2022
Exports
$102MWorld Rnk 71 / 218
Flag Rnk 25 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$256MWorld Rnk 62 / 226
Flag Rnk 28 / 96
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $102M in Preparations of cereals, flour, starch or milk, making it the 71st largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 25th most exported product in Dominican Republic. The main destination of Preparations of cereals, flour, starch or milk exports from Dominican Republic are: Haiti ($54.8M), United States ($29M), Jamaica ($4.15M), Guyana ($1.74M), and France ($1.08M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Dominican Republic between 2021 and 2022 were Haiti ($11.2M), United States ($3.16M), and Guyana ($1.4M).

Imports In 2022, Dominican Republic imported $256M in Preparations of cereals, flour, starch or milk, becoming the 62nd largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 28th most imported product in Dominican Republic. Dominican Republic imports Preparations of cereals, flour, starch or milk primarily from: United States ($55.8M), Guatemala ($29.7M), Denmark ($28.6M), Peru ($16.3M), and Honduras ($16M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Dominican Republic between 2021 and 2022 were Guatemala ($8.54M), Peru ($7.71M), and United States ($5.89M).

COMPANIES In 2023, leading companies such as Goya Foods (5), EDT (Export, Development & Trade) (5), and Rothfos (1) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Dominican Republic to the United States.

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 Preparations of cereals, flour, starch or milk. 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)$102M
IMPORTS (2022)$256M
NET TRADE (2022)-$154M

In 2022, Dominican Republic exported $102M in Preparations of cereals, flour, starch or milk. The main destinations of Dominican Republic exports on Preparations of cereals, flour, starch or milk were Haiti ($54.8M), United States ($29M), Jamaica ($4.15M), Guyana ($1.74M), and France ($1.08M).

In 2022, Dominican Republic imported $256M in Preparations of cereals, flour, starch or milk, mainly from United States ($55.8M), Guatemala ($29.7M), Denmark ($28.6M), Peru ($16.3M), and Honduras ($16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$11.2M (25.7%)
United States$3.16M (12.2%)
Guyana$1.4M (405%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Dominican Republic WERE (2021 - 2022):
Spain-$660k (-50.8%)
Chile-$640k (-44.9%)
Barbados-$267k (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Dominican Republic's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $16.5M
N/AN/AN/A

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $16.5M.   Preparations of cereals, flour, starch or milk’s highest import potential is N/A with an import gap of N/A.

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