2023
Exports
$1.65MWorld Rnk 43 / 118
Flag Rnk 262 / 1008
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$5.03MWorld Rnk 42 / 169
Flag Rnk 508 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $1.65M in Iron Powder, making it the 43rd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 262nd most exported product in Dominican Republic. The main destination of Iron Powder exports from Dominican Republic are: Russia ($1.65M).

The fastest growing export markets for Iron Powder of Dominican Republic between 2022 and 2023 were Russia ($129k).

Imports In 2023, Dominican Republic imported $5.03M in Iron Powder, becoming the 42nd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 508th most imported product in Dominican Republic. Dominican Republic imports Iron Powder primarily from: United States ($4.11M), United Kingdom ($508k), Turkey ($145k), China ($135k), and Russia ($122k).

The fastest growing import markets in Iron Powder for Dominican Republic between 2022 and 2023 were Turkey ($145k), United Kingdom ($143k), and Russia ($10.1k).

Latest Trends

Jan 2025

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 (2023)$1.65M
IMPORTS (2023)$5.03M
NET TRADE (2023)-$3.38M

In 2023, Dominican Republic exported $1.65M in Iron Powder. The main destinations of Dominican Republic exports on Iron Powder were Russia ($1.65M).

In 2023, Dominican Republic imported $5.03M in Iron Powder, mainly from United States ($4.11M), United Kingdom ($508k), Turkey ($145k), China ($135k), and Russia ($122k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):Russia$129k (8.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Dominican Republic's main importing competitors in Iron Powder were:

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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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