2022
Exports
$132kWorld Rnk 103 / 160
Flag Rnk 89 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$14.3MWorld Rnk 64 / 194
Flag Rnk 73 / 96
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $132k in Wool & animal hair, making it the 103rd largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 89th most exported product in Dominican Republic. The main destination of Wool & animal hair exports from Dominican Republic are: United States ($99.2k), Haiti ($17.6k), Norway ($14.7k), and China ($181).

The fastest growing export markets for Wool & animal hair of Dominican Republic between 2021 and 2022 were United States ($91.7k), Norway ($13k), and China ($181).

Imports In 2022, Dominican Republic imported $14.3M in Wool & animal hair, becoming the 64th largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 73rd most imported product in Dominican Republic. Dominican Republic imports Wool & animal hair primarily from: China ($10.9M), Mexico ($1.58M), United States ($1.2M), South Korea ($377k), and Italy ($78.2k).

The fastest growing import markets in Wool & animal hair for Dominican Republic between 2021 and 2022 were China ($3.79M), United States ($648k), and South Korea ($215k).

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 Wool & animal hair. 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)$132k
IMPORTS (2022)$14.3M
NET TRADE (2022)-$14.2M

In 2022, Dominican Republic exported $132k in Wool & animal hair. The main destinations of Dominican Republic exports on Wool & animal hair were United States ($99.2k), Haiti ($17.6k), Norway ($14.7k), and China ($181).

In 2022, Dominican Republic imported $14.3M in Wool & animal hair, mainly from China ($10.9M), Mexico ($1.58M), United States ($1.2M), South Korea ($377k), and Italy ($78.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$91.7k (1.22k%)
Norway$13k (785%)
China$181 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Dominican Republic WERE (2021 - 2022):
Haiti-$347k (-95.2%)
Dominican Republic-$3.24k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Dominican Republic's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.9k
TOP IMPORT POTENTIALItaly+ $51.9k

Wool & animal hair’s highest export potential is United States. With an export gap of $20.9k.   Wool & animal hair’s highest import potential is Italy with an import gap of $51.9k.

See methodology.

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