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2022
Exports $1.52MWorld Rnk 42 / 105
Flag Rnk 304 / 1030
2022
Destination $476k Russia
2021 - 2022
FASTEST GROWING MARKET $476kRussia
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $5.52MWorld Rnk 43 / 176
Flag Rnk 476 / 1163
2022
Origin $1.53M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.53MUnited States
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.52M in Iron Powder, making it the 42nd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 304th most exported product in Dominican Republic. The main destination of Iron Powder exports from Dominican Republic are: Russia ($1.52M).

The fastest growing export markets for Iron Powder of Dominican Republic between 2021 and 2022 were Russia ($476k).

Imports In 2022, Dominican Republic imported $5.52M in Iron Powder, becoming the 43rd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 476th most imported product in Dominican Republic. Dominican Republic imports Iron Powder primarily from: United States ($4.72M), China ($440k), United Kingdom ($242k), Russia ($101k), and Germany ($13.5k).

The fastest growing import markets in Iron Powder for Dominican Republic between 2021 and 2022 were United States ($1.53M), China ($428k), and Germany ($6.83k).

Latest Trends

Aug 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 Iron Powder. 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)$1.52M
IMPORTS (2022)$5.52M
NET TRADE (2022)-$4M

In 2022, Dominican Republic exported $1.52M in Iron Powder. The main destinations of Dominican Republic exports on Iron Powder were Russia ($1.52M).

In 2022, Dominican Republic imported $5.52M in Iron Powder, mainly from United States ($4.72M), China ($440k), United Kingdom ($242k), Russia ($101k), and Germany ($13.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):Russia$476k (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Dominican Republic WERE (2021 - 2022):United States-$398 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Iron Powder were:
Sweden $492M
Germany $267M
Japan $257M
In 2022, Dominican Republic's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $450
TOP IMPORT POTENTIALChina+ $218k

Iron Powder’s highest export potential is United States. With an export gap of $450.   Iron Powder’s highest import potential is China with an import gap of $218k.

See methodology.

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