2022
Exports
$275kWorld Rnk 84 / 197
Flag Rnk 489 / 1030
2022
PRODUCT COMPLEXITY IN Other Headwear
0.5Rnk 367 / 1025
2022
Imports
$5.65MWorld Rnk 77 / 225
Flag Rnk 473 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $275k in Other Headwear, making it the 84th largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 489th most exported product in Dominican Republic. The main destination of Other Headwear exports from Dominican Republic are: United States ($257k), Barbados ($3.77k), France ($3.05k), China ($2.94k), and Jamaica ($2.83k).

The fastest growing export markets for Other Headwear of Dominican Republic between 2021 and 2022 were China ($2.93k), Jamaica ($2.83k), and France ($2.75k).

Imports In 2022, Dominican Republic imported $5.65M in Other Headwear, becoming the 77th largest importer of Other Headwear in the world. At the same year, Other Headwear was the 473rd most imported product in Dominican Republic. Dominican Republic imports Other Headwear primarily from: China ($4.34M), United States ($376k), Spain ($176k), South Korea ($139k), and Italy ($136k).

The fastest growing import markets in Other Headwear for Dominican Republic between 2021 and 2022 were China ($1.86M), South Korea ($139k), and Hong Kong ($89.3k).

Latest Trends

Jul 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 Other Headwear. 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)$275k
IMPORTS (2022)$5.65M
NET TRADE (2022)-$5.37M

In 2022, Dominican Republic exported $275k in Other Headwear. The main destinations of Dominican Republic exports on Other Headwear were United States ($257k), Barbados ($3.77k), France ($3.05k), China ($2.94k), and Jamaica ($2.83k).

In 2022, Dominican Republic imported $5.65M in Other Headwear, mainly from China ($4.34M), United States ($376k), Spain ($176k), South Korea ($139k), and Italy ($136k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
China$2.93k (22.5k%)
Jamaica$2.83k (1%)
France$2.75k (910%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY Dominican Republic WERE (2021 - 2022):
United States-$133k (-34.2%)
Switzerland-$57.1k (-100%)
Japan-$40.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Other Headwear were:
China $2.77B
Italy $287M
In 2022, Dominican Republic's main importing competitors in Other Headwear were:

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $201k
TOP IMPORT POTENTIALChina+ $667k

Other Headwear’s highest export potential is United States. With an export gap of $201k.   Other Headwear’s highest import potential is China with an import gap of $667k.

See methodology.

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