2022
Exports
$255kWorld Rnk 76 / 183
Flag Rnk 496 / 1030
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$1.17MWorld Rnk 73 / 216
Flag Rnk 750 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $255k in Basketwork, making it the 76th largest exporter of Basketwork in the world. At the same year, Basketwork was the 496th most exported product in Dominican Republic. The main destination of Basketwork exports from Dominican Republic are: United States ($245k), Aruba ($4.78k), Bahamas ($1.79k), Haiti ($1.75k), and Turks and Caicos Islands ($602).

The fastest growing export markets for Basketwork of Dominican Republic between 2021 and 2022 were United States ($78.6k), Aruba ($4.78k), and Bahamas ($1.79k).

Imports In 2022, Dominican Republic imported $1.17M in Basketwork, becoming the 73rd largest importer of Basketwork in the world. At the same year, Basketwork was the 750th most imported product in Dominican Republic. Dominican Republic imports Basketwork primarily from: China ($586k), Vietnam ($111k), Indonesia ($96.4k), Thailand ($93.3k), and United States ($78.8k).

The fastest growing import markets in Basketwork for Dominican Republic between 2021 and 2022 were United States ($59.3k), China ($42.4k), and Philippines ($31.6k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$255k
IMPORTS (2022)$1.17M
NET TRADE (2022)-$911k

In 2022, Dominican Republic exported $255k in Basketwork. The main destinations of Dominican Republic exports on Basketwork were United States ($245k), Aruba ($4.78k), Bahamas ($1.79k), Haiti ($1.75k), and Turks and Caicos Islands ($602).

In 2022, Dominican Republic imported $1.17M in Basketwork, mainly from China ($586k), Vietnam ($111k), Indonesia ($96.4k), Thailand ($93.3k), and United States ($78.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$78.6k (47.3%)
Aruba$4.78k (1%)
Bahamas$1.79k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Dominican Republic WERE (2021 - 2022):
Germany-$1.64k (-100%)
Italy-$1.31k (-77.2%)
Czechia-$1.1k (-75.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $106k
TOP IMPORT POTENTIALChina+ $204k

Basketwork’s highest export potential is United States. With an export gap of $106k.   Basketwork’s highest import potential is China with an import gap of $204k.

See methodology.

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