2022
Exports
$45.2MWorld Rnk 120 / 214
Flag Rnk 44 / 1030
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$2.67BWorld Rnk 75 / 225
Flag Rnk 1 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $45.2M in Refined Petroleum, making it the 120th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 44th most exported product in Dominican Republic. The main destination of Refined Petroleum exports from Dominican Republic are: Netherlands ($22.9M), Colombia ($10.4M), France ($6.92M), Haiti ($1.66M), and United States ($1.1M).

The fastest growing export markets for Refined Petroleum of Dominican Republic between 2021 and 2022 were Netherlands ($16.5M), Colombia ($10.4M), and Nicaragua ($509k).

Imports In 2022, Dominican Republic imported $2.67B in Refined Petroleum, becoming the 75th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Dominican Republic. Dominican Republic imports Refined Petroleum primarily from: United States ($2.42B), United Kingdom ($151M), Colombia ($27.9M), Bahamas ($20.8M), and Spain ($12.5M).

The fastest growing import markets in Refined Petroleum for Dominican Republic between 2021 and 2022 were United States ($1.3B), United Kingdom ($151M), and Bahamas ($11M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Refined Petroleum from Dominican Republic to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$45.2M
IMPORTS (2022)$2.67B
NET TRADE (2022)-$2.63B

In 2022, Dominican Republic exported $45.2M in Refined Petroleum. The main destinations of Dominican Republic exports on Refined Petroleum were Netherlands ($22.9M), Colombia ($10.4M), France ($6.92M), Haiti ($1.66M), and United States ($1.1M).

In 2022, Dominican Republic imported $2.67B in Refined Petroleum, mainly from United States ($2.42B), United Kingdom ($151M), Colombia ($27.9M), Bahamas ($20.8M), and Spain ($12.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Netherlands$16.5M (256%)
Colombia$10.4M (1%)
Nicaragua$509k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Dominican Republic WERE (2021 - 2022):
United States-$17.1M (-94%)
Ecuador-$11.1M (-100%)
Haiti-$7.71M (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Dominican Republic's main exporting competitors in Refined Petroleum were:
In 2022, Dominican Republic's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $5.27M
TOP IMPORT POTENTIALUnited Kingdom+ $25.1M

Refined Petroleum’s highest export potential is France. With an export gap of $5.27M.   Refined Petroleum’s highest import potential is United Kingdom with an import gap of $25.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with