2022
Exports
$875kWorld Rnk 95 / 213
Flag Rnk 362 / 1030
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$11.8MWorld Rnk 90 / 225
Flag Rnk 339 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $875k in Interchangeable Tool Parts, making it the 95th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 362nd most exported product in Dominican Republic. The main destination of Interchangeable Tool Parts exports from Dominican Republic are: Jamaica ($617k), United States ($145k), Dominican Republic ($80.4k), Haiti ($11.7k), and Peru ($6.14k).

The fastest growing export markets for Interchangeable Tool Parts of Dominican Republic between 2021 and 2022 were Jamaica ($563k), Dominican Republic ($79.8k), and Peru ($6.14k).

Imports In 2022, Dominican Republic imported $11.8M in Interchangeable Tool Parts, becoming the 90th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 339th most imported product in Dominican Republic. Dominican Republic imports Interchangeable Tool Parts primarily from: United States ($3.61M), Mexico ($1.81M), China ($1.78M), Sweden ($1.25M), and Italy ($931k).

The fastest growing import markets in Interchangeable Tool Parts for Dominican Republic between 2021 and 2022 were Sweden ($957k), United States ($619k), and Italy ($595k).

Latest Trends

Jul 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 Interchangeable Tool Parts. 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)$875k
IMPORTS (2022)$11.8M
NET TRADE (2022)-$10.9M

In 2022, Dominican Republic exported $875k in Interchangeable Tool Parts. The main destinations of Dominican Republic exports on Interchangeable Tool Parts were Jamaica ($617k), United States ($145k), Dominican Republic ($80.4k), Haiti ($11.7k), and Peru ($6.14k).

In 2022, Dominican Republic imported $11.8M in Interchangeable Tool Parts, mainly from United States ($3.61M), Mexico ($1.81M), China ($1.78M), Sweden ($1.25M), and Italy ($931k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Jamaica$563k (1.03k%)
Dominican Republic$79.8k (13.3k%)
Peru$6.14k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Dominican Republic WERE (2021 - 2022):
United States-$184k (-56%)
Switzerland-$61.6k (-99.8%)
Sri Lanka-$47.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $277k
TOP IMPORT POTENTIALChina+ $1.36M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $277k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $1.36M.

See methodology.

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