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 $3.1 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 11.2% ($738 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 ($564 million), Machinery ($520 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= 54th 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 $3.1 billion in 2011, a 7.5% increase ($219 million) over 2010.

Investment

U.S. foreign direct investment (FDI) in Dominican Republic (stock) was $1.7 billion in 2011, up 32.7% from 2010.

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

Dominican Republic FDI in the United States (stock) was $37 million in 2011, down 14.3% from 2010.

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