2022
Exports
$30.5MWorld Rnk 45 / 214
Flag Rnk 65 / 1030
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$40.5MWorld Rnk 71 / 225
Flag Rnk 145 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $30.5M in Chemical Analysis Instruments, making it the 45th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 65th most exported product in Dominican Republic. The main destination of Chemical Analysis Instruments exports from Dominican Republic are: Canada ($18.1M), United States ($11.6M), New Zealand ($476k), Germany ($98.2k), and Mexico ($42.9k).

The fastest growing export markets for Chemical Analysis Instruments of Dominican Republic between 2021 and 2022 were Canada ($18.1M), United States ($8.72M), and New Zealand ($475k).

Imports In 2022, Dominican Republic imported $40.5M in Chemical Analysis Instruments, becoming the 71st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 145th most imported product in Dominican Republic. Dominican Republic imports Chemical Analysis Instruments primarily from: China ($14.7M), United States ($8.41M), Germany ($5.73M), Chinese Taipei ($3.45M), and Hong Kong ($1.48M).

The fastest growing import markets in Chemical Analysis Instruments for Dominican Republic between 2021 and 2022 were China ($1.35M), United States ($880k), and Belgium ($771k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (12) were at the forefront of shipping Chemical Analysis Instruments from Dominican Republic to the United States.

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 Chemical Analysis Instruments. 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)$30.5M
IMPORTS (2022)$40.5M
NET TRADE (2022)-$9.99M

In 2022, Dominican Republic exported $30.5M in Chemical Analysis Instruments. The main destinations of Dominican Republic exports on Chemical Analysis Instruments were Canada ($18.1M), United States ($11.6M), New Zealand ($476k), Germany ($98.2k), and Mexico ($42.9k).

In 2022, Dominican Republic imported $40.5M in Chemical Analysis Instruments, mainly from China ($14.7M), United States ($8.41M), Germany ($5.73M), Chinese Taipei ($3.45M), and Hong Kong ($1.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Canada$18.1M (46.2k%)
United States$8.72M (297%)
New Zealand$475k (278k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Dominican Republic WERE (2021 - 2022):
China-$144k (-100%)
Netherlands-$120k (-100%)
Japan-$31.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Chemical Analysis Instruments were:
In 2022, Dominican Republic's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $10.4M
TOP IMPORT POTENTIALUnited States+ $4.68M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $10.4M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $4.68M.

See methodology.

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