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2022
Exports $81.6kWorld Rnk 57 / 110
Flag Rnk 659 / 1030
2022
Destination $2.43k United States
2021 - 2022
FASTEST GROWING MARKET $2.43kPoland
2022
PRODUCT COMPLEXITY IN Time Switches0.78Rnk 256 / 1025
2022
Imports $732kWorld Rnk 61 / 198
Flag Rnk 828 / 1163
2022
Origin $255k China
2021 - 2022
FASTEST GROWING ORIGIN $255kChina
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $81.6k in Time Switches, making it the 57th largest exporter of Time Switches in the world. At the same year, Time Switches was the 659th most exported product in Dominican Republic. The main destination of Time Switches exports from Dominican Republic are: United States ($74.6k), Costa Rica ($3.6k), Poland ($2.43k), Panama ($433), and Canada ($270).

The fastest growing export markets for Time Switches of Dominican Republic between 2021 and 2022 were Poland ($2.43k), Costa Rica ($1.38k), and Panama ($433).

Imports In 2022, Dominican Republic imported $732k in Time Switches, becoming the 61st largest importer of Time Switches in the world. At the same year, Time Switches was the 828th most imported product in Dominican Republic. Dominican Republic imports Time Switches primarily from: China ($452k), Spain ($187k), United States ($61.8k), Mexico ($13.5k), and India ($6.89k).

The fastest growing import markets in Time Switches for Dominican Republic between 2021 and 2022 were China ($255k), United States ($24.6k), and Spain ($14.8k).

Latest Trends

Jul 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 Time Switches. 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)$81.6k
IMPORTS (2022)$732k
NET TRADE (2022)-$651k

In 2022, Dominican Republic exported $81.6k in Time Switches. The main destinations of Dominican Republic exports on Time Switches were United States ($74.6k), Costa Rica ($3.6k), Poland ($2.43k), Panama ($433), and Canada ($270).

In 2022, Dominican Republic imported $732k in Time Switches, mainly from China ($452k), Spain ($187k), United States ($61.8k), Mexico ($13.5k), and India ($6.89k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Poland$2.43k (1%)
Costa Rica$1.38k (62.2%)
Panama$433 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Dominican Republic WERE (2021 - 2022):
United States-$89.4k (-54.5%)
Netherlands-$6.44k (-100%)
China-$179 (-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 Time Switches were:
China $165M
Mexico $92M
France $43.8M
In 2022, Dominican Republic's main importing competitors in Time Switches were:
United States $107M
France $42M
Germany $25.1M

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $46.6k
TOP IMPORT POTENTIALUnited States+ $22.4k

Time Switches’s highest export potential is United States. With an export gap of $46.6k.   Time Switches’s highest import potential is United States with an import gap of $22.4k.

See methodology.

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