Dominican Republic recorded a trade deficit of 793.60 USD Million in June of 2018. Balance of Trade in Dominican Republic averaged -415.18 USD Million from 1997 until 2018, reaching an all time high of 122.10 USD Million in March of 2004 and a record low of -866.90 USD Million in December of 2011.

Balance of Trade in Dominican Republic is expected to be -625.00 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 -631.02 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
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Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -793.60 -703.90 122.10 -866.90 USD Million [+]
Current Account -279.60 155.40 587.00 -1561.10 USD Million [+]
Current Account to GDP -0.20 -1.40 5.00 -9.40 percent [+]
Imports 1748.70 1711.30 1748.70 324.80 USD Million [+]
Exports 955.10 1007.40 1007.40 282.80 USD Million [+]
Remittances 515.98 551.48 1088.90 78.50 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]
Terrorism Index 0.89 1.56 2.58 0.00 [+]
Tourist Arrivals 365368.00 537575.00 667545.00 16835.00 [+]
External Debt 21701.80 21777.80 21777.80 11056.90 USD Million [+]
Foreign Direct Investment 762.30 784.40 1658.60 123.50 USD Million [+]
Capital Flows 449.70 -611.80 3231.20 -2139.90 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-793.60 -703.90 122.10 -866.90 1997 - 2018 USD Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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