2023
Exports
$13MWorld Rnk 24 / 150
Flag Rnk 113 / 1008
2023
PRODUCT COMPLEXITY IN Cereal Meal and Pellets
-1.13Rnk 861 / 1025
2023
Imports
$1.52MWorld Rnk 109 / 210
Flag Rnk 708 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $13M in Cereal Meal and Pellets, making it the 24th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 113th most exported product in Dominican Republic. The main destination of Cereal Meal and Pellets exports from Dominican Republic are: Haiti ($6.86M), Guatemala ($3.35M), Honduras ($2.49M), Spain ($167k), and United States ($54.4k).

The fastest growing export markets for Cereal Meal and Pellets of Dominican Republic between 2022 and 2023 were Haiti ($1.22M), Panama ($8.28k), and Mexico ($6.74k).

Imports In 2023, Dominican Republic imported $1.52M in Cereal Meal and Pellets, becoming the 109th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 708th most imported product in Dominican Republic. Dominican Republic imports Cereal Meal and Pellets primarily from: United States ($753k), Spain ($410k), Mexico ($125k), India ($104k), and Italy ($84.5k).

The fastest growing import markets in Cereal Meal and Pellets for Dominican Republic between 2022 and 2023 were United States ($189k), Spain ($173k), and India ($95k).

COMPANIES In 2024, leading companies such as Goya Foods (1) were at the forefront of shipping Cereal Meal and Pellets from Dominican Republic to the United States.

Latest Trends

Dec 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 Cereal Meal and Pellets. 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)$13M
IMPORTS (2023)$1.52M
NET TRADE (2023)$11.5M

In 2023, Dominican Republic exported $13M in Cereal Meal and Pellets. The main destinations of Dominican Republic exports on Cereal Meal and Pellets were Haiti ($6.86M), Guatemala ($3.35M), Honduras ($2.49M), Spain ($167k), and United States ($54.4k).

In 2023, Dominican Republic imported $1.52M in Cereal Meal and Pellets, mainly from United States ($753k), Spain ($410k), Mexico ($125k), India ($104k), and Italy ($84.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Haiti$1.22M (21.6%)
Panama$8.28k (74.6%)
Mexico$6.74k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Dominican Republic WERE (2022 - 2023):
Guatemala-$880k (-20.8%)
Honduras-$426k (-14.6%)
Spain-$42.9k (-20.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Cereal Meal and Pellets were:
In 2023, Dominican Republic's main importing competitors in Cereal Meal and Pellets were:

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $7.88k
TOP IMPORT POTENTIALUnited States+ $43.7k

Cereal Meal and Pellets’s highest export potential is Spain. With an export gap of $7.88k.   Cereal Meal and Pellets’s highest import potential is United States with an import gap of $43.7k.

See methodology.

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