2022
Exports
$1.49MWorld Rnk 68 / 144
Flag Rnk 306 / 1030
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$7.06MWorld Rnk 54 / 182
Flag Rnk 439 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.49M in Silver, making it the 68th largest exporter of Silver in the world. At the same year, Silver was the 306th most exported product in Dominican Republic. The main destination of Silver exports from Dominican Republic are: United States ($1.15M), Italy ($141k), Dominican Republic ($72.3k), France ($63.6k), and United Kingdom ($45.3k).

The fastest growing export markets for Silver of Dominican Republic between 2021 and 2022 were France ($63.6k), Italy ($57k), and United Kingdom ($39.2k).

Imports In 2022, Dominican Republic imported $7.06M in Silver, becoming the 54th largest importer of Silver in the world. At the same year, Silver was the 439th most imported product in Dominican Republic. Dominican Republic imports Silver primarily from: United States ($6.9M), Dominican Republic ($72.3k), Italy ($55k), China ($32.1k), and Mexico ($7.08k).

The fastest growing import markets in Silver for Dominican Republic between 2021 and 2022 were United States ($4.08M), Mexico ($6.2k), and France ($473).

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 Silver. 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)$1.49M
IMPORTS (2022)$7.06M
NET TRADE (2022)-$5.57M

In 2022, Dominican Republic exported $1.49M in Silver. The main destinations of Dominican Republic exports on Silver were United States ($1.15M), Italy ($141k), Dominican Republic ($72.3k), France ($63.6k), and United Kingdom ($45.3k).

In 2022, Dominican Republic imported $7.06M in Silver, mainly from United States ($6.9M), Dominican Republic ($72.3k), Italy ($55k), China ($32.1k), and Mexico ($7.08k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
France$63.6k (1%)
Italy$57k (68%)
United Kingdom$39.2k (644%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Dominican Republic WERE (2021 - 2022):
Dominican Republic-$1.2M (-94.3%)
United States-$147k (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $221k
TOP IMPORT POTENTIALUnited States+ $227k

Silver’s highest export potential is United States. With an export gap of $221k.   Silver’s highest import potential is United States with an import gap of $227k.

See methodology.

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