2023
Exports
$110kWorld Rnk 124 / 178
Flag Rnk 593 / 1008
2023
PRODUCT COMPLEXITY IN Fork-Lifts
1.51Rnk 42 / 1025
2023
Imports
$32.5MWorld Rnk 70 / 220
Flag Rnk 182 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $110k in Fork-Lifts, making it the 124th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 593rd most exported product in Dominican Republic. The main destination of Fork-Lifts exports from Dominican Republic are: Jamaica ($86.4k), South Korea ($20.4k), Cuba ($1.55k), Ecuador ($842), and Honduras ($500).

The fastest growing export markets for Fork-Lifts of Dominican Republic between 2022 and 2023 were Jamaica ($86.4k), South Korea ($20.4k), and Cuba ($1.55k).

Imports In 2023, Dominican Republic imported $32.5M in Fork-Lifts, becoming the 70th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 182nd most imported product in Dominican Republic. Dominican Republic imports Fork-Lifts primarily from: China ($12M), United States ($11.9M), United Kingdom ($1.89M), Japan ($1.4M), and Ireland ($1.17M).

The fastest growing import markets in Fork-Lifts for Dominican Republic between 2022 and 2023 were China ($3.15M), United States ($2.58M), and United Kingdom ($1.36M).

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 Fork-Lifts. 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)$110k
IMPORTS (2023)$32.5M
NET TRADE (2023)-$32.4M

In 2023, Dominican Republic exported $110k in Fork-Lifts. The main destinations of Dominican Republic exports on Fork-Lifts were Jamaica ($86.4k), South Korea ($20.4k), Cuba ($1.55k), Ecuador ($842), and Honduras ($500).

In 2023, Dominican Republic imported $32.5M in Fork-Lifts, mainly from China ($12M), United States ($11.9M), United Kingdom ($1.89M), Japan ($1.4M), and Ireland ($1.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Jamaica$86.4k (1%)
South Korea$20.4k (1%)
Cuba$1.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Dominican Republic WERE (2022 - 2023):
Germany-$9.51k (-100%)
United States-$3.72k (-100%)
Portugal-$160 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Fork-Lifts were:
In 2023, Dominican Republic's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15k
TOP IMPORT POTENTIALChina+ $3.34M

Fork-Lifts’s highest export potential is United States. With an export gap of $15k.   Fork-Lifts’s highest import potential is China with an import gap of $3.34M.

See methodology.

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