2023
Exports
$2.13BWorld Rnk 18 / 217
Flag Rnk 1 / 1008
2023
PRODUCT COMPLEXITY IN Medical Instruments
0.73Rnk 272 / 1025
2023
Imports
$201MWorld Rnk 65 / 226
Flag Rnk 22 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $2.13B in Medical Instruments, making it the 18th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 1st most exported product in Dominican Republic. The main destination of Medical Instruments exports from Dominican Republic are: United States ($1.46B), China ($126M), Netherlands ($63.7M), Germany ($54.7M), and Canada ($54.6M).

The fastest growing export markets for Medical Instruments of Dominican Republic between 2022 and 2023 were United States ($95.5M), China ($36.2M), and Canada ($32.8M).

Imports In 2023, Dominican Republic imported $201M in Medical Instruments, becoming the 65th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 22nd most imported product in Dominican Republic. Dominican Republic imports Medical Instruments primarily from: United States ($92.3M), China ($35.8M), France ($14.9M), Germany ($13.2M), and Spain ($4.99M).

The fastest growing import markets in Medical Instruments for Dominican Republic between 2022 and 2023 were China ($8.36M), France ($3.31M), and Spain ($2.51M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Medical Instruments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.13B
IMPORTS (2023)$201M
NET TRADE (2023)$1.93B

In 2023, Dominican Republic exported $2.13B in Medical Instruments. The main destinations of Dominican Republic exports on Medical Instruments were United States ($1.46B), China ($126M), Netherlands ($63.7M), Germany ($54.7M), and Canada ($54.6M).

In 2023, Dominican Republic imported $201M in Medical Instruments, mainly from United States ($92.3M), China ($35.8M), France ($14.9M), Germany ($13.2M), and Spain ($4.99M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
United States$95.5M (7%)
China$36.2M (40.3%)
Canada$32.8M (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Dominican Republic WERE (2022 - 2023):
Japan-$51M (-74.7%)
South Korea-$18.8M (-54.5%)
Panama-$13.2M (-96.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Dominican Republic's main exporting competitors in Medical Instruments were:
In 2023, Dominican Republic's main importing competitors in Medical Instruments were:

Explore Visualizations

Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $67.1M
TOP IMPORT POTENTIALChina+ $16.7M

Medical Instruments’s highest export potential is China. With an export gap of $67.1M.   Medical Instruments’s highest import potential is China with an import gap of $16.7M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with