2022
Exports
$18.6MWorld Rnk 76 / 221
Flag Rnk 94 / 1030
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$30.3MWorld Rnk 86 / 225
Flag Rnk 186 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $18.6M in Non-Knit Men's Suits, making it the 76th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 94th most exported product in Dominican Republic. The main destination of Non-Knit Men's Suits exports from Dominican Republic are: United States ($16.2M), Dominican Republic ($924k), Canada ($894k), Trinidad and Tobago ($204k), and France ($83.2k).

The fastest growing export markets for Non-Knit Men's Suits of Dominican Republic between 2021 and 2022 were United States ($3.18M), Dominican Republic ($823k), and Canada ($111k).

Imports In 2018, Dominican Republic imported $30.3M in Non-Knit Men's Suits, becoming the 86th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 186th most imported product in Dominican Republic. Dominican Republic imports Non-Knit Men's Suits primarily from: China ($11.5M), United States ($3.05M), Spain ($2.94M), Turkey ($2.9M), and Bangladesh ($2.13M).

The fastest growing import markets in Non-Knit Men's Suits for Dominican Republic between 2021 and 2022 were United States ($1.44M), Dominican Republic ($823k), and Bangladesh ($608k).

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 Non-Knit Men's Suits. 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)$18.6M
IMPORTS (2022)$30.3M
NET TRADE (2022)-$11.7M

In 2022, Dominican Republic exported $18.6M in Non-Knit Men's Suits. The main destinations of Dominican Republic exports on Non-Knit Men's Suits were United States ($16.2M), Dominican Republic ($924k), Canada ($894k), Trinidad and Tobago ($204k), and France ($83.2k).

In 2022, Dominican Republic imported $30.3M in Non-Knit Men's Suits, mainly from China ($11.5M), United States ($3.05M), Spain ($2.94M), Turkey ($2.9M), and Bangladesh ($2.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$3.18M (24.4%)
Dominican Republic$823k (815%)
Canada$111k (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Dominican Republic WERE (2021 - 2022):
Austria-$96.5k (-99.9%)
United Arab Emirates-$82.9k (-99.4%)
Netherlands-$61.6k (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Dominican Republic's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $8.45M
TOP IMPORT POTENTIALChina+ $3.34M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $8.45M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $3.34M.

See methodology.

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