2023
Exports
$314kWorld Rnk 122 / 166
Flag Rnk 462 / 1008
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$15MWorld Rnk 101 / 218
Flag Rnk 293 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $314k in Cranes, making it the 122nd largest exporter of Cranes in the world. At the same year, Cranes was the 462nd most exported product in Dominican Republic. The main destination of Cranes exports from Dominican Republic are: Panama ($282k), Guatemala ($29.4k), United States ($932), Turks and Caicos Islands ($864), and Jamaica ($323).

The fastest growing export markets for Cranes of Dominican Republic between 2022 and 2023 were Panama ($87.6k), Guatemala ($29.4k), and Turks and Caicos Islands ($864).

Imports In 2023, Dominican Republic imported $15M in Cranes, becoming the 101st largest importer of Cranes in the world. At the same year, Cranes was the 293rd most imported product in Dominican Republic. Dominican Republic imports Cranes primarily from: N/A.

The fastest growing import markets in Cranes for Dominican Republic between 2022 and 2023 were China ($2.34M), Spain ($564k), and Brazil ($531k).

Latest Trends

Jan 2025

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 Cranes. 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 (2023)$314k
IMPORTS (2023)$15M
NET TRADE (2023)-$14.7M

In 2023, Dominican Republic exported $314k in Cranes. The main destinations of Dominican Republic exports on Cranes were Panama ($282k), Guatemala ($29.4k), United States ($932), Turks and Caicos Islands ($864), and Jamaica ($323).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Panama$87.6k (44.9%)
Guatemala$29.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Dominican Republic WERE (2022 - 2023):
Australia-$1.13M (-100%)
Haiti-$90k (-100%)
Jamaica-$46.3k (-99.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Dominican Republic's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSenegal+ $3.54k
TOP IMPORT POTENTIALChina+ $2.03M

Cranes’s highest export potential is Senegal. With an export gap of $3.54k.   Cranes’s highest import potential is China with an import gap of $2.03M.

See methodology.

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