2022
Exports
$3.41kWorld Rnk 117 / 144
Flag Rnk 920 / 1030
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$2.16MWorld Rnk 81 / 209
Flag Rnk 649 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $3.41k in Liquid Fuel Furnaces, making it the 117th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 920th most exported product in Dominican Republic. The main destination of Liquid Fuel Furnaces exports from Dominican Republic are: Grenada ($2.08k), Haiti ($1.15k), United States ($180), and Netherlands ($5).

The fastest growing export markets for Liquid Fuel Furnaces of Dominican Republic between 2021 and 2022 were Grenada ($2.08k), Haiti ($957), and Netherlands ($5).

Imports In 2022, Dominican Republic imported $2.16M in Liquid Fuel Furnaces, becoming the 81st largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 649th most imported product in Dominican Republic. Dominican Republic imports Liquid Fuel Furnaces primarily from: United States ($817k), China ($271k), Italy ($232k), Austria ($209k), and Chinese Taipei ($148k).

The fastest growing import markets in Liquid Fuel Furnaces for Dominican Republic between 2021 and 2022 were United States ($347k), Austria ($206k), and Italy ($113k).

COMPANIES In 2023, leading companies such as John Deere (2) and Celebrity Cruises (1) were at the forefront of shipping Liquid Fuel Furnaces from Dominican Republic to the United States.

Latest Trends

Jul 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 Liquid Fuel Furnaces. 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 (2022)$3.41k
IMPORTS (2022)$2.16M
NET TRADE (2022)-$2.15M

In 2022, Dominican Republic exported $3.41k in Liquid Fuel Furnaces. The main destinations of Dominican Republic exports on Liquid Fuel Furnaces were Grenada ($2.08k), Haiti ($1.15k), United States ($180), and Netherlands ($5).

In 2022, Dominican Republic imported $2.16M in Liquid Fuel Furnaces, mainly from United States ($817k), China ($271k), Italy ($232k), Austria ($209k), and Chinese Taipei ($148k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Grenada$2.08k (1%)
Haiti$957 (501%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Dominican Republic WERE (2021 - 2022):
Cuba-$6.32k (-100%)
Jamaica-$2.36k (-100%)
Italy-$1.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Dominican Republic's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $431
TOP IMPORT POTENTIALChina+ $109k

Liquid Fuel Furnaces’s highest export potential is United States. With an export gap of $431.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $109k.

See methodology.

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