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Dominican Republic Trade Summary

2020

Dominican Republic exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR DOMINICAN REPUBLIC 2020

Overall Exports and Imports for Dominican Republic 2020

Exports and imports of Dominican Republic in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,844 million.
  • The total value of imports (CIF) was 17,101 million.
  • At the HS6 digit level, 2,850 products were exported to 142 countries and 3,972 products were imported from 185 countries.

Dominican Republic top 5 Export and Import partners 2020

Top five countries to which Dominican Republic exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Dominican Republic exports to United States worth US$ 5,299 million, with a partner share of 53.83 percent.
  2. Dominican Republic exports to Switzerland worth US$ 1,165 million, with a partner share of 11.84 percent.
  3. Dominican Republic exports to Haiti worth US$ 751 million, with a partner share of 7.63 percent.
  4. Dominican Republic exports to Canada worth US$ 403 million, with a partner share of 4.10 percent.
  5. Dominican Republic exports to Netherlands worth US$ 394 million, with a partner share of 4.01 percent.

Top five countries from which Dominican Republic imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Dominican Republic imports from United States worth US$ 7,565 million, with a partner share of 44.24 percent.
  2. Dominican Republic imports from China worth US$ 2,996 million, with a partner share of 17.52 percent.
  3. Dominican Republic imports from Mexico worth US$ 769 million, with a partner share of 4.50 percent.
  4. Dominican Republic imports from Spain worth US$ 608 million, with a partner share of 3.55 percent.
  5. Dominican Republic imports from Brazil worth US$ 549 million, with a partner share of 3.21 percent.

Dominican Republic Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Dominican Republic along with trade value are:

  1. Dominican Republic exported Gold in unwrought forms non-monetary , worth US$ 1,692,100.17 million.
  2. Dominican Republic exported Cigars, cheroots and cigarillos containing toba , worth US$ 787,621.19 million.
  3. Dominican Republic exported Automatic circuit breakers for a voltage not ex , worth US$ 731,713.30 million.
  4. Dominican Republic exported Instruments and appliances used in medical or v , worth US$ 703,277.81 million.
  5. Dominican Republic exported Ferro-nickel , worth US$ 335,507.80 million.

The top five imported HS 6 digit level products from world by Dominican Republic along with trade value are

  1. Dominican Republic imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,332,346.25 million.
  2. Dominican Republic imported Other medicaments of mixed or unmixed products, , worth US$ 553,189.29 million.
  3. Dominican Republic imported Other articles of plastics, nes , worth US$ 484,934.64 million.
  4. Dominican Republic imported Automobiles with reciprocating piston engine di , worth US$ 392,688.08 million.
  5. Dominican Republic imported Transmission apparatus, for radioteleph incorpo , worth US$ 361,680.52 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Dominican Republic in 2020 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 6.06 percent.
  • The trade weighted average tariff was 3.90 .
  • The total duty free imports in thousands of US dollars were 13,255,661.23 and duty free tariff line items share was 60.17 percent.

Development Indicators 2020

Key Development Indicators of Dominican Republic in 2020 are below

  • Dominican Republic GDP in current US dollar was 78,845 million.
  • GNI per capita, Atlas method (current US$) was 7,170.00 .
  • Dominican Republic Trade balance: as % of GDP was -7.70.
  • Trade balance in current US$ was -6,073.00 million.
  • Trade as percentage of GDP was 44.29 .
  • Trade in services as percentage of GDP was 9.87 .

Trade Indicators 2020

Trade Indicators for Dominican Republic in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 3.56.
  • World Growth in percentage was -3.75 and Dominican Republic Country Growth was -2.31 .