2022
Exports
$2.43MWorld Rnk 77 / 167
Flag Rnk 240 / 1030
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$3.18MWorld Rnk 114 / 217
Flag Rnk 582 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $2.43M in Recreational Boats, making it the 77th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 240th most exported product in Dominican Republic. The main destination of Recreational Boats exports from Dominican Republic are: Bahamas ($634k), Turks and Caicos Islands ($444k), Netherlands ($394k), United States ($265k), and Dominican Republic ($179k).

The fastest growing export markets for Recreational Boats of Dominican Republic between 2021 and 2022 were Bahamas ($634k), Turks and Caicos Islands ($444k), and Netherlands ($394k).

Imports In 2022, Dominican Republic imported $3.18M in Recreational Boats, becoming the 114th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 582nd most imported product in Dominican Republic. Dominican Republic imports Recreational Boats primarily from: United States ($2.4M), France ($224k), Brazil ($188k), Dominican Republic ($179k), and China ($62.9k).

The fastest growing import markets in Recreational Boats for Dominican Republic between 2021 and 2022 were Dominican Republic ($179k), Italy ($28.5k), and Mexico ($14.9k).

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 Recreational Boats. 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)$2.43M
IMPORTS (2022)$3.18M
NET TRADE (2022)-$751k

In 2022, Dominican Republic exported $2.43M in Recreational Boats. The main destinations of Dominican Republic exports on Recreational Boats were Bahamas ($634k), Turks and Caicos Islands ($444k), Netherlands ($394k), United States ($265k), and Dominican Republic ($179k).

In 2022, Dominican Republic imported $3.18M in Recreational Boats, mainly from United States ($2.4M), France ($224k), Brazil ($188k), Dominican Republic ($179k), and China ($62.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Bahamas$634k (1%)
Netherlands$394k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Dominican Republic WERE (2021 - 2022):
United States-$250k (-48.6%)
Cayman Islands-$239k (-100%)
Barbados-$153k (-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 Recreational Boats were:
In 2022, Dominican Republic's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.48k
TOP IMPORT POTENTIALUnited States+ $379k

Recreational Boats’s highest export potential is United States. With an export gap of $1.48k.   Recreational Boats’s highest import potential is United States with an import gap of $379k.

See methodology.

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