2022
Exports
$2.8MWorld Rnk 31 / 105
Flag Rnk 229 / 1030
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$661kWorld Rnk 76 / 169
Flag Rnk 845 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.8M in Cocoa Paste, making it the 31st largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 229th most exported product in Dominican Republic. The main destination of Cocoa Paste exports from Dominican Republic are: Canada ($1.62M), United States ($418k), France ($266k), Italy ($212k), and Germany ($146k).

The fastest growing export markets for Cocoa Paste of Dominican Republic between 2021 and 2022 were Canada ($1.62M), United States ($378k), and Italy ($110k).

Imports In 2022, Dominican Republic imported $661k in Cocoa Paste, becoming the 76th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 845th most imported product in Dominican Republic. Dominican Republic imports Cocoa Paste primarily from: Peru ($545k), Ecuador ($113k), and Dominican Republic ($4.05k).

The fastest growing import markets in Cocoa Paste for Dominican Republic between 2021 and 2022 were Peru ($127k) and Dominican Republic ($4.05k).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Cocoa Paste from Dominican Republic to the United States.

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 Paste. 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)$2.8M
IMPORTS (2022)$661k
NET TRADE (2022)$2.14M

In 2022, Dominican Republic exported $2.8M in Cocoa Paste. The main destinations of Dominican Republic exports on Cocoa Paste were Canada ($1.62M), United States ($418k), France ($266k), Italy ($212k), and Germany ($146k).

In 2022, Dominican Republic imported $661k in Cocoa Paste, mainly from Peru ($545k), Ecuador ($113k), and Dominican Republic ($4.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Canada$1.62M (1%)
United States$378k (960%)
Italy$110k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Dominican Republic WERE (2021 - 2022):
Germany-$449k (-75.5%)
Singapore-$138k (-100%)
Slovenia-$2 (-0.44%)

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 Paste were:
In 2022, Dominican Republic's main importing competitors in Cocoa Paste were:

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $489k
TOP IMPORT POTENTIALCote d'Ivoire+ $1.38k

Cocoa Paste’s highest export potential is United States. With an export gap of $489k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.38k.

See methodology.

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