2023
Exports
$2.14MWorld Rnk 42 / 145
Flag Rnk 238 / 1008
2023
PRODUCT COMPLEXITY IN Microscopes
0.86Rnk 226 / 1025
2023
Imports
$1.76MWorld Rnk 86 / 209
Flag Rnk 685 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $2.14M in Microscopes, making it the 42nd largest exporter of Microscopes in the world. At the same year, Microscopes was the 238th most exported product in Dominican Republic. The main destination of Microscopes exports from Dominican Republic are: Spain ($311k), Brazil ($211k), Austria ($177k), Finland ($147k), and United States ($122k).

The fastest growing export markets for Microscopes of Dominican Republic between 2022 and 2023 were Brazil ($211k), United States ($64.2k), and Saudi Arabia ($52.2k).

Imports In 2023, Dominican Republic imported $1.76M in Microscopes, becoming the 86th largest importer of Microscopes in the world. At the same year, Microscopes was the 685th most imported product in Dominican Republic. Dominican Republic imports Microscopes primarily from: Germany ($778k), United States ($512k), China ($268k), Japan ($72.5k), and Hong Kong ($42.3k).

The fastest growing import markets in Microscopes for Dominican Republic between 2022 and 2023 were Germany ($510k), China ($146k), and Hong Kong ($42.3k).

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 Microscopes. 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)$2.14M
IMPORTS (2023)$1.76M
NET TRADE (2023)$376k

In 2023, Dominican Republic exported $2.14M in Microscopes. The main destinations of Dominican Republic exports on Microscopes were Spain ($311k), Brazil ($211k), Austria ($177k), Finland ($147k), and United States ($122k).

In 2023, Dominican Republic imported $1.76M in Microscopes, mainly from Germany ($778k), United States ($512k), China ($268k), Japan ($72.5k), and Hong Kong ($42.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Brazil$211k (163k%)
United States$64.2k (110%)
Saudi Arabia$52.2k (406%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY Dominican Republic WERE (2022 - 2023):
Germany-$5.99M (-99.7%)
South Africa-$114k (-58.4%)
Peru-$59.3k (-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 Microscopes were:
Germany $1.15B
China $487M
Japan $439M
In 2023, Dominican Republic's main importing competitors in Microscopes were:

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Trade Value of Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $224k
TOP IMPORT POTENTIALGermany+ $135k

Microscopes’s highest export potential is China. With an export gap of $224k.   Microscopes’s highest import potential is Germany with an import gap of $135k.

See methodology.

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