2022
Exports
$96kWorld Rnk 76 / 174
Flag Rnk 639 / 1030
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$5.75MWorld Rnk 69 / 218
Flag Rnk 469 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $96k in Umbrellas, making it the 76th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 639th most exported product in Dominican Republic. The main destination of Umbrellas exports from Dominican Republic are: Haiti ($57.1k), United States ($14.6k), Uruguay ($9.89k), Grenada ($7k), and Saint Vincent and the Grenadines ($3k).

The fastest growing export markets for Umbrellas of Dominican Republic between 2021 and 2022 were Haiti ($27.7k), Uruguay ($9.89k), and Grenada ($7k).

Imports In 2022, Dominican Republic imported $5.75M in Umbrellas, becoming the 69th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 469th most imported product in Dominican Republic. Dominican Republic imports Umbrellas primarily from: China ($4.87M), United States ($361k), Spain ($211k), Panama ($70.6k), and Italy ($63.3k).

The fastest growing import markets in Umbrellas for Dominican Republic between 2021 and 2022 were China ($1.35M), United States ($264k), and Indonesia ($51.3k).

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 Umbrellas. 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)$96k
IMPORTS (2022)$5.75M
NET TRADE (2022)-$5.66M

In 2022, Dominican Republic exported $96k in Umbrellas. The main destinations of Dominican Republic exports on Umbrellas were Haiti ($57.1k), United States ($14.6k), Uruguay ($9.89k), Grenada ($7k), and Saint Vincent and the Grenadines ($3k).

In 2022, Dominican Republic imported $5.75M in Umbrellas, mainly from China ($4.87M), United States ($361k), Spain ($211k), Panama ($70.6k), and Italy ($63.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Haiti$27.7k (94.1%)
Uruguay$9.89k (1%)
Grenada$7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Dominican Republic WERE (2021 - 2022):
Venezuela-$6.6k (-100%)
Panama-$3.73k (-100%)
Suriname-$3.48k (-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 Umbrellas were:
In 2022, Dominican Republic's main importing competitors in Umbrellas were:

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $20.9k
TOP IMPORT POTENTIALChina+ $379k

Umbrellas’s highest export potential is United States. With an export gap of $20.9k.   Umbrellas’s highest import potential is China with an import gap of $379k.

See methodology.

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