Compasses in Dominican Republic | The Observatory of Economic Complexity

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Exports In 2023, Dominican Republic exported $45.6k in Compasses, making it the 120th largest exporter of Compasses in the world. At the same year, Compasses was the 694th most exported product in Dominican Republic. The main destination of Compasses exports from Dominican Republic are: United Kingdom ($23.9k), United States ($16.2k), France ($5k), Lithuania ($262), and Turks and Caicos Islands ($130).

The fastest growing export markets for Compasses of Dominican Republic between 2022 and 2023 were United Kingdom ($16.8k), France ($5k), and Lithuania ($262).

Imports In 2023, Dominican Republic imported $696k in Compasses, becoming the 119th largest importer of Compasses in the world. At the same year, Compasses was the 830th most imported product in Dominican Republic. Dominican Republic imports Compasses primarily from: United States ($493k), China ($85.7k), France ($78.8k), United Kingdom ($20.3k), and Estonia ($4.93k).

The fastest growing import markets in Compasses for Dominican Republic between 2022 and 2023 were China ($52.7k), United States ($29k), and United Kingdom ($13.1k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Compasses. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$45.6k

IMPORTS (2023)$696k

NET TRADE (2023)-$650k

In 2023, Dominican Republic exported $45.6k in Compasses. The main destinations of Dominican Republic exports on Compasses were United Kingdom ($23.9k), United States ($16.2k), France ($5k), Lithuania ($262), and Turks and Caicos Islands ($130).

In 2023, Dominican Republic imported $696k in Compasses, mainly from United States ($493k), China ($85.7k), France ($78.8k), United Kingdom ($20.3k), and Estonia ($4.93k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Exports

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THE FASTEST GROWING Compasses EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):

United Kingdom$16.8k (236%)

France$5k (1%)

Lithuania$262 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Dominican Republic WERE (2022 - 2023):

United States-$57.8k (-78.1%)

Singapore-$28.8k (-100%)

Denmark-$258 (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Dominican Republic's main exporting competitors in Compasses were:

United States $2.48B

France $1.21B

United Kingdom $601M

In 2023, Dominican Republic's main importing competitors in Compasses were:

United States $1.55B

France $513M

United Kingdom $503M

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Trade Value of Compasses by Exporters

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $59.1k

TOP IMPORT POTENTIALUnited States+ $86.6k

Compasses’s highest export potential is United States. With an export gap of $59.1k. Compasses’s highest import potential is United States with an import gap of $86.6k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

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