2022
Exports
$55.8kWorld Rnk 112 / 195
Flag Rnk 706 / 1030
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$14MWorld Rnk 76 / 224
Flag Rnk 308 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $55.8k in Lubricating Products, making it the 112th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 706th most exported product in Dominican Republic. The main destination of Lubricating Products exports from Dominican Republic are: United States ($27.7k), Costa Rica ($9.12k), Dominican Republic ($7.62k), Suriname ($4.34k), and Haiti ($4.29k).

The fastest growing export markets for Lubricating Products of Dominican Republic between 2021 and 2022 were Costa Rica ($9.12k), United States ($7.51k), and Suriname ($4.34k).

Imports In 2022, Dominican Republic imported $14M in Lubricating Products, becoming the 76th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 308th most imported product in Dominican Republic. Dominican Republic imports Lubricating Products primarily from: United States ($7.33M), France ($4M), Germany ($779k), Canada ($364k), and Spain ($331k).

The fastest growing import markets in Lubricating Products for Dominican Republic between 2021 and 2022 were United States ($1.94M), Brazil ($125k), and Spain ($117k).

Latest Trends

Oct 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 Lubricating Products. 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)$55.8k
IMPORTS (2022)$14M
NET TRADE (2022)-$14M

In 2022, Dominican Republic exported $55.8k in Lubricating Products. The main destinations of Dominican Republic exports on Lubricating Products were United States ($27.7k), Costa Rica ($9.12k), Dominican Republic ($7.62k), Suriname ($4.34k), and Haiti ($4.29k).

In 2022, Dominican Republic imported $14M in Lubricating Products, mainly from United States ($7.33M), France ($4M), Germany ($779k), Canada ($364k), and Spain ($331k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Costa Rica$9.12k (1%)
United States$7.51k (37.2%)
Suriname$4.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Dominican Republic WERE (2021 - 2022):
Ireland-$252 (-100%)
Jamaica-$199 (-100%)
Spain-$11 (-6.36%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Lubricating Products were:
In 2022, Dominican Republic's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.5k
TOP IMPORT POTENTIALGermany+ $691k

Lubricating Products’s highest export potential is United States. With an export gap of $42.5k.   Lubricating Products’s highest import potential is Germany with an import gap of $691k.

See methodology.

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