2022
Exports
$51MWorld Rnk 31 / 183
Flag Rnk 41 / 1030
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$11.6MWorld Rnk 73 / 221
Flag Rnk 343 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $51M in Therapeutic Appliances, making it the 31st largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 41st most exported product in Dominican Republic. The main destination of Therapeutic Appliances exports from Dominican Republic are: United States ($27.9M), New Zealand ($8.39M), South Korea ($2.92M), Japan ($2.4M), and Germany ($1.86M).

The fastest growing export markets for Therapeutic Appliances of Dominican Republic between 2021 and 2022 were United States ($3.54M), New Zealand ($3.02M), and United Kingdom ($735k).

Imports In 2022, Dominican Republic imported $11.6M in Therapeutic Appliances, becoming the 73rd largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 343rd most imported product in Dominican Republic. Dominican Republic imports Therapeutic Appliances primarily from: Chinese Taipei ($5.4M), China ($2.37M), United States ($1.96M), Spain ($453k), and Hong Kong ($362k).

The fastest growing import markets in Therapeutic Appliances for Dominican Republic between 2021 and 2022 were Chinese Taipei ($2.34M), Spain ($341k), and Hong Kong ($241k).

Latest Trends

Sep 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 Therapeutic Appliances. 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)$51M
IMPORTS (2022)$11.6M
NET TRADE (2022)$39.4M

In 2022, Dominican Republic exported $51M in Therapeutic Appliances. The main destinations of Dominican Republic exports on Therapeutic Appliances were United States ($27.9M), New Zealand ($8.39M), South Korea ($2.92M), Japan ($2.4M), and Germany ($1.86M).

In 2022, Dominican Republic imported $11.6M in Therapeutic Appliances, mainly from Chinese Taipei ($5.4M), China ($2.37M), United States ($1.96M), Spain ($453k), and Hong Kong ($362k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$3.54M (14.6%)
New Zealand$3.02M (56.3%)
United Kingdom$735k (3.77k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Dominican Republic WERE (2021 - 2022):
Japan-$11.1M (-82.3%)
Mexico-$5.76M (-100%)
Hong Kong-$4.77M (-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 Therapeutic Appliances were:
In 2022, Dominican Republic's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $10.9M
TOP IMPORT POTENTIALChina+ $1.37M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $10.9M.   Therapeutic Appliances’s highest import potential is China with an import gap of $1.37M.

See methodology.

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