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2022
Exports $79.4MWorld Rnk 21 / 177
Flag Rnk 31 / 1030
2022
Destination $4.04M United States
2021 - 2022
FASTEST GROWING MARKET $4.04MSouth Korea
2022
PRODUCT COMPLEXITY IN Bandages0.96Rnk 187 / 1025
2022
Imports $31.1MWorld Rnk 48 / 221
Flag Rnk 182 / 1163
2022
Origin $2.44M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.44MChina
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $79.4M in Bandages, making it the 21st largest exporter of Bandages in the world. At the same year, Bandages was the 31st most exported product in Dominican Republic. The main destination of Bandages exports from Dominican Republic are: United States ($31.7M), Singapore ($7.46M), South Korea ($6.49M), United Kingdom ($3.97M), and Japan ($3.63M).

The fastest growing export markets for Bandages of Dominican Republic between 2021 and 2022 were South Korea ($4.04M), United Kingdom ($2.9M), and Singapore ($1.03M).

Imports In 2022, Dominican Republic imported $31.1M in Bandages, becoming the 48th largest importer of Bandages in the world. At the same year, Bandages was the 182nd most imported product in Dominican Republic. Dominican Republic imports Bandages primarily from: United States ($13.2M), United Kingdom ($9.05M), China ($6.85M), Netherlands ($720k), and Mexico ($344k).

The fastest growing import markets in Bandages for Dominican Republic between 2021 and 2022 were China ($2.44M), United States ($2.07M), and United Kingdom ($1.33M).

Latest Trends

Nov 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 Bandages. 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)$79.4M
IMPORTS (2022)$31.1M
NET TRADE (2022)$48.3M

In 2022, Dominican Republic exported $79.4M in Bandages. The main destinations of Dominican Republic exports on Bandages were United States ($31.7M), Singapore ($7.46M), South Korea ($6.49M), United Kingdom ($3.97M), and Japan ($3.63M).

In 2022, Dominican Republic imported $31.1M in Bandages, mainly from United States ($13.2M), United Kingdom ($9.05M), China ($6.85M), Netherlands ($720k), and Mexico ($344k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
South Korea$4.04M (164%)
United Kingdom$2.9M (270%)
Singapore$1.03M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Dominican Republic WERE (2021 - 2022):
United States-$9.05M (-22.2%)
Chile-$507k (-32.9%)
Spain-$454k (-22%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Bandages were:
China $2.84B
United States $1.04B
Germany $861M
In 2022, Dominican Republic's main importing competitors in Bandages were:
United States $1.7B
Germany $940M
Netherlands $592M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.03M
TOP IMPORT POTENTIALChina+ $2.26M

Bandages’s highest export potential is United States. With an export gap of $6.03M.   Bandages’s highest import potential is China with an import gap of $2.26M.

See methodology.

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