2022
Exports
$21.2MWorld Rnk 44 / 202
Flag Rnk 86 / 1030
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$26.9MWorld Rnk 76 / 223
Flag Rnk 203 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $21.2M in Soap, making it the 44th largest exporter of Soap in the world. At the same year, Soap was the 86th most exported product in Dominican Republic. The main destination of Soap exports from Dominican Republic are: Haiti ($13.3M), United States ($6.52M), Canada ($878k), Dominican Republic ($139k), and Aruba ($84.5k).

The fastest growing export markets for Soap of Dominican Republic between 2021 and 2022 were United States ($544k), Canada ($383k), and Dominican Republic ($138k).

Imports In 2022, Dominican Republic imported $26.9M in Soap, becoming the 76th largest importer of Soap in the world. At the same year, Soap was the 203rd most imported product in Dominican Republic. Dominican Republic imports Soap primarily from: United States ($7.9M), Guatemala ($7.9M), Turkey ($3.32M), Mexico ($1.88M), and China ($1.75M).

The fastest growing import markets in Soap for Dominican Republic between 2021 and 2022 were Guatemala ($2.71M), United States ($1.79M), and Turkey ($1.01M).

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 Soap. 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)$21.2M
IMPORTS (2022)$26.9M
NET TRADE (2022)-$5.69M

In 2022, Dominican Republic exported $21.2M in Soap. The main destinations of Dominican Republic exports on Soap were Haiti ($13.3M), United States ($6.52M), Canada ($878k), Dominican Republic ($139k), and Aruba ($84.5k).

In 2022, Dominican Republic imported $26.9M in Soap, mainly from United States ($7.9M), Guatemala ($7.9M), Turkey ($3.32M), Mexico ($1.88M), and China ($1.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$544k (9.1%)
Canada$383k (77.3%)
Dominican Republic$138k (49.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Dominican Republic WERE (2021 - 2022):
Haiti-$1.41M (-9.59%)
China-$104k (-100%)
France-$70.9k (-61.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.54M
TOP IMPORT POTENTIALChina+ $1.24M

Soap’s highest export potential is United States. With an export gap of $1.54M.   Soap’s highest import potential is China with an import gap of $1.24M.

See methodology.

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