2022
Exports
$38.3MWorld Rnk 59 / 218
Flag Rnk 54 / 1030
2022
PRODUCT COMPLEXITY IN Seats
0.0071Rnk 545 / 1025
2022
Imports
$101MWorld Rnk 62 / 224
Flag Rnk 59 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $38.3M in Seats, making it the 59th largest exporter of Seats in the world. At the same year, Seats was the 54th most exported product in Dominican Republic. The main destination of Seats exports from Dominican Republic are: United States ($33.2M), Haiti ($3.12M), Jamaica ($325k), Trinidad and Tobago ($239k), and Barbados ($215k).

The fastest growing export markets for Seats of Dominican Republic between 2021 and 2022 were United States ($22.4M), Suriname ($134k), and Bahamas ($117k).

Imports In 2022, Dominican Republic imported $101M in Seats, becoming the 62nd largest importer of Seats in the world. At the same year, Seats was the 59th most imported product in Dominican Republic. Dominican Republic imports Seats primarily from: China ($63.7M), United States ($10.2M), Spain ($5.32M), Italy ($3.7M), and Brazil ($2.7M).

The fastest growing import markets in Seats for Dominican Republic between 2021 and 2022 were China ($21.6M), United States ($3.9M), and Italy ($1.37M).

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 Seats. 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)$38.3M
IMPORTS (2022)$101M
NET TRADE (2022)-$62.6M

In 2022, Dominican Republic exported $38.3M in Seats. The main destinations of Dominican Republic exports on Seats were United States ($33.2M), Haiti ($3.12M), Jamaica ($325k), Trinidad and Tobago ($239k), and Barbados ($215k).

In 2022, Dominican Republic imported $101M in Seats, mainly from China ($63.7M), United States ($10.2M), Spain ($5.32M), Italy ($3.7M), and Brazil ($2.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$22.4M (208%)
Suriname$134k (960%)
Bahamas$117k (3.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY Dominican Republic WERE (2021 - 2022):
South Korea-$535k (-100%)
Trinidad and Tobago-$250k (-51.1%)
Cuba-$144k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Seats were:
China $34.3B
Poland $6.67B
Vietnam $4.84B
In 2022, Dominican Republic's main importing competitors in Seats were:

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.3M
TOP IMPORT POTENTIALChina+ $13.8M

Seats’s highest export potential is United States. With an export gap of $20.3M.   Seats’s highest import potential is China with an import gap of $13.8M.

See methodology.

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