2023
Exports
$10.7MWorld Rnk 78 / 217
Flag Rnk 124 / 1008
2023
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.25Rnk 890 / 1025
2023
Imports
$27MWorld Rnk 86 / 221
Flag Rnk 210 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $10.7M in Knit Women's Suits, making it the 78th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 124th most exported product in Dominican Republic. The main destination of Knit Women's Suits exports from Dominican Republic are: United States ($9.99M), Canada ($188k), Germany ($178k), Italy ($114k), and Cuba ($54.7k).

The fastest growing export markets for Knit Women's Suits of Dominican Republic between 2022 and 2023 were Germany ($122k), Italy ($114k), and Mexico ($29.6k).

Imports In 2023, Dominican Republic imported $27M in Knit Women's Suits, becoming the 86th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 210th most imported product in Dominican Republic. Dominican Republic imports Knit Women's Suits primarily from: China ($21.5M), United States ($783k), Panama ($464k), Bangladesh ($463k), and Morocco ($462k).

The fastest growing import markets in Knit Women's Suits for Dominican Republic between 2022 and 2023 were China ($3.75M), Peru ($242k), and Brazil ($118k).

Latest Trends

Dec 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 Knit Women's Suits. 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)$10.7M
IMPORTS (2023)$27M
NET TRADE (2023)-$16.3M

In 2023, Dominican Republic exported $10.7M in Knit Women's Suits. The main destinations of Dominican Republic exports on Knit Women's Suits were United States ($9.99M), Canada ($188k), Germany ($178k), Italy ($114k), and Cuba ($54.7k).

In 2023, Dominican Republic imported $27M in Knit Women's Suits, mainly from China ($21.5M), United States ($783k), Panama ($464k), Bangladesh ($463k), and Morocco ($462k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Germany$122k (219%)
Italy$114k (1%)
Mexico$29.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Dominican Republic WERE (2022 - 2023):
United States-$965k (-8.81%)
Cuba-$134k (-71%)
Canada-$45.5k (-19.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Knit Women's Suits were:
In 2023, Dominican Republic's main importing competitors in Knit Women's Suits were:

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $6.19M
TOP IMPORT POTENTIALChina+ $3.22M

Knit Women's Suits’s highest export potential is United States. With an export gap of $6.19M.   Knit Women's Suits’s highest import potential is China with an import gap of $3.22M.

See methodology.

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