Dominican Republic recorded a trade deficit of 663.50 USD Million in June of 2019. Balance of Trade in Dominican Republic averaged -486.14 USD Million from 1997 until 2019, reaching an all time high of -80.60 USD Million in June of 1998 and a record low of -1028.20 USD Million in July of 2008.

Balance of Trade in Dominican Republic is expected to be -605.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Dominican Republic to stand at -605.00 in 12 months time. In the long-term, the Dominican Republic Balance of Trade is projected to trend around -640.00 USD Million in 2020, according to our econometric models.

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Dominican Republic Balance of Trade
Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -663.50 -881.50 -80.60 -1028.20 USD Million [+]
Current Account -383.70 328.70 587.00 -1561.10 USD Million [+]
Current Account to GDP -1.40 -0.20 5.00 -9.40 percent [+]
Imports 1617.40 1912.20 1926.90 324.80 USD Million [+]
Exports 953.90 1030.70 1030.70 282.80 USD Million [+]
Remittances 567.00 614.88 1088.90 78.50 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]
Terrorism Index 0.38 0.89 2.58 0.00 [+]
Tourist Arrivals 591348.00 587143.00 672969.00 16835.00 [+]
External Debt 23564.00 21108.30 23564.00 11056.90 USD Million [+]
Foreign Direct Investment 712.80 646.10 1658.80 123.50 USD Million [+]
Capital Flows -1507.90 -270.00 1144.10 -2143.60 USD Million [+]


Dominican Republic Balance of Trade

The Dominican Republic’s dwindling export competitiveness has resulted in large trade deficits in recent years. The Dominican Republic mostly exports ferronickel, cigars, plastics, electrical equipment, bananas, jewellery, medical equipment, clothing, scrap metals and beverages. Dominican Republic mostly imports fuel, electrical equipment, natural gas, oil, iron and steel, corn, jewellery, electronic appliances and cotton. The Dominican Republic’s main trading partner is the United States accounting for over 50 percent of total trade. Others include Venezuela, China, Colombia, Mexico, Haiti and Netherlands Antilles. This page provides - Dominican Republic Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Balance of Trade - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-663.50 -881.50 -80.60 -1028.20 1997 - 2019 USD Million Monthly




Country Last Previous
Argentina 1744.00 Sep/19 1168
Australia 7180.00 Sep/19 6617
Brazil 1206.00 Oct/19 2246
Canada -978.00 Sep/19 -1235
China 428.09 Oct/19 392
Euro Area 14702.40 Aug/19 24528
France -5551.00 Sep/19 -5436
Germany 21138.00 Sep/19 16448
India -10860.00 Sep/19 -13450
Indonesia 160.00 Oct/19 -160
Italy 2585.00 Aug/19 7617
Japan -122.98 Sep/19 -144
Mexico -116.00 Sep/19 775
Netherlands 5310.00 Sep/19 3807
Russia 14150.00 Sep/19 12010
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3833.90 Sep/19 3772
South Africa 5160.00 Sep/19 4542
South Korea 5393.00 Oct/19 5982
Spain -3984900.00 Aug/19 -2486462
Switzerland 2881.00 Sep/19 1111
Turkey -2055.51 Sep/19 -2518
United Kingdom -3360.00 Sep/19 -1760
United States -52450.00 Sep/19 -55036


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