2022
Exports
$511World Rnk 122 / 138
Flag Rnk 96 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$587kWorld Rnk 86 / 196
Flag Rnk 96 / 96
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $511 in Silk, making it the 122nd largest exporter of Silk in the world. At the same year, Silk was the 96th most exported product in Dominican Republic. The main destination of Silk exports from Dominican Republic are: United States ($360) and Belgium ($151).

The fastest growing export markets for Silk of Dominican Republic between 2021 and 2022 were Belgium ($151).

Imports In 2022, Dominican Republic imported $587k in Silk, becoming the 86th largest importer of Silk in the world. At the same year, Silk was the 96th most imported product in Dominican Republic. Dominican Republic imports Silk primarily from: China ($488k), United States ($75.9k), Italy ($17.5k), Canada ($3.41k), and Thailand ($2.38k).

The fastest growing import markets in Silk for Dominican Republic between 2021 and 2022 were United States ($51.4k), France ($659), and India ($52).

Latest Trends

Jul 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 Silk. 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)$511
IMPORTS (2022)$587k
NET TRADE (2022)-$587k

In 2022, Dominican Republic exported $511 in Silk. The main destinations of Dominican Republic exports on Silk were United States ($360) and Belgium ($151).

In 2022, Dominican Republic imported $587k in Silk, mainly from China ($488k), United States ($75.9k), Italy ($17.5k), Canada ($3.41k), and Thailand ($2.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):Belgium$151 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Dominican Republic WERE (2021 - 2022):United States-$65.5k (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Silk were:
In 2022, Dominican Republic's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.2k
TOP IMPORT POTENTIALChina+ $64.6k

Silk’s highest export potential is United States. With an export gap of $1.2k.   Silk’s highest import potential is China with an import gap of $64.6k.

See methodology.

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