2022
Exports
$4.68MWorld Rnk 31 / 123
Flag Rnk 192 / 1030
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$127kWorld Rnk 98 / 179
Flag Rnk 997 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $4.68M in Cocoa Butter, making it the 31st largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 192nd most exported product in Dominican Republic. The main destination of Cocoa Butter exports from Dominican Republic are: United States ($2.32M), Germany ($1.19M), Netherlands ($714k), France ($146k), and Belgium ($128k).

The fastest growing export markets for Cocoa Butter of Dominican Republic between 2021 and 2022 were United States ($628k), Germany ($349k), and Belgium ($128k).

Imports In 2022, Dominican Republic imported $127k in Cocoa Butter, becoming the 98th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 997th most imported product in Dominican Republic. Dominican Republic imports Cocoa Butter primarily from: United States ($122k), Dominican Republic ($3.34k), Belgium ($848), and Spain ($338).

The fastest growing import markets in Cocoa Butter for Dominican Republic between 2021 and 2022 were United States ($112k), Dominican Republic ($3.34k), and Spain ($274).

Latest Trends

Sep 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 Cocoa Butter. 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)$4.68M
IMPORTS (2022)$127k
NET TRADE (2022)$4.55M

In 2022, Dominican Republic exported $4.68M in Cocoa Butter. The main destinations of Dominican Republic exports on Cocoa Butter were United States ($2.32M), Germany ($1.19M), Netherlands ($714k), France ($146k), and Belgium ($128k).

In 2022, Dominican Republic imported $127k in Cocoa Butter, mainly from United States ($122k), Dominican Republic ($3.34k), Belgium ($848), and Spain ($338).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$628k (37.2%)
Germany$349k (41.5%)
Belgium$128k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Dominican Republic WERE (2021 - 2022):
Netherlands-$3.42M (-82.7%)
Switzerland-$239k (-84%)
Austria-$97.9k (-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 Cocoa Butter were:
In 2022, Dominican Republic's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $959k
TOP IMPORT POTENTIALUnited States+ $12.1k

Cocoa Butter’s highest export potential is United States. With an export gap of $959k.   Cocoa Butter’s highest import potential is United States with an import gap of $12.1k.

See methodology.

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