2022
Exports
$5.77MWorld Rnk 61 / 195
Flag Rnk 169 / 1030
2022
PRODUCT COMPLEXITY IN Glues
1.14Rnk 119 / 1025
2022
Imports
$31.4MWorld Rnk 71 / 224
Flag Rnk 180 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $5.77M in Glues, making it the 61st largest exporter of Glues in the world. At the same year, Glues was the 169th most exported product in Dominican Republic. The main destination of Glues exports from Dominican Republic are: Venezuela ($1.51M), United States ($1.3M), Haiti ($1.19M), Jamaica ($620k), and Dominican Republic ($397k).

The fastest growing export markets for Glues of Dominican Republic between 2021 and 2022 were Haiti ($400k), Dominican Republic ($374k), and Venezuela ($288k).

Imports In 2022, Dominican Republic imported $31.4M in Glues, becoming the 71st largest importer of Glues in the world. At the same year, Glues was the 180th most imported product in Dominican Republic. Dominican Republic imports Glues primarily from: United States ($17M), China ($5.73M), Colombia ($1.25M), Mexico ($1.18M), and Brazil ($792k).

The fastest growing import markets in Glues for Dominican Republic between 2021 and 2022 were United States ($2.33M), China ($1.2M), and Mexico ($542k).

COMPANIES In 2023, leading companies such as Rothfos (3) and Barry Callebaut (2) were at the forefront of shipping Glues from Dominican Republic to the United States.

Latest Trends

Sep 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 Glues. 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)$5.77M
IMPORTS (2022)$31.4M
NET TRADE (2022)-$25.7M

In 2022, Dominican Republic exported $5.77M in Glues. The main destinations of Dominican Republic exports on Glues were Venezuela ($1.51M), United States ($1.3M), Haiti ($1.19M), Jamaica ($620k), and Dominican Republic ($397k).

In 2022, Dominican Republic imported $31.4M in Glues, mainly from United States ($17M), China ($5.73M), Colombia ($1.25M), Mexico ($1.18M), and Brazil ($792k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$400k (50.8%)
Dominican Republic$374k (1.63k%)
Venezuela$288k (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY Dominican Republic WERE (2021 - 2022):
Mexico-$324k (-100%)
Costa Rica-$307k (-53.2%)
Jamaica-$190k (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $617k
TOP IMPORT POTENTIALChina+ $1.98M

Glues’s highest export potential is United States. With an export gap of $617k.   Glues’s highest import potential is China with an import gap of $1.98M.

See methodology.

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