2022
Exports
$1.54MWorld Rnk 84 / 194
Flag Rnk 303 / 1030
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$4.19MWorld Rnk 80 / 223
Flag Rnk 527 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $1.54M in Spices, making it the 84th largest exporter of Spices in the world. At the same year, Spices was the 303rd most exported product in Dominican Republic. The main destination of Spices exports from Dominican Republic are: United Kingdom ($830k), United States ($401k), Canada ($133k), Jamaica ($50.2k), and France ($45.1k).

The fastest growing export markets for Spices of Dominican Republic between 2021 and 2022 were United Kingdom ($735k), Canada ($43.2k), and Jamaica ($37.1k).

Imports In 2022, Dominican Republic imported $4.19M in Spices, becoming the 80th largest importer of Spices in the world. At the same year, Spices was the 527th most imported product in Dominican Republic. Dominican Republic imports Spices primarily from: United States ($2.23M), Spain ($882k), Peru ($615k), India ($151k), and Guatemala ($51.3k).

The fastest growing import markets in Spices for Dominican Republic between 2021 and 2022 were Spain ($223k), Egypt ($36.4k), and Guatemala ($20.8k).

COMPANIES In 2023, leading companies such as Old Navy (6), Gap (2), and Banana Republic (1) were at the forefront of shipping Spices from Dominican Republic to the United States.

Latest Trends

Aug 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 Spices. 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)$1.54M
IMPORTS (2022)$4.19M
NET TRADE (2022)-$2.65M

In 2022, Dominican Republic exported $1.54M in Spices. The main destinations of Dominican Republic exports on Spices were United Kingdom ($830k), United States ($401k), Canada ($133k), Jamaica ($50.2k), and France ($45.1k).

In 2022, Dominican Republic imported $4.19M in Spices, mainly from United States ($2.23M), Spain ($882k), Peru ($615k), India ($151k), and Guatemala ($51.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United Kingdom$735k (778%)
Canada$43.2k (47.8%)
Jamaica$37.1k (285%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Dominican Republic WERE (2021 - 2022):
Haiti-$249k (-92.5%)
United States-$68.2k (-14.6%)
Trinidad and Tobago-$23.6k (-59.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $350k
TOP IMPORT POTENTIALIndia+ $142k

Spices’s highest export potential is United States. With an export gap of $350k.   Spices’s highest import potential is India with an import gap of $142k.

See methodology.

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