Dominican Republic

DR FlagU.S.-Dominican Republic Trade Facts

Dominican Republic is currently our 46th largest goods trading partner with $11.5 billion in total (two way) goods trade during 2011. Goods exports totaled $7.3 billion; Goods imports totaled $4.2 billion. The U.S. goods trade surplus with Dominican Republic was $3.2 billion in 2011.

Exports

Dominican Republic was the United States' 36th largest goods export market in 2011.

U.S. goods exports to Dominican Republic in 2011 were $7.3 billion, up 11.7% ($767 million) from 2010, and up 65% from 2000. U.S. exports to the Dominican Republic are up 37% from 2006 (Pre FTA).

The top export categories (2-digit HS) in 2011 were: Mineral Fuel (oil) ($1.3 billion), Electrical Machinery ($563 million), Machinery ($519 million), Vehicles ($457 million), and Cotton, Yarn, and Fabric ($447 million).

U.S. exports of agricultural products to Dominican Republic totaled $1.2 billion in 2011. Leading categories include: coarse grains ($212 million), wheat ($192 million), soybean meal ($145 million), and tobacco ($101 million).

Imports

Dominican Republic was the United States' 53rd largest supplier of goods imports in 2011.

U.S. goods imports from Dominican Republic totaled $4.2 billion in 2011, a 14.1% increase ($519 million) from 2010, but down 4% from 2000. U.S. imports from the Dominican Republic are down 7.5% from 2006 (pre-FTA).

The five largest import categories in 2011 were: Optical and Medical Instruments ($595 million), Precious Stones (jewelry and gold) ($540 million), Electrical Machinery ($417 million), Tobacco ($360 million), and Knit Apparel ($335 million).

U.S. imports of agricultural products from Dominican Republic totaled $432 million in 2011. Leading categories include: raw beet and cane sugar ($146 million), cocoa beans ($55 million), and fresh vegetables ($41 million).

Trade Balance

The U.S. goods trade surplus with Dominican Republic was $3.2 billion in 2011, a 8.5% increase ($248 million) over 2010.

Historical Trade Data Note: FTA entry into force March 1, 2007

U.S. Goods Trade with Dominican Republic (in billions of dollars)

 

 

 

1980

 

1990

 

1994

 

2000

 

2006

 

2008

 

2009

 

2010

 

2011

 

Balance

 

0.0

 

-0.0

 

-0.3

 

0.1

 

0.8

 

2.6

1.9

2.9

3.2

 

Exports

 

0.8

 

1.7

 

2.8

 

4.5

 

5.4

 

6.6

5.3

6.6

7.3

 

Imports

 

0.8

 

1.8

 

3.1

 

4.4

 

4.5

 

4.0

3.3

3.7

4.2

Investment

U.S. foreign direct investment (FDI) in Dominican Republic (stock) was $1.3 billion in 2010 (latest data available), up 21.6% from 2009.

U.S. direct investment in Dominican Republic is primarily in the manufacturing sector.

Dominican Republic FDI in the United States (stock) was not available in 2010.

NOTE: No services trade data with Dominican Republic is available.

2/15/12