Other Asia, nes-Dominican Rep. Bilateral Trade Analysis 2023
Complete trade statistics: $124.89M total volume •Other Asia, nes deficit: $124.89M
Other Asia, nes → Dominican Rep.
$0
Exports (2023)
Dominican Rep. → Other Asia, nes
$124.89M
Imports (2023)
Trade Balance
$124.89M
Deficit for Other Asia, nes
Total Trade
$124.89M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Other Asia, nes and Dominican Rep.. Green line shows exports from Other Asia, nes, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Other Asia, nes-Dominican Rep. commercial relationship and competitive positioning in global markets.
Other Asia, nes → Dominican Rep. Exports
Export Market Intelligence
🎯 Strategic Export Focus
Other Asia, nes's export portfolio to Dominican Rep. demonstrates strategic specialization, with styrene polymers: (other than expansible polystyrene), in primary forms representing a key competitive advantage in this bilateral market.
Dominican Rep. → Other Asia, nes Imports
Import Dependency Profile
📦 Import Strategy Analysis
Other Asia, nes's import pattern from Dominican Rep. reveals significant dependencyin ferrous waste and scrap: n.e.c. in heading no. 7204, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Other Asia, nes demonstrates competitive strength in exportingstyrene polymers: (other than expansible polystyrene), in primary forms to Dominican Rep., leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $124.89M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Other Asia, nes-Dominican Rep. Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $124.89 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Other Asia, nes maintains a deficit of $124.89 million
- Export Focus: Other Asia, nes's primary exports include styrene polymers: (other than expansible polystyrene), in primary forms, fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread, fans: table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125w
- Import Dependencies: Key imports from Dominican Rep. include ferrous waste and scrap: n.e.c. in heading no. 7204, aluminium: waste and scrap, medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $124.89M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Other Asia, nes leveraging its comparative advantages in styrene polymers: (other than expansible polystyrene), in primary forms.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Other Asia, nes's specialization in styrene polymers: (other than expansible polystyrene), in primary formscomplements Dominican Rep.'s demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in ferrous waste and scrap: n.e.c. in heading no. 7204.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $124.89M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $124.89M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $124.89 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in styrene polymers: (other than expansible polystyrene), in primary forms and ferrous waste and scrap: n.e.c. in heading no. 7204 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Other Asia, nes's trade deficit of $124.89 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Other Asia, nes and Dominican Rep. represents a total trade volume of $124.89 million in 2023. This partnership demonstrates an unfavorable trade balance for Other Asia, nes, with imports exceeding exportsby $124.89 million.
Export Strengths
Other Asia, nes's exports to Dominican Rep. total $0.00, with competitive advantages in styrene polymers: (other than expansible polystyrene), in primary forms, representing $17.20M orInfinity% of bilateral exports.
Import Dependencies
Imports from Dominican Rep. amount to $124.89 million, highlighting economic interdependence in ferrous waste and scrap: n.e.c. in heading no. 7204, with Ferrous waste and scrap: n.e.c. in heading no. 7204 comprising67.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Other Asia, nes's strategic sourcing from Dominican Rep.. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Other Asia, nes and Dominican Rep. in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023