2022
Exports
$10.1kWorld Rnk 73 / 132
Flag Rnk 861 / 1030
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.5Rnk 368 / 1025
2022
Imports
$512kWorld Rnk 98 / 209
Flag Rnk 882 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $10.1k in Cooking Hand Tools, making it the 73rd largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 861st most exported product in Dominican Republic. The main destination of Cooking Hand Tools exports from Dominican Republic are: Haiti ($4.3k), Germany ($3.64k), Czechia ($1.43k), United States ($580), and Turkey ($100).

The fastest growing export markets for Cooking Hand Tools of Dominican Republic between 2021 and 2022 were Haiti ($4.3k), Germany ($3.58k), and Czechia ($1.14k).

Imports In 2022, Dominican Republic imported $512k in Cooking Hand Tools, becoming the 98th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 882nd most imported product in Dominican Republic. Dominican Republic imports Cooking Hand Tools primarily from: China ($312k), Colombia ($99.4k), United States ($60.8k), Spain ($14.8k), and Netherlands ($14.2k).

The fastest growing import markets in Cooking Hand Tools for Dominican Republic between 2021 and 2022 were China ($52.1k), Colombia ($49.8k), and United States ($15.6k).

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 Cooking Hand Tools. 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)$10.1k
IMPORTS (2022)$512k
NET TRADE (2022)-$502k

In 2022, Dominican Republic exported $10.1k in Cooking Hand Tools. The main destinations of Dominican Republic exports on Cooking Hand Tools were Haiti ($4.3k), Germany ($3.64k), Czechia ($1.43k), United States ($580), and Turkey ($100).

In 2022, Dominican Republic imported $512k in Cooking Hand Tools, mainly from China ($312k), Colombia ($99.4k), United States ($60.8k), Spain ($14.8k), and Netherlands ($14.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$4.3k (1%)
Germany$3.58k (6.52k%)
Czechia$1.14k (394%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Dominican Republic WERE (2021 - 2022):
Venezuela-$57 (-100%)
Spain-$45 (-100%)
France-$7 (-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 Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, Dominican Republic's main importing competitors in Cooking Hand Tools were:

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.4k
TOP IMPORT POTENTIALChina+ $76.1k

Cooking Hand Tools’s highest export potential is Germany. With an export gap of $2.4k.   Cooking Hand Tools’s highest import potential is China with an import gap of $76.1k.

See methodology.

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