2022
Exports
$25.8MWorld Rnk 52 / 218
Flag Rnk 73 / 1030
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$222MWorld Rnk 41 / 225
Flag Rnk 21 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $25.8M in Electrical Power Accessories, making it the 52nd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 73rd most exported product in Dominican Republic. The main destination of Electrical Power Accessories exports from Dominican Republic are: United States ($16.9M), Canada ($3.54M), China ($1.68M), Costa Rica ($578k), and Singapore ($348k).

The fastest growing export markets for Electrical Power Accessories of Dominican Republic between 2021 and 2022 were United States ($3.63M), China ($553k), and Canada ($325k).

Imports In 2022, Dominican Republic imported $222M in Electrical Power Accessories, becoming the 41st largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 21st most imported product in Dominican Republic. Dominican Republic imports Electrical Power Accessories primarily from: United States ($143M), South Korea ($53.1M), China ($12.6M), Spain ($5.18M), and India ($1.44M).

The fastest growing import markets in Electrical Power Accessories for Dominican Republic between 2021 and 2022 were United States ($12.8M), China ($3.66M), and India ($1.26M).

Latest Trends

Oct 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 Power Accessories. 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)$25.8M
IMPORTS (2022)$222M
NET TRADE (2022)-$196M

In 2022, Dominican Republic exported $25.8M in Electrical Power Accessories. The main destinations of Dominican Republic exports on Electrical Power Accessories were United States ($16.9M), Canada ($3.54M), China ($1.68M), Costa Rica ($578k), and Singapore ($348k).

In 2022, Dominican Republic imported $222M in Electrical Power Accessories, mainly from United States ($143M), South Korea ($53.1M), China ($12.6M), Spain ($5.18M), and India ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$3.63M (27.4%)
China$553k (49.2%)
Canada$325k (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Dominican Republic WERE (2021 - 2022):
Mexico-$263k (-49.8%)
South Africa-$132k (-48%)
Australia-$109k (-65.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Electrical Power Accessories were:
In 2022, Dominican Republic's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.06M
TOP IMPORT POTENTIALChina+ $8.8M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $8.06M.   Electrical Power Accessories’s highest import potential is China with an import gap of $8.8M.

See methodology.

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