2023
Exports
$4.48MWorld Rnk 84 / 220
Flag Rnk 180 / 1008
2023
PRODUCT COMPLEXITY IN Electrical Control Boards
0.69Rnk 285 / 1025
2023
Imports
$52MWorld Rnk 82 / 225
Flag Rnk 125 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $4.48M in Electrical Control Boards, making it the 84th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 180th most exported product in Dominican Republic. The main destination of Electrical Control Boards exports from Dominican Republic are: Canada ($2.2M), United States ($391k), Poland ($316k), Guatemala ($243k), and Spain ($123k).

The fastest growing export markets for Electrical Control Boards of Dominican Republic between 2022 and 2023 were Guatemala ($135k), Indonesia ($72k), and Antigua and Barbuda ($69.5k).

Imports In 2023, Dominican Republic imported $52M in Electrical Control Boards, becoming the 82nd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 125th most imported product in Dominican Republic. Dominican Republic imports Electrical Control Boards primarily from: Spain ($13.1M), United States ($10.4M), China ($8.97M), Mexico ($8.22M), and Germany ($2.19M).

The fastest growing import markets in Electrical Control Boards for Dominican Republic between 2022 and 2023 were Spain ($7.55M), Mexico ($4.57M), and China ($2.28M).

COMPANIES In 2024, leading companies such as Del Monte Foods (1) were at the forefront of shipping Electrical Control Boards from Dominican Republic to the United States.

Latest Trends

Dec 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 Electrical Control Boards. 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)$4.48M
IMPORTS (2023)$52M
NET TRADE (2023)-$47.5M

In 2023, Dominican Republic exported $4.48M in Electrical Control Boards. The main destinations of Dominican Republic exports on Electrical Control Boards were Canada ($2.2M), United States ($391k), Poland ($316k), Guatemala ($243k), and Spain ($123k).

In 2023, Dominican Republic imported $52M in Electrical Control Boards, mainly from Spain ($13.1M), United States ($10.4M), China ($8.97M), Mexico ($8.22M), and Germany ($2.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Guatemala$135k (126%)
Indonesia$72k (8.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Dominican Republic WERE (2022 - 2023):
United States-$625k (-61.5%)
Canada-$283k (-11.4%)
Mexico-$209k (-75.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, Dominican Republic's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.03M
TOP IMPORT POTENTIALChina+ $6.05M

Electrical Control Boards’s highest export potential is United States. With an export gap of $2.03M.   Electrical Control Boards’s highest import potential is China with an import gap of $6.05M.

See methodology.

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