2022
Exports
$54MWorld Rnk 46 / 202
Flag Rnk 40 / 1030
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$39.6MWorld Rnk 70 / 225
Flag Rnk 146 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $54M in Sauces and Seasonings, making it the 46th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 40th most exported product in Dominican Republic. The main destination of Sauces and Seasonings exports from Dominican Republic are: Haiti ($24.8M), United States ($21M), Jamaica ($4.99M), Trinidad and Tobago ($1.14M), and Spain ($292k).

The fastest growing export markets for Sauces and Seasonings of Dominican Republic between 2021 and 2022 were United States ($1.93M), Jamaica ($414k), and Canada ($212k).

Imports In 2022, Dominican Republic imported $39.6M in Sauces and Seasonings, becoming the 70th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 146th most imported product in Dominican Republic. Dominican Republic imports Sauces and Seasonings primarily from: United States ($31M), Mexico ($2.38M), China ($1.55M), Costa Rica ($1.53M), and Spain ($768k).

The fastest growing import markets in Sauces and Seasonings for Dominican Republic between 2021 and 2022 were United States ($4.99M), Mexico ($655k), and Costa Rica ($457k).

COMPANIES In 2023, leading companies such as Goya Foods (4) were at the forefront of shipping Sauces and Seasonings 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 Sauces and Seasonings. 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)$54M
IMPORTS (2022)$39.6M
NET TRADE (2022)$14.5M

In 2022, Dominican Republic exported $54M in Sauces and Seasonings. The main destinations of Dominican Republic exports on Sauces and Seasonings were Haiti ($24.8M), United States ($21M), Jamaica ($4.99M), Trinidad and Tobago ($1.14M), and Spain ($292k).

In 2022, Dominican Republic imported $39.6M in Sauces and Seasonings, mainly from United States ($31M), Mexico ($2.38M), China ($1.55M), Costa Rica ($1.53M), and Spain ($768k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$1.93M (10.1%)
Jamaica$414k (9.05%)
Canada$212k (965%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Dominican Republic WERE (2021 - 2022):
Haiti-$1.37M (-5.22%)
Barbados-$389k (-60.8%)
Trinidad and Tobago-$323k (-22%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Sauces and Seasonings were:
In 2022, Dominican Republic's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.69M
TOP IMPORT POTENTIALChina+ $1.46M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $4.69M.   Sauces and Seasonings’s highest import potential is China with an import gap of $1.46M.

See methodology.

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