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Pricing

2022
Exports $13.7MWorld Rnk 73 / 216
Flag Rnk 109 / 1030
2022
Destination $3.68M United States
2021 - 2022
FASTEST GROWING MARKET $3.68MUnited States
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $64.5MWorld Rnk 76 / 223
Flag Rnk 98 / 1163
2022
Origin $6.54M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.54MColombia
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $13.7M in Beauty Products, making it the 73rd largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 109th most exported product in Dominican Republic. The main destination of Beauty Products exports from Dominican Republic are: United States ($10M), Cuba ($706k), Haiti ($598k), Canada ($384k), and France ($370k).

The fastest growing export markets for Beauty Products of Dominican Republic between 2021 and 2022 were United States ($3.68M), Cuba ($689k), and Chile ($257k).

Imports In 2022, Dominican Republic imported $64.5M in Beauty Products, becoming the 76th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 98th most imported product in Dominican Republic. Dominican Republic imports Beauty Products primarily from: United States ($27M), Colombia ($13.6M), Spain ($5.73M), France ($4.36M), and Mexico ($3.61M).

The fastest growing import markets in Beauty Products for Dominican Republic between 2021 and 2022 were Colombia ($6.54M), United States ($6.11M), and China ($1.3M).

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 Beauty Products. 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)$13.7M
IMPORTS (2022)$64.5M
NET TRADE (2022)-$50.8M

In 2022, Dominican Republic exported $13.7M in Beauty Products. The main destinations of Dominican Republic exports on Beauty Products were United States ($10M), Cuba ($706k), Haiti ($598k), Canada ($384k), and France ($370k).

In 2022, Dominican Republic imported $64.5M in Beauty Products, mainly from United States ($27M), Colombia ($13.6M), Spain ($5.73M), France ($4.36M), and Mexico ($3.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$3.68M (57.7%)
Cuba$689k (4.18k%)
Chile$257k (14.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Dominican Republic WERE (2021 - 2022):
Haiti-$974k (-62%)
Russia-$620k (-100%)
Netherlands-$345k (-98.8%)
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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 Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Dominican Republic's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.57M
TOP IMPORT POTENTIALFrance+ $2.83M

Beauty Products’s highest export potential is United States. With an export gap of $2.57M.   Beauty Products’s highest import potential is France with an import gap of $2.83M.

See methodology.

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