HS Icon Molasses in  Flag Dominican Republic

2019
Exports | Imports
: $15.5M | $159k, World Rnk 19 / 128
Flag Rnk 64 / 864 | World Rnk 86 / 184
Flag Rnk 914 / 1131

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $224k | $146k, Antigua and Barbuda |  Colombia

2019
ECONOMIC COMPLEXITY of Dominican Republic
: -0.14, Rnk 79 / 147

2019
PRODUCT COMPLEXITY  IN Molasses
: -1.34, Rnk 921 / 1029

Exports: In 2019, Dominican Republic exported $15.5M in Molasses, making it the 19th largest exporter of Molasses in the world. At the same year, Molasses was the 64th most exported product in Dominican Republic. The main destination of Molasses exports from Dominican Republic are: United States ($13.5M), Barbados ($1.42M), Saint Lucia ($340k), Antigua and Barbuda ($224k), and Switzerland ($1.96k).

The fastest growing export markets for Molasses of Dominican Republic between 2018 and 2019 were Antigua and Barbuda ($224k).

Imports: In 2019, Dominican Republic imported $159k in Molasses, becoming the 86th largest importer of Molasses in the world. At the same year, Molasses was the 914th most imported product in Dominican Republic. Dominican Republic imports Molasses primarily from: Colombia ($146k), United States ($12.9k), and Peru ($10).

The fastest growing import markets in Molasses for Dominican Republic between 2018 and 2019 were Colombia ($146k), United States ($1.87k), and Peru ($10).

Tariffs: In 2018, the average tariff for Dominican Republic in Molasses was 7.42%. The countries with the highest import tariffs for Molasses were Angola (Most Favoured Nation duty rate treatement, 8%), Burundi (Most Favoured Nation duty rate treatement, 8%), Benin (Most Favoured Nation duty rate treatement, 8%), Burkina Faso (Most Favoured Nation duty rate treatement, 8%), and Botswana (Most Favoured Nation duty rate treatement, 8%).

Historical Data

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Value

EXPORTS (2019): $15.5M

IMPORTS (2019): $159k

NET TRADE (2019): $15.3M

In 2019, Dominican Republic exported $15.5M in Molasses. The main destinations of Dominican Republic exports on Molasses were United States ($13.5M), Barbados ($1.42M), Saint Lucia ($340k), Antigua and Barbuda ($224k), and Switzerland ($1.96k).

In 2019, Dominican Republic imported $159k in Molasses, mainly from Colombia ($146k), United States ($12.9k), and Peru ($10).

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IN 2019, Dominican Republic HAD A POSITIVE NET TRADE IN Molasses WITH:: United States , $13.5M ($13.5M - $12.9k)

Flow

THE FASTEST GROWING Molasses EXPORT MARKETS FOR Dominican Republic WERE (2018 - 2019):: Antigua and Barbuda, $224k (91.1k%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Dominican Republic WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Dominican Republic's main exporting competitors in Molasses were:

In 2018, Dominican Republic's main importing competitors in Molasses were:

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Tariffs by Country

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In 2018, the average tariff for Dominican Republic in Molasses was 7.42%.

The countries with the highest tariffs for Molasses in Dominican Republic were Angola (Most Favoured Nation duty rate treatement, 8%), Burundi (Most Favoured Nation duty rate treatement, 8%), Benin (Most Favoured Nation duty rate treatement, 8%), Burkina Faso (Most Favoured Nation duty rate treatement, 8%), and Botswana (Most Favoured Nation duty rate treatement, 8%).