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2022
Exports $2.75MWorld Rnk 88 / 192
Flag Rnk 230 / 1030
2022
Destination $230k Haiti
2021 - 2022
FASTEST GROWING MARKET $230kUnited States
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $18.6MWorld Rnk 60 / 223
Flag Rnk 264 / 1163
2022
Origin $2.81M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.81MUnited States
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.75M in Packing Bags, making it the 88th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 230th most exported product in Dominican Republic. The main destination of Packing Bags exports from Dominican Republic are: Haiti ($1.71M), United States ($834k), Jamaica ($167k), Dominican Republic ($16.7k), and Dominica ($6.4k).

The fastest growing export markets for Packing Bags of Dominican Republic between 2021 and 2022 were United States ($230k), Dominican Republic ($16.7k), and Dominica ($3.2k).

Imports In 2022, Dominican Republic imported $18.6M in Packing Bags, becoming the 60th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 264th most imported product in Dominican Republic. Dominican Republic imports Packing Bags primarily from: United States ($12.5M), China ($2.4M), Guatemala ($1.6M), Vietnam ($405k), and Bangladesh ($392k).

The fastest growing import markets in Packing Bags for Dominican Republic between 2021 and 2022 were United States ($2.81M), Colombia ($169k), and Spain ($135k).

Latest Trends

Aug 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 Packing Bags. 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)$2.75M
IMPORTS (2022)$18.6M
NET TRADE (2022)-$15.8M

In 2022, Dominican Republic exported $2.75M in Packing Bags. The main destinations of Dominican Republic exports on Packing Bags were Haiti ($1.71M), United States ($834k), Jamaica ($167k), Dominican Republic ($16.7k), and Dominica ($6.4k).

In 2022, Dominican Republic imported $18.6M in Packing Bags, mainly from United States ($12.5M), China ($2.4M), Guatemala ($1.6M), Vietnam ($405k), and Bangladesh ($392k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$230k (38.1%)
Dominican Republic$16.7k (32.7k%)
Dominica$3.2k (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Dominican Republic WERE (2021 - 2022):
Haiti-$463k (-21.3%)
Jamaica-$413k (-71.2%)
Cuba-$145k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Dominican Republic's main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $403k
TOP IMPORT POTENTIALChina+ $1.23M

Packing Bags’s highest export potential is United States. With an export gap of $403k.   Packing Bags’s highest import potential is China with an import gap of $1.23M.

See methodology.

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