Dominican Republic recorded a trade deficit of 698.50 USD Million in March of 2019. Balance of Trade in Dominican Republic averaged -483.13 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 -633.11 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.

Dominican Republic Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -698.50 -613.90 -80.60 -1028.20 USD Million [+]
Current Account 231.50 -688.90 587.00 -1561.10 USD Million [+]
Current Account to GDP -1.40 -0.20 5.00 -9.40 percent [+]
Imports 1698.30 1461.90 1926.90 324.80 USD Million [+]
Exports 999.80 848.00 999.80 282.80 USD Million [+]
Remittances 567.55 674.96 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 527732.00 584279.00 672969.00 16835.00 [+]
External Debt 21654.10 21715.50 21860.30 11056.90 USD Million [+]
Foreign Direct Investment 805.20 829.10 1658.80 123.50 USD Million [+]
Capital Flows -451.50 -1006.90 1144.10 -2143.60 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-698.50 -613.90 -80.60 -1028.20 1997 - 2019 USD Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


Related

Latest