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2022
Exports $74World Rnk 143 / 152
Flag Rnk 1017 / 1030
2022
Destination $74 Poland
2021 - 2022
FASTEST GROWING MARKET $74Poland
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $5.02MWorld Rnk 123 / 211
Flag Rnk 499 / 1163
2022
Origin $4.5M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $4.5MArgentina
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $74 in Seed Oils, making it the 143rd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 1017th most exported product in Dominican Republic. The main destination of Seed Oils exports from Dominican Republic are: Poland ($74).

The fastest growing export markets for Seed Oils of Dominican Republic between 2021 and 2022 were Poland ($74).

Imports In 2022, Dominican Republic imported $5.02M in Seed Oils, becoming the 123rd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 499th most imported product in Dominican Republic. Dominican Republic imports Seed Oils primarily from: Argentina ($4.5M), Spain ($245k), Turkey ($208k), Italy ($26.8k), and Mexico ($10.9k).

The fastest growing import markets in Seed Oils for Dominican Republic between 2021 and 2022 were Argentina ($4.5M), Turkey ($84k), and Spain ($41k).

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 Seed Oils. 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)$74
IMPORTS (2022)$5.02M
NET TRADE (2022)-$5.02M

In 2022, Dominican Republic exported $74 in Seed Oils. The main destinations of Dominican Republic exports on Seed Oils were Poland ($74).

In 2022, Dominican Republic imported $5.02M in Seed Oils, mainly from Argentina ($4.5M), Spain ($245k), Turkey ($208k), Italy ($26.8k), and Mexico ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):Poland$74 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Dominican Republic WERE (2021 - 2022):
Turks and Caicos Islands-$816 (-100%)
United States-$541 (-100%)
Cuba-$3 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Dominican Republic's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $662
TOP IMPORT POTENTIALTurkey+ $134k

Seed Oils’s highest export potential is India. With an export gap of $662.   Seed Oils’s highest import potential is Turkey with an import gap of $134k.

See methodology.

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