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Dominican Republic Trade Summary

2022

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 2022

Overall Exports and Imports for Dominican Republic 2022

Exports and imports of Dominican Republic in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,836 million.
  • The total value of imports (CIF) was 26,760 million.
  • At the HS6 digit level, 2,660 products were exported to 135 countries and 3,784 products were imported from 209 countries.

Dominican Republic top 5 Export and Import partners 2022

Top five countries to which Dominican Republic exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Dominican Republic exports to United States worth US$ 5,093 million, with a partner share of 51.78 percent.
  2. Dominican Republic exports to Switzerland worth US$ 1,032 million, with a partner share of 10.49 percent.
  3. Dominican Republic exports to Haiti worth US$ 1,019 million, with a partner share of 10.36 percent.
  4. Dominican Republic exports to India worth US$ 330 million, with a partner share of 3.35 percent.
  5. Dominican Republic exports to China worth US$ 272 million, with a partner share of 2.77 percent.

Top five countries from which Dominican Republic imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Dominican Republic imports from United States worth US$ 11,332 million, with a partner share of 42.34 percent.
  2. Dominican Republic imports from China worth US$ 4,760 million, with a partner share of 17.79 percent.
  3. Dominican Republic imports from Brazil worth US$ 1,287 million, with a partner share of 4.81 percent.
  4. Dominican Republic imports from Mexico worth US$ 1,202 million, with a partner share of 4.49 percent.
  5. Dominican Republic imports from Spain worth US$ 1,035 million, with a partner share of 3.87 percent.

Dominican Republic Top 5 Productsexports imports at HS 6 digit level 2022

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 1,322,380.24 (US$ Thousands).
  2. Dominican Republic exported Instruments and appliances used in medical or v , worth 954,973.50 (US$ Thousands).
  3. Dominican Republic exported Automatic circuit breakers for a voltage not ex , worth 786,297.64 (US$ Thousands).
  4. Dominican Republic exported Ferro-nickel , worth 536,384.85 (US$ Thousands).
  5. Dominican Republic exported T-shirts, singlets and other vests, of cotton, , worth 404,247.47 (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 1,138,991.21 (US$ Thousands).
  2. Dominican Republic imported Petroleum oils and oils obtained from bituminou , worth 885,783.75 (US$ Thousands).
  3. Dominican Republic imported Natural gas, liquefied , worth 834,483.36 (US$ Thousands).
  4. Dominican Republic imported Other medicaments of mixed or unmixed products, , worth 772,128.73 (US$ Thousands).
  5. Dominican Republic imported Automobiles with reciprocating piston engine di , worth 700,713.95 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Dominican Republic in 2022 are below

  • The maximum rate of tariff in percentage on any product was 99 percent.
  • The simple average tariff across all products was 4.47 percent.
  • The trade weighted average tariff was 3.98 .
  • The total duty free imports in thousands of US dollars were 15,677,758.02 and duty free tariff line items share was 65.92 percent.

Development Indicators 2022

Key Development Indicators of Dominican Republic in 2022 are below

  • Dominican Republic GDP in current US dollar was 113,642 million.
  • GNI per capita, Atlas method (current US$) was 9,050.00 .
  • Dominican Republic Trade balance: as % of GDP was -12.20.
  • Trade balance in current US$ was -13,861.00 million.
  • Trade as percentage of GDP was 56.32 .
  • Trade in services as percentage of GDP was 14.91 .

Trade Indicators 2022

Trade Indicators for Dominican Republic in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 3.67.
  • World Growth in percentage was 5.18 and Dominican Republic Country Growth was 4.88 .