HS Icon Perfume Plants in  Flag Dominican Republic

2019
Exports | Imports
: $1.06M | $731k, World Rnk 106 / 184
Flag Rnk 217 / 864 | World Rnk 104 / 214
Flag Rnk 722 / 1131

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $31.7k | $93.4k, Spain |  Spain

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

2019
PRODUCT COMPLEXITY  IN Perfume Plants
: -1.85, Rnk 997 / 1029

Exports: In 2019, Dominican Republic exported $1.06M in Perfume Plants, making it the 106th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 217th most exported product in Dominican Republic. The main destination of Perfume Plants exports from Dominican Republic are: Canada ($512k), United States ($449k), Spain ($48.7k), France ($13.3k), and Netherlands ($12.1k).

The fastest growing export markets for Perfume Plants of Dominican Republic between 2018 and 2019 were Spain ($31.7k), Poland ($3.19k), and Finland ($1.29k).

Imports: In 2019, Dominican Republic imported $731k in Perfume Plants, becoming the 104th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 722nd most imported product in Dominican Republic. Dominican Republic imports Perfume Plants primarily from: Germany ($211k), Poland ($175k), Spain ($129k), Costa Rica ($71.8k), and Egypt ($53.5k).

The fastest growing import markets in Perfume Plants for Dominican Republic between 2018 and 2019 were Spain ($93.4k), Germany ($83.1k), and Poland ($34.4k).

Tariffs: In 2018, the average tariff for Dominican Republic in Perfume Plants was 1.65%. The countries with the highest import tariffs for Perfume Plants were United States (United States - Dominican Republic - Central America Free Trade Agreement (DR-CAFTA; incl. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic; 2005), 4%), Angola (Most Favoured Nation duty rate treatement, 2%), Burundi (Most Favoured Nation duty rate treatement, 2%), Benin (Most Favoured Nation duty rate treatement, 2%), and Burkina Faso (Most Favoured Nation duty rate treatement, 2%).

Historical Data

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Value

EXPORTS (2019): $1.06M

IMPORTS (2019): $731k

NET TRADE (2019): $326k

In 2019, Dominican Republic exported $1.06M in Perfume Plants. The main destinations of Dominican Republic exports on Perfume Plants were Canada ($512k), United States ($449k), Spain ($48.7k), France ($13.3k), and Netherlands ($12.1k).

In 2019, Dominican Republic imported $731k in Perfume Plants, mainly from Germany ($211k), Poland ($175k), Spain ($129k), Costa Rica ($71.8k), and Egypt ($53.5k).

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IN 2019, Dominican Republic HAD A POSITIVE NET TRADE IN Perfume Plants WITH:

IN 2019, Dominican Republic HAD A NEGATIVE NET TRADE IN Perfume Plants WITH:

Flow

THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Dominican Republic WERE (2018 - 2019):

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

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Market Concentration

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Type

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

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

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Tariffs by Country

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In 2018, the average tariff for Dominican Republic in Perfume Plants was 1.65%.

The countries with the highest tariffs for Perfume Plants in Dominican Republic were United States (United States - Dominican Republic - Central America Free Trade Agreement (DR-CAFTA; incl. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic; 2005), 4%), Angola (Most Favoured Nation duty rate treatement, 2%), Burundi (Most Favoured Nation duty rate treatement, 2%), Benin (Most Favoured Nation duty rate treatement, 2%), and Burkina Faso (Most Favoured Nation duty rate treatement, 2%).