2022
Exports
$481kWorld Rnk 107 / 177
Flag Rnk 428 / 1030
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$9.8MWorld Rnk 88 / 222
Flag Rnk 374 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $481k in Wood Carpentry, making it the 107th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 428th most exported product in Dominican Republic. The main destination of Wood Carpentry exports from Dominican Republic are: United States ($433k), Bahamas ($28k), Saint Lucia ($20.2k), and Jamaica ($19).

The fastest growing export markets for Wood Carpentry of Dominican Republic between 2021 and 2022 were United States ($356k), Saint Lucia ($20.2k), and Bahamas ($3.65k).

Imports In 2022, Dominican Republic imported $9.8M in Wood Carpentry, becoming the 88th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 374th most imported product in Dominican Republic. Dominican Republic imports Wood Carpentry primarily from: N/A.

The fastest growing import markets in Wood Carpentry for Dominican Republic between 2021 and 2022 were Peru ($531k), Canada ($489k), and Austria ($484k).

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 Wood Carpentry. 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)$481k
IMPORTS (2022)$9.8M
NET TRADE (2022)-$9.31M

In 2022, Dominican Republic exported $481k in Wood Carpentry. The main destinations of Dominican Republic exports on Wood Carpentry were United States ($433k), Bahamas ($28k), Saint Lucia ($20.2k), and Jamaica ($19).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$356k (463%)
Saint Lucia$20.2k (1%)
Bahamas$3.65k (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Dominican Republic WERE (2021 - 2022):
Jamaica-$33.9k (-99.9%)
Panama-$6.01k (-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 Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Dominican Republic's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $491k
TOP IMPORT POTENTIALChina+ $1.03M

Wood Carpentry’s highest export potential is United States. With an export gap of $491k.   Wood Carpentry’s highest import potential is China with an import gap of $1.03M.

See methodology.

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