2022
Exports
$347MWorld Rnk 25 / 214
Flag Rnk 7 / 1030
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 675 / 1025
2022
Imports
$633MWorld Rnk 30 / 219
Flag Rnk 6 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $347M in Jewellery, making it the 25th largest exporter of Jewellery in the world. At the same year, Jewellery was the 7th most exported product in Dominican Republic. The main destination of Jewellery exports from Dominican Republic are: United States ($345M), Italy ($830k), Canada ($358k), United Kingdom ($344k), and Ireland ($208k).

The fastest growing export markets for Jewellery of Dominican Republic between 2021 and 2022 were United Kingdom ($273k), Ireland ($97.8k), and China ($41.6k).

Imports In 2022, Dominican Republic imported $633M in Jewellery, becoming the 30th largest importer of Jewellery in the world. At the same year, Jewellery was the 6th most imported product in Dominican Republic. Dominican Republic imports Jewellery primarily from: United States ($467M), Italy ($157M), Switzerland ($5.71M), Spain ($1.03M), and France ($644k).

The fastest growing import markets in Jewellery for Dominican Republic between 2021 and 2022 were Switzerland ($2.4M), Spain ($571k), and France ($196k).

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 Jewellery. 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)$347M
IMPORTS (2022)$633M
NET TRADE (2022)-$286M

In 2022, Dominican Republic exported $347M in Jewellery. The main destinations of Dominican Republic exports on Jewellery were United States ($345M), Italy ($830k), Canada ($358k), United Kingdom ($344k), and Ireland ($208k).

In 2022, Dominican Republic imported $633M in Jewellery, mainly from United States ($467M), Italy ($157M), Switzerland ($5.71M), Spain ($1.03M), and France ($644k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United Kingdom$273k (390%)
Ireland$97.8k (89%)
China$41.6k (234%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Dominican Republic WERE (2021 - 2022):
United States-$74.1M (-17.7%)
Dominican Republic-$1.79M (-100%)
Canada-$504k (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
In 2022, Dominican Republic's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.7M
TOP IMPORT POTENTIALSwitzerland+ $6.11M

Jewellery’s highest export potential is United States. With an export gap of $12.7M.   Jewellery’s highest import potential is Switzerland with an import gap of $6.11M.

See methodology.

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