Dominican Republic recorded a trade deficit of 1604.30 USD Million in September of 2022. source: Central American Monetary Council

Balance of Trade in Dominican Republic averaged -493.35 USD Million from 1997 until 2022, reaching an all time high of 122.10 USD Million in March of 2004 and a record low of -1728.70 USD Million in June of 2022. This page provides - Dominican Republic Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Balance of Trade - values, historical data and charts - was last updated on January of 2023.

Balance of Trade in Dominican Republic is expected to be -1632.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Balance of Trade is projected to trend around -2066.00 USD Million in 2024 and -2144.00 USD Million in 2025, according to our econometric models.

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Dominican Republic Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -1604.30 -1634.40 USD Million Sep 2022
Imports 2687.00 2861.40 USD Million Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1604.30 -1634.40 122.10 -1728.70 1997 - 2022 USD Million Monthly