2022
Exports
$2.12MWorld Rnk 79 / 202
Flag Rnk 255 / 1030
2022
PRODUCT COMPLEXITY IN Perfumes
-0.14Rnk 594 / 1025
2022
Imports
$17MWorld Rnk 97 / 222
Flag Rnk 278 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.12M in Perfumes, making it the 79th largest exporter of Perfumes in the world. At the same year, Perfumes was the 255th most exported product in Dominican Republic. The main destination of Perfumes exports from Dominican Republic are: Haiti ($1.62M), Dominican Republic ($353k), Cuba ($93.5k), United States ($45.5k), and Poland ($2.01k).

The fastest growing export markets for Perfumes of Dominican Republic between 2021 and 2022 were Dominican Republic ($353k), Cuba ($92.5k), and Haiti ($69.8k).

Imports In 2022, Dominican Republic imported $17M in Perfumes, becoming the 97th largest importer of Perfumes in the world. At the same year, Perfumes was the 278th most imported product in Dominican Republic. Dominican Republic imports Perfumes primarily from: Colombia ($6.97M), United States ($5.4M), Spain ($1.38M), Mexico ($1.08M), and France ($663k).

The fastest growing import markets in Perfumes for Dominican Republic between 2021 and 2022 were United States ($710k), Dominican Republic ($353k), and Colombia ($335k).

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 Perfumes. 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)$2.12M
IMPORTS (2022)$17M
NET TRADE (2022)-$14.8M

In 2022, Dominican Republic exported $2.12M in Perfumes. The main destinations of Dominican Republic exports on Perfumes were Haiti ($1.62M), Dominican Republic ($353k), Cuba ($93.5k), United States ($45.5k), and Poland ($2.01k).

In 2022, Dominican Republic imported $17M in Perfumes, mainly from Colombia ($6.97M), United States ($5.4M), Spain ($1.38M), Mexico ($1.08M), and France ($663k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Cuba$92.5k (9.64k%)
Haiti$69.8k (4.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Dominican Republic WERE (2021 - 2022):
Netherlands-$94.3k (-98.9%)
United States-$52.6k (-53.6%)
France-$22.2k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, Dominican Republic's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $74.6k
TOP IMPORT POTENTIALSpain+ $893k

Perfumes’s highest export potential is United States. With an export gap of $74.6k.   Perfumes’s highest import potential is Spain with an import gap of $893k.

See methodology.

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