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Dominican Republic Trade Summary

2021

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 2021

Overall Exports and Imports for Dominican Republic 2021

Exports and imports of Dominican Republic in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,643 million.
  • The total value of imports (CIF) was 24,187 million.
  • At the HS6 digit level, 2,845 products were exported to 138 countries and 3,888 products were imported from 189 countries.

Dominican Republic top 5 Export and Import partners 2021

Top five countries to which Dominican Republic exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Dominican Republic exports to United States worth US$ 6,518 million, with a partner share of 55.98 percent.
  2. Dominican Republic exports to Switzerland worth US$ 961 million, with a partner share of 8.26 percent.
  3. Dominican Republic exports to Haiti worth US$ 955 million, with a partner share of 8.20 percent.
  4. Dominican Republic exports to India worth US$ 667 million, with a partner share of 5.73 percent.
  5. Dominican Republic exports to Netherlands worth US$ 416 million, with a partner share of 3.57 percent.

Top five countries from which Dominican Republic imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Dominican Republic imports from United States worth US$ 12,489 million, with a partner share of 51.64 percent.
  2. Dominican Republic imports from China worth US$ 3,874 million, with a partner share of 16.02 percent.
  3. Dominican Republic imports from Mexico worth US$ 947 million, with a partner share of 3.91 percent.
  4. Dominican Republic imports from Brazil worth US$ 875 million, with a partner share of 3.62 percent.
  5. Dominican Republic imports from Spain worth US$ 744 million, with a partner share of 3.08 percent.

Dominican Republic Top 5 Productsexports imports at HS 6 digit level 2021

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 1,591,141.26 (US$ Thousands).
  2. Dominican Republic exported Cigars, cheroots and cigarillos containing toba , worth 1,047,204.37 (US$ Thousands).
  3. Dominican Republic exported Instruments and appliances used in medical or v , worth 789,377.67 (US$ Thousands).
  4. Dominican Republic exported Automatic circuit breakers for a voltage not ex , worth 737,378.87 (US$ Thousands).
  5. Dominican Republic exported Art. of jewellery and pts thereof of/o prec mtl , worth 543,471.19 (US$ Thousands).

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 2,120,205.92 (US$ Thousands).
  2. Dominican Republic imported Human and animal blood; microbial cultures; tox , worth 1,150,482.55 (US$ Thousands).
  3. Dominican Republic imported Petroleum oils and oils obtained from bituminou , worth 666,082.71 (US$ Thousands).
  4. Dominican Republic imported Automobiles with reciprocating piston engine di , worth 624,481.08 (US$ Thousands).
  5. Dominican Republic imported Other articles of plastics, nes , worth 620,700.60 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Dominican Republic in 2021 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 5.53 percent.
  • The trade weighted average tariff was 3.80 .
  • The total duty free imports in thousands of US dollars were 16,385,480.83 and duty free tariff line items share was 62.26 percent.

Development Indicators 2021

Key Development Indicators of Dominican Republic in 2021 are below

  • Dominican Republic GDP in current US dollar was 94,243 million.
  • GNI per capita, Atlas method (current US$) was 8,100.00 .
  • Dominican Republic Trade balance: as % of GDP was -9.23.
  • Trade balance in current US$ was -8,698.00 million.
  • Trade as percentage of GDP was 52.73 .
  • Trade in services as percentage of GDP was 13.29 .

Trade Indicators 2021

Trade Indicators for Dominican Republic in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.33.
  • Index of export market penetration was 3.76.
  • World Growth in percentage was 12.50 and Dominican Republic Country Growth was 7.61 .