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Dominican Republic

DR FlagU.S.-Dominican Republic Trade Facts

Dominican Republic is currently our 44th largest goods trading partner with $11.5 billion in total (two way) goods trade during 2013. Goods exports totaled $7.2 billion; Goods imports totaled $4.3 billion. The U.S. goods trade surplus with Dominican Republic was $2.9 billion in 2013.

Exports

Dominican Republic was the United States' 38th largest goods export market in 2013.

U.S. goods exports to Dominican Republic in 2013 were $7.2 billion, up 3.2% ($223 million) from 2012, and up 71% from 2003. U.S. exports to the Dominican Republic are up 34.5% from 2006 (Pre FTA).

The top export categories (2-digit HS) in 2013 were: Mineral Fuel (oil) ($1.4 billion), Electrical Machinery ($588 million), Machinery ($534 million), Special Other (articles donated for relief and returns) ($499 million), and Plastic ($419 million). 

U.S. exports of agricultural products to Dominican Republic totaled $1.1 billion in 2013. Leading categories include: soybean meal ($174 million), wheat ($153 million), tobacco ($97 million), and dairy products ($88 million). 

Imports

Dominican Republic was the United States' 52nd largest supplier of goods imports in 2013.

U.S. goods imports from Dominican Republic totaled $4.3 billion in 2013, a 2.5% decrease ($109 million) from 2012, and down 4.5% from 2003. U.S. imports from the Dominican Republic are down 6% from 2006 (pre-FTA).

The five largest import categories in 2013 were: Optical and Medical Instruments ($722 million), Tobacco ($496 million), Electrical Machinery ($482 million), Knit Apparel ($373 million), and Precious Stones (jewelry) ($358 million), 

U.S. imports of agricultural products from Dominican Republic totaled $354 million in 2013.  Leading categories include: raw beet and cane sugar ($56 million), cocoa beans ($53 million), and fresh vegetables ($47 million).

Trade Balance

The U.S. goods trade surplus with Dominican Republic was $2.9 billion in 2013, a 12.7% increase ($332 million) over 2012.

Investment

U.S. foreign direct investment (FDI) in Dominican Republic (stock) was $1.7 billion in 2012 (latest data available), up 12.8% from 2011.

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

Dominican Republic FDI in the United States (stock) was $67 million in 2012 (latest data available, up 81.1% from 2011.


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

4/18/14