2022
Exports
$903World Rnk 94 / 113
Flag Rnk 967 / 1030
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$5.06MWorld Rnk 62 / 208
Flag Rnk 498 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $903 in Rapeseed Oil, making it the 94th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 967th most exported product in Dominican Republic. The main destination of Rapeseed Oil exports from Dominican Republic are: Turks and Caicos Islands ($816), Spain ($86), and Panama ($1).

The fastest growing export markets for Rapeseed Oil of Dominican Republic between 2021 and 2022 were Turks and Caicos Islands ($816), Spain ($86), and Panama ($1).

Imports In 2022, Dominican Republic imported $5.06M in Rapeseed Oil, becoming the 62nd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 498th most imported product in Dominican Republic. Dominican Republic imports Rapeseed Oil primarily from: Uruguay ($2.54M), United States ($2.47M), Canada ($16.7k), Mexico ($11.9k), and Germany ($7.74k).

The fastest growing import markets in Rapeseed Oil for Dominican Republic between 2021 and 2022 were Uruguay ($2.54M), France ($506), and China ($434).

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 Rapeseed Oil. 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)$903
IMPORTS (2022)$5.06M
NET TRADE (2022)-$5.06M

In 2022, Dominican Republic exported $903 in Rapeseed Oil. The main destinations of Dominican Republic exports on Rapeseed Oil were Turks and Caicos Islands ($816), Spain ($86), and Panama ($1).

In 2022, Dominican Republic imported $5.06M in Rapeseed Oil, mainly from Uruguay ($2.54M), United States ($2.47M), Canada ($16.7k), Mexico ($11.9k), and Germany ($7.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Spain$86 (1%)
Panama$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Dominican Republic WERE (2021 - 2022):
Honduras-$81.1k (-100%)
Haiti-$38 (-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 Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Dominican Republic's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $745
TOP IMPORT POTENTIALGermany+ $39.8k

Rapeseed Oil’s highest export potential is United States. With an export gap of $745.   Rapeseed Oil’s highest import potential is Germany with an import gap of $39.8k.

See methodology.

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