2023
Exports
$1.2MWorld Rnk 45 / 187
Flag Rnk 297 / 1008
2023
PRODUCT COMPLEXITY IN Tool Sets
1.14Rnk 126 / 1025
2023
Imports
$5.95MWorld Rnk 47 / 219
Flag Rnk 476 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $1.2M in Tool Sets, making it the 45th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 297th most exported product in Dominican Republic. The main destination of Tool Sets exports from Dominican Republic are: United States ($961k), Canada ($75.8k), Switzerland ($61.1k), Argentina ($47.9k), and Haiti ($22.1k).

The fastest growing export markets for Tool Sets of Dominican Republic between 2022 and 2023 were United States ($938k), Canada ($75.8k), and Switzerland ($52.3k).

Imports In 2023, Dominican Republic imported $5.95M in Tool Sets, becoming the 47th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 476th most imported product in Dominican Republic. Dominican Republic imports Tool Sets primarily from: United States ($4.66M), China ($620k), Germany ($404k), Italy ($97.3k), and Mexico ($75.2k).

The fastest growing import markets in Tool Sets for Dominican Republic between 2022 and 2023 were United States ($877k), Germany ($384k), and Mexico ($37.6k).

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 Tool Sets. 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)$1.2M
IMPORTS (2023)$5.95M
NET TRADE (2023)-$4.75M

In 2023, Dominican Republic exported $1.2M in Tool Sets. The main destinations of Dominican Republic exports on Tool Sets were United States ($961k), Canada ($75.8k), Switzerland ($61.1k), Argentina ($47.9k), and Haiti ($22.1k).

In 2023, Dominican Republic imported $5.95M in Tool Sets, mainly from United States ($4.66M), China ($620k), Germany ($404k), Italy ($97.3k), and Mexico ($75.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
United States$938k (4.07k%)
Canada$75.8k (1%)
Switzerland$52.3k (593%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Dominican Republic WERE (2022 - 2023):
Germany-$36.1k (-99.8%)
Jamaica-$33.5k (-95.9%)
France-$15.6k (-69.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Tool Sets were:
In 2023, Dominican Republic's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $2.69k
TOP IMPORT POTENTIALChina+ $184k

Tool Sets’s highest export potential is Switzerland. With an export gap of $2.69k.   Tool Sets’s highest import potential is China with an import gap of $184k.

See methodology.

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