2018
Exports
$110World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2018
Imports
$196kWorld Rnk 106 / 189
Flag Rnk 968 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Imports In 2022, Dominican Republic imported $196k in Olive Oil, becoming the 106th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 968th most imported product in Dominican Republic. Dominican Republic imports Olive Oil primarily from: Spain ($137k), Italy ($57k), and Germany ($2.48k).

The fastest growing import markets in Olive Oil for Dominican Republic between 2021 and 2022 were Spain ($91.1k) and Italy ($22.3k).

Latest Trends

Oct 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 Olive Oil. 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 (2018)$110
IMPORTS (2022)$196k
NET TRADE (2022)-$196k

In 2022, Dominican Republic imported $196k in Olive Oil, mainly from Spain ($137k), Italy ($57k), and Germany ($2.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Dominican Republic's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $340
TOP IMPORT POTENTIALSpain+ $31.6k

Olive Oil’s highest export potential is United States. With an export gap of $340.   Olive Oil’s highest import potential is Spain with an import gap of $31.6k.

See methodology.

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