2022
Exports
$6.27MWorld Rnk 37 / 142
Flag Rnk 164 / 1030
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$28.4MWorld Rnk 31 / 208
Flag Rnk 199 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $6.27M in Synthetic Fabrics, making it the 37th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 164th most exported product in Dominican Republic. The main destination of Synthetic Fabrics exports from Dominican Republic are: Cuba ($2.97M), Haiti ($2.49M), Dominican Republic ($284k), Nicaragua ($284k), and United States ($135k).

The fastest growing export markets for Synthetic Fabrics of Dominican Republic between 2021 and 2022 were Haiti ($2.43M), Cuba ($2.09M), and Nicaragua ($279k).

Imports In 2022, Dominican Republic imported $28.4M in Synthetic Fabrics, becoming the 31st largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 199th most imported product in Dominican Republic. Dominican Republic imports Synthetic Fabrics primarily from: United States ($9.91M), China ($6.27M), Panama ($4.13M), Spain ($2.62M), and South Korea ($1.46M).

The fastest growing import markets in Synthetic Fabrics for Dominican Republic between 2021 and 2022 were Panama ($3.86M), United States ($2.45M), and Spain ($666k).

Latest Trends

Apr 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 Synthetic Fabrics. 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)$6.27M
IMPORTS (2022)$28.4M
NET TRADE (2022)-$22.1M

In 2022, Dominican Republic exported $6.27M in Synthetic Fabrics. The main destinations of Dominican Republic exports on Synthetic Fabrics were Cuba ($2.97M), Haiti ($2.49M), Dominican Republic ($284k), Nicaragua ($284k), and United States ($135k).

In 2022, Dominican Republic imported $28.4M in Synthetic Fabrics, mainly from United States ($9.91M), China ($6.27M), Panama ($4.13M), Spain ($2.62M), and South Korea ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$2.43M (4.1k%)
Cuba$2.09M (238%)
Nicaragua$279k (5.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Dominican Republic WERE (2021 - 2022):
Vietnam-$1.12M (-98.7%)
United States-$1.07M (-88.8%)
Costa Rica-$152k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Synthetic Fabrics by Exporters

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