2023
Exports
$1.17MWorld Rnk 86 / 198
Flag Rnk 301 / 1008
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$3.11MWorld Rnk 98 / 224
Flag Rnk 591 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $1.17M in Spices, making it the 86th largest exporter of Spices in the world. At the same year, Spices was the 301st most exported product in Dominican Republic. The main destination of Spices exports from Dominican Republic are: United States ($493k), Canada ($207k), Haiti ($200k), United Kingdom ($158k), and Panama ($26.3k).

The fastest growing export markets for Spices of Dominican Republic between 2022 and 2023 were Haiti ($180k), Canada ($68.4k), and United States ($64k).

Imports In 2023, Dominican Republic imported $3.11M in Spices, becoming the 98th largest importer of Spices in the world. At the same year, Spices was the 591st most imported product in Dominican Republic. Dominican Republic imports Spices primarily from: United States ($1.25M), Spain ($714k), India ($323k), Peru ($261k), and Iran ($160k).

The fastest growing import markets in Spices for Dominican Republic between 2022 and 2023 were Iran ($120k), Ecuador ($77.1k), and India ($63.1k).

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 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 (2023)$1.17M
IMPORTS (2023)$3.11M
NET TRADE (2023)-$1.94M

In 2023, Dominican Republic exported $1.17M in Spices. The main destinations of Dominican Republic exports on Spices were United States ($493k), Canada ($207k), Haiti ($200k), United Kingdom ($158k), and Panama ($26.3k).

In 2023, Dominican Republic imported $3.11M in Spices, mainly from United States ($1.25M), Spain ($714k), India ($323k), Peru ($261k), and Iran ($160k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
Haiti$180k (894%)
Canada$68.4k (49.4%)
United States$64k (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Dominican Republic WERE (2022 - 2023):
United Kingdom-$714k (-81.9%)
Jamaica-$50.7k (-100%)
France-$31.4k (-59.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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