
Flag Rnk 661 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $70.1k in LCDs, making it the 98th largest exporter of LCDs in the world. At the same year, LCDs was the 658th most exported product in Dominican Republic. The main destination of LCDs exports from Dominican Republic are: Germany ($39.9k), Canada ($18.5k), Switzerland ($4.2k), Paraguay ($1.73k), and United States ($1.62k).

The fastest growing export markets for LCDs of Dominican Republic between 2022 and 2023 were Germany ($39.9k), Canada ($18.5k), and Switzerland ($4.2k).

Imports In 2023, Dominican Republic imported $1.99M in LCDs, becoming the 92nd largest importer of LCDs in the world. At the same year, LCDs was the 661st most imported product in Dominican Republic. Dominican Republic imports LCDs primarily from: United States ($821k), Singapore ($452k), China ($290k), Switzerland ($65.6k), and Slovakia ($51.4k).

The fastest growing import markets in LCDs for Dominican Republic between 2022 and 2023 were Singapore ($398k), China ($181k), and Slovakia ($51.4k).

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 LCDs. 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)$70.1k
IMPORTS (2023)$1.99M
NET TRADE (2023)-$1.92M

In 2023, Dominican Republic exported $70.1k in LCDs. The main destinations of Dominican Republic exports on LCDs were Germany ($39.9k), Canada ($18.5k), Switzerland ($4.2k), Paraguay ($1.73k), and United States ($1.62k).

In 2023, Dominican Republic imported $1.99M in LCDs, mainly from United States ($821k), Singapore ($452k), China ($290k), Switzerland ($65.6k), and Slovakia ($51.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Germany$39.9k (1%)
Canada$18.5k (370k%)
Switzerland$4.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Dominican Republic WERE (2022 - 2023):
United States-$178k (-99.1%)
Spain-$13k (-100%)
Panama-$2.45k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $8.44k
TOP IMPORT POTENTIALUnited States+ $554k

LCDs’s highest export potential is Spain. With an export gap of $8.44k.   LCDs’s highest import potential is United States with an import gap of $554k.

See methodology.

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