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Dominican Republic

Dominican Republic ranked No. 36 in total trade value through August with a total of $9.89 billion. Exports totaled $6.18 billion and Imports totaled $3.7 billion, a surplus of $2.48 billion.

January – August 2019

Top Trading Ports

Total Trade: $9.89 billion

RankPortTotal YTD
1Port Miami $2,303,671,753
2Port Everglades, Fla. $1,304,331,546
3Miami International Airport $809,619,041
4Port of San Juan, Puerto Rico $668,941,358
5Port of New Orleans $636,161,402
6Port of Houston $556,522,802
7Port of New York $421,546,643
8Port of Southern Louisiana, Gramercy, St. James Parish $291,951,441
9Port of Newark $203,886,683
10Port of Lake Charles, La. $200,486,509

U.S. trade with Dominican Republic rose to $9.89 billion through August

Dominican Republic’s trade with the United States rose to $9.89 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.93 percent above its total trade during the same time period last year. U.S. exports to Dominican Republic increased 10.76 percent while U.S. imports from Dominican Republic rose 3.51 percent. The U.S. surplus with Dominican Republic was $2.48 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port Everglades, Fla.; No. 3 Miami International Airport; No. 4 Port of San Juan, Puerto Rico; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port Everglades, Fla. No. 3 Miami International Airport No. 4 Port of San Juan, Puerto Rico and No. 5 Port of Houston. In the current time period, the top five accounted for 57.89 percent of Dominican Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 24.65 percent to $2.3 billion.
    Exports rose 23.82 percent to $1.12 billion. Imports rose 25.45 percent to $1.18 billion.
  • Trade with No. 2 Port Everglades, Fla. fell 26.11 percent to $1.3 billion.
    Exports fell 23.85 percent to $615.27 million. Imports fell 28.01 percent to $689.06 million.
  • Trade with No. 3 Miami International Airport rose 18.7 percent to $809.62 million.
    Exports rose 13.94 percent to $368.27 million. Imports rose 22.99 percent to $441.35 million.
  • Trade with No. 4 Port of San Juan, Puerto Rico rose 4.69 percent to $668.94 million.
    Exports fell 9.6 percent to $231.81 million. Imports rose 14.27 percent to $437.13 million.
  • Trade with No. 5 Port of New Orleans rose 8.77 percent to $636.16 million.
    Exports rose 8.49 percent to $625.03 million. Imports rose 26.8 percent to $11.13 million.

Dominican Republic ranked No. 36 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 40.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Dominican Republic by value through August were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Motor vehicles for transporting people; Jewelry, parts; and Oil, respectively. They accounted for 35.09 percent of total exports to Dominican Republic.

The value of the top five categories of U.S. imports from Dominican Republic –– Medical instruments for surgeons, dentists, vets; Cigars, cigarettes; Electrical supplies, apparatus, less than 1000V; T-shirts, tank tops, knit or crocheted; and Jewelry, parts –– accounted for 51.36 percent of all inbound shipments.

Looking more closely at U.S. exports to Dominican Republic:

  • Gasoline, other fuels rose 36.69 percent compared to last year to $1.09 billion.
  • Petroleum gases, other gaseous hydrocarbons rose 25.56 percent compared to last year to $350.55 million.
  • Motor vehicles for transporting people rose 11.02 percent compared to last year to $257.62 million.
  • Jewelry, parts rose 11.05 percent compared to last year to $242.64 million.
  • Oil rose 301.79 percent compared to last year to $233.56 million.

Looking more closely at U.S. imports from Dominican Republic:

  • Medical instruments for surgeons, dentists, vets fell 1.91 percent compared to last year to $581.22 million.
  • Cigars, cigarettes rose 7.11 percent compared to last year to $495.64 million.
  • Electrical supplies, apparatus, less than 1000V rose 3.06 percent compared to last year to $460.08 million.
  • T-shirts, tank tops, knit or crocheted rose 4.99 percent compared to last year to $219.84 million.
  • Jewelry, parts rose 11.15 percent compared to last year to $144.57 million.

In the latest annual figures available, Dominican Republic recorded $12.54 billion in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; San Juan; and New York City. Total U.S. exports to Dominican Republic were $ 7.79 billion and imports from Dominican Republic were $4.75 billion. The U.S. surplus with Dominican Republic was $3.05 billion.