2023
Exports
$625kWorld Rnk 80 / 185
Flag Rnk 375 / 1008
2023
PRODUCT COMPLEXITY IN Wood Crates
0.31Rnk 454 / 1025
2023
Imports
$3.37MWorld Rnk 70 / 216
Flag Rnk 573 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $625k in Wood Crates, making it the 80th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 375th most exported product in Dominican Republic. The main destination of Wood Crates exports from Dominican Republic are: Nicaragua ($227k), Barbados ($192k), United States ($120k), Cuba ($36.9k), and Colombia ($12.1k).

The fastest growing export markets for Wood Crates of Dominican Republic between 2022 and 2023 were Barbados ($102k), Turks and Caicos Islands ($7.4k), and Cuba ($6.34k).

Imports In 2023, Dominican Republic imported $3.37M in Wood Crates, becoming the 70th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 573rd most imported product in Dominican Republic. Dominican Republic imports Wood Crates primarily from: United States ($1.26M), China ($491k), Honduras ($437k), Nicaragua ($369k), and Netherlands ($243k).

The fastest growing import markets in Wood Crates for Dominican Republic between 2022 and 2023 were United States ($468k), Honduras ($437k), and Italy ($176k).

Latest Trends

Dec 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 Wood Crates. 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 (2023)$625k
IMPORTS (2023)$3.37M
NET TRADE (2023)-$2.74M

In 2023, Dominican Republic exported $625k in Wood Crates. The main destinations of Dominican Republic exports on Wood Crates were Nicaragua ($227k), Barbados ($192k), United States ($120k), Cuba ($36.9k), and Colombia ($12.1k).

In 2023, Dominican Republic imported $3.37M in Wood Crates, mainly from United States ($1.26M), China ($491k), Honduras ($437k), Nicaragua ($369k), and Netherlands ($243k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Barbados$102k (113%)
Cuba$6.34k (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Dominican Republic WERE (2022 - 2023):
Haiti-$129k (-94.5%)
Nicaragua-$64.8k (-22.2%)
Peru-$49.5k (-88.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Wood Crates were:
In 2023, Dominican Republic's main importing competitors in Wood Crates were:

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $171k
TOP IMPORT POTENTIALSpain+ $86.4k

Wood Crates’s highest export potential is United States. With an export gap of $171k.   Wood Crates’s highest import potential is Spain with an import gap of $86.4k.

See methodology.

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