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2022
Exports $44.2kWorld Rnk 91 / 161
Flag Rnk 737 / 1030
2022
Destination $42.5k United States
2021 - 2022
FASTEST GROWING MARKET $42.5kUnited States
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $1.56MWorld Rnk 79 / 210
Flag Rnk 694 / 1163
2022
Origin $307k United States
2021 - 2022
FASTEST GROWING ORIGIN $307kUnited States
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $44.2k in Metal Finishing Machines, making it the 91st largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 737th most exported product in Dominican Republic. The main destination of Metal Finishing Machines exports from Dominican Republic are: United States ($43.7k), Panama ($426), and Spain ($60).

The fastest growing export markets for Metal Finishing Machines of Dominican Republic between 2021 and 2022 were United States ($42.5k), Panama ($426), and Spain ($60).

Imports In 2022, Dominican Republic imported $1.56M in Metal Finishing Machines, becoming the 79th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 694th most imported product in Dominican Republic. Dominican Republic imports Metal Finishing Machines primarily from: United States ($619k), Spain ($318k), Italy ($200k), Austria ($139k), and China ($113k).

The fastest growing import markets in Metal Finishing Machines for Dominican Republic between 2021 and 2022 were United States ($307k), Spain ($284k), and Austria ($139k).

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 Metal Finishing Machines. 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)$44.2k
IMPORTS (2022)$1.56M
NET TRADE (2022)-$1.52M

In 2022, Dominican Republic exported $44.2k in Metal Finishing Machines. The main destinations of Dominican Republic exports on Metal Finishing Machines were United States ($43.7k), Panama ($426), and Spain ($60).

In 2022, Dominican Republic imported $1.56M in Metal Finishing Machines, mainly from United States ($619k), Spain ($318k), Italy ($200k), Austria ($139k), and China ($113k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$42.5k (3.5k%)
Panama$426 (1%)
Spain$60 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Dominican Republic WERE (2021 - 2022):
Mexico-$115k (-100%)
India-$29.5k (-100%)
Antigua and Barbuda-$838 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Dominican Republic's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $616
TOP IMPORT POTENTIALChina+ $95k

Metal Finishing Machines’s highest export potential is United States. With an export gap of $616.   Metal Finishing Machines’s highest import potential is China with an import gap of $95k.

See methodology.

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