Dominican Republic

DR FlagU.S.-Dominican Republic Trade Facts

Dominican Republic is currently our 44th largest goods trading partner with $10.2 billion in total (two way) goods trade during 2010. Goods exports totaled $6.6 billion; Goods imports totaled $3.7 billion. The U.S. goods trade surplus with Dominican Republic was $2.9 billion in 2010.

Exports

Dominican Republic was the United States' 35th largest goods export market in 2010.

U.S. goods exports to Dominican Republic in 2010 were $6.6 billion, up 24.4% ($1.3 billion) from 2009, and up 134% from 1994 (the year prior to Uruguay Round). U.S. exports to the Dominican Republic are down 22.5% from 2006 (Pre FTA).

The top export categories (2-digit HS) in 2010 were: Mineral Fuel (oil) ($846 million), Electrical Machinery ($587 million), Machinery ($546 million), Vehicles ($523 million), and Plastic ($372 million).

U.S. exports of agricultural products to Dominican Republic totaled $1.0 billion in 2010, the 20th largest U.S. Ag export market. Leading categories include: coarse grains ($174 million), soybean meal ($145 million), wheat ($137 million), and tobacco ($82 million).

Imports

Dominican Republic was the United States' 51st largest supplier of goods imports in 2010.

U.S. goods imports from Dominican Republic totaled $3.7 billion in 2010, a 10.6% increase ($354 million) from 2009, and up 19.0% over the last 16 years. U.S. imports from the Dominican Republic are down 18.7% from 2006 (pre-FTA).

The five largest import categories in 201 were: Optical and Medical Instruments ($586 million), Precious Stones (jewelry) ($466 million), Electrical Machinery ($400 million), Tobacco ($338 million), Knit Apparel ($327 million).

U.S. imports of agricultural products from Dominican Republic totaled $421 million in 2010. Leading categories include: raw beet and cane sugar ($161 million), cocoa beans ($55 million), and fresh vegetables ($30 million).

Trade Balance

The U.S. goods trade surplus with Dominican Republic was $2.9 billion in 2010, a 48.1% increase ($932 million) over 2009.

Investment

U.S. foreign direct investment (FDI) in Dominican Republic (stock) was $1.0 billion in 2009 (latest data available), up 40.9% from 2008.

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 2009.