2023
Exports
$91.6MWorld Rnk 19 / 175
Flag Rnk 24 / 1008
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$28.1MWorld Rnk 48 / 221
Flag Rnk 206 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $91.6M in Bandages, making it the 19th largest exporter of Bandages in the world. At the same year, Bandages was the 24th most exported product in Dominican Republic. The main destination of Bandages exports from Dominican Republic are: United States ($46.3M), Singapore ($9.36M), United Kingdom ($4.75M), Mexico ($3.53M), and Japan ($2.98M).

The fastest growing export markets for Bandages of Dominican Republic between 2022 and 2023 were United States ($21.1M), Singapore ($1.9M), and Mexico ($995k).

Imports In 2023, Dominican Republic imported $28.1M in Bandages, becoming the 48th largest importer of Bandages in the world. At the same year, Bandages was the 206th most imported product in Dominican Republic. Dominican Republic imports Bandages primarily from: Netherlands ($9.34M), United Kingdom ($5.94M), United States ($5.76M), China ($5.55M), and Germany ($631k).

The fastest growing import markets in Bandages for Dominican Republic between 2022 and 2023 were Netherlands ($9.14M), United Kingdom ($640k), and Germany ($293k).

Latest Trends

Jan 2025

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 (2023)$91.6M
IMPORTS (2023)$28.1M
NET TRADE (2023)$63.5M

In 2023, Dominican Republic exported $91.6M in Bandages. The main destinations of Dominican Republic exports on Bandages were United States ($46.3M), Singapore ($9.36M), United Kingdom ($4.75M), Mexico ($3.53M), and Japan ($2.98M).

In 2023, Dominican Republic imported $28.1M in Bandages, mainly from Netherlands ($9.34M), United Kingdom ($5.94M), United States ($5.76M), China ($5.55M), and Germany ($631k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
United States$21.1M (83.3%)
Singapore$1.9M (25.5%)
Mexico$995k (39.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Dominican Republic WERE (2022 - 2023):
South Korea-$6.5M (-100%)
Poland-$829k (-27.5%)
Japan-$651k (-17.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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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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