2023
Exports
$6.41MWorld Rnk 61 / 176
Flag Rnk 155 / 1008
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$5.63MWorld Rnk 108 / 219
Flag Rnk 486 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $6.41M in Recreational Boats, making it the 61st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 155th most exported product in Dominican Republic. The main destination of Recreational Boats exports from Dominican Republic are: South Korea ($2.5M), Bahamas ($692k), United States ($645k), Antigua and Barbuda ($590k), and Dominica ($406k).

The fastest growing export markets for Recreational Boats of Dominican Republic between 2022 and 2023 were South Korea ($2.5M), Antigua and Barbuda ($590k), and Dominica ($406k).

Imports In 2023, Dominican Republic imported $5.63M in Recreational Boats, becoming the 108th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 486th most imported product in Dominican Republic. Dominican Republic imports Recreational Boats primarily from: United States ($3.21M), Italy ($1.65M), China ($361k), Brazil ($122k), and Mexico ($92.6k).

The fastest growing import markets in Recreational Boats for Dominican Republic between 2022 and 2023 were Italy ($1.62M), United States ($684k), and China ($265k).

Latest Trends

Jan 2025

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 (2023)$6.41M
IMPORTS (2023)$5.63M
NET TRADE (2023)$780k

In 2023, Dominican Republic exported $6.41M in Recreational Boats. The main destinations of Dominican Republic exports on Recreational Boats were South Korea ($2.5M), Bahamas ($692k), United States ($645k), Antigua and Barbuda ($590k), and Dominica ($406k).

In 2023, Dominican Republic imported $5.63M in Recreational Boats, mainly from United States ($3.21M), Italy ($1.65M), China ($361k), Brazil ($122k), and Mexico ($92.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
South Korea$2.5M (1%)
Dominica$406k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Dominican Republic WERE (2022 - 2023):
Netherlands-$232k (-58.8%)
Turkey-$161k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Recreational Boats were:
In 2023, 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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