2022
Exports
$786kWorld Rnk 80 / 186
Flag Rnk 377 / 1030
falsefalse Nicaragua
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$2.38MWorld Rnk 87 / 216
Flag Rnk 633 / 1163
2022
ECONOMIC COMPLEXITY of Dominican Republic
0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $786k in Wood Crates, making it the 80th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 377th most exported product in Dominican Republic. The main destination of Wood Crates exports from Dominican Republic are: Nicaragua ($241k), United States ($191k), Haiti ($137k), Barbados ($80.2k), and Peru ($56k).

The fastest growing export markets for Wood Crates of Dominican Republic between 2021 and 2022 were Nicaragua ($128k), United States ($78.5k), and Barbados ($59.3k).

Imports In 2022, Dominican Republic imported $2.38M in Wood Crates, becoming the 87th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 633rd most imported product in Dominican Republic. Dominican Republic imports Wood Crates primarily from: United States ($1M), Nicaragua ($402k), Spain ($307k), Chile ($274k), and Portugal ($94.2k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Wood Crates from Dominican Republic to the United States.

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 Crates. 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)$786k
IMPORTS (2022)$2.38M
NET TRADE (2022)-$1.59M

In 2022, Dominican Republic exported $786k in Wood Crates. The main destinations of Dominican Republic exports on Wood Crates were Nicaragua ($241k), United States ($191k), Haiti ($137k), Barbados ($80.2k), and Peru ($56k).

In 2022, Dominican Republic imported $2.38M in Wood Crates, mainly from United States ($1M), Nicaragua ($402k), Spain ($307k), Chile ($274k), and Portugal ($94.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
Nicaragua$128k (113%)
United States$78.5k (69.6%)
Barbados$59.3k (283%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Dominican Republic WERE (2021 - 2022):
Dominican Republic-$129k (-85.8%)
Colombia-$74.8k (-88.1%)
Aruba-$30k (-96.6%)

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 Crates were:
In 2022, Dominican Republic's main importing competitors in Wood Crates were:

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $171k
TOP IMPORT POTENTIALSpain+ $86.4k

Wood Crates’s highest export potential is United States. With an export gap of $171k.   Wood Crates’s highest import potential is Spain with an import gap of $86.4k.

See methodology.

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