Dominican Republic recorded a trade deficit of 1055.40 USD Million in June of 2021. source: Central American Monetary Council

Balance of Trade in Dominican Republic averaged -452.70 USD Million from 1997 until 2021, reaching an all time high of 122.10 USD Million in March of 2004 and a record low of -1055.40 USD Million in June of 2021. 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 December of 2021.

Balance of Trade in Dominican Republic is expected to be -640.00 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 -640.00 USD Million in 2022, according to our econometric models.

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Dominican Republic Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -1055.40 -921.30 USD Million Jun/21
Imports 2091.20 1977.00 USD Million Jun/21
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.