2023
Exports
$14.6MWorld Rnk 75 / 221
Flag Rnk 102 / 1008
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.21Rnk 878 / 1025
2023
Imports
$23.6MWorld Rnk 97 / 225
Flag Rnk 225 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $14.6M in Non-Knit Men's Suits, making it the 75th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 102nd most exported product in Dominican Republic. The main destination of Non-Knit Men's Suits exports from Dominican Republic are: United States ($13.5M), Canada ($567k), Mexico ($159k), Trinidad and Tobago ($98.4k), and Barbados ($65.3k).

The fastest growing export markets for Non-Knit Men's Suits of Dominican Republic between 2022 and 2023 were Mexico ($159k), Jamaica ($45k), and Barbados ($16.5k).

Imports In 2023, Dominican Republic imported $23.6M in Non-Knit Men's Suits, becoming the 97th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 225th most imported product in Dominican Republic. Dominican Republic imports Non-Knit Men's Suits primarily from: China ($9.16M), United States ($2.63M), Turkey ($2.25M), Bangladesh ($2.2M), and Italy ($1.12M).

The fastest growing import markets in Non-Knit Men's Suits for Dominican Republic between 2022 and 2023 were China ($756k), United States ($429k), and Italy ($263k).

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 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 (2023)$14.6M
IMPORTS (2023)$23.6M
NET TRADE (2023)-$8.99M

In 2023, Dominican Republic exported $14.6M in Non-Knit Men's Suits. The main destinations of Dominican Republic exports on Non-Knit Men's Suits were United States ($13.5M), Canada ($567k), Mexico ($159k), Trinidad and Tobago ($98.4k), and Barbados ($65.3k).

In 2023, Dominican Republic imported $23.6M in Non-Knit Men's Suits, mainly from China ($9.16M), United States ($2.63M), Turkey ($2.25M), Bangladesh ($2.2M), and Italy ($1.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Mexico$159k (114k%)
Jamaica$45k (525%)
Barbados$16.5k (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Dominican Republic WERE (2022 - 2023):
United States-$1.43M (-9.63%)
Canada-$218k (-27.8%)
Trinidad and Tobago-$106k (-51.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Non-Knit Men's Suits were:
In 2023, 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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