2023
Exports
falseWorld Rnk 114 / 167
Flag Rnk 664 / 1008
2023
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 45 / 1025
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $67.3k in Forging Machines, making it the 114th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 664th most exported product in Dominican Republic. The main destination of Forging Machines exports from Dominican Republic are: United States ($38.2k), Saint Kitts and Nevis ($15.1k), Ecuador ($8.49k), Venezuela ($3.54k), and Jamaica ($930).

The fastest growing import markets in Forging Machines for Dominican Republic between 2022 and 2023 were Turkey ($1.78M), United States ($990k), and New Zealand ($650k).

Historical Data

Trade Balance

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EXPORTS (2023)$67.3k

In 2023, Dominican Republic exported $67.3k in Forging Machines. The main destinations of Dominican Republic exports on Forging Machines were United States ($38.2k), Saint Kitts and Nevis ($15.1k), Ecuador ($8.49k), Venezuela ($3.54k), and Jamaica ($930).

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Market Growth

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Market Concentration

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In 2023, Dominican Republic's main exporting competitors in Forging Machines were:
China $1.99B
Italy $1.4B
Germany $1.17B
In 2023, Dominican Republic's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

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Forging Machines’s highest export potential is N/A. With an export gap of N/A.   Forging Machines’s highest import potential is N/A with an import gap of N/A.

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