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2012
Exports $2.03kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Borates-0.2Rnk 618 / 1025
2012
Imports $159kWorld Rnk 98 / 184
Flag Rnk 982 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Imports In 2022, Dominican Republic imported $159k in Borates, becoming the 98th largest importer of Borates in the world. At the same year, Borates was the 982nd most imported product in Dominican Republic. Dominican Republic imports Borates primarily from: Mexico ($50.5k), United States ($46k), Guatemala ($22.3k), Turkey ($21.9k), and Germany ($7.52k).

The fastest growing import markets in Borates for Dominican Republic between 2021 and 2022 were Mexico ($38.4k), Germany ($7.18k), and Australia ($2.46k).

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 Borates. 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 (2012)$2.03k
IMPORTS (2022)$159k
NET TRADE (2022)-$159k

In 2022, Dominican Republic imported $159k in Borates, mainly from Mexico ($50.5k), United States ($46k), Guatemala ($22.3k), Turkey ($21.9k), and Germany ($7.52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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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 Borates were:
Turkey $669M
United States $403M
China $40.4M
In 2022, Dominican Republic's main importing competitors in Borates were:
China $485M
United States $110M
India $72M

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $436
TOP IMPORT POTENTIALUnited States+ $12.8k

Borates’s highest export potential is China. With an export gap of $436.   Borates’s highest import potential is United States with an import gap of $12.8k.

See methodology.

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