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Dominican Republic

Dominican Republic ranked No. 39 in total trade value through October with a total of $11.59 billion. Exports totaled $7.09 billion and Imports totaled $4.49 billion, a surplus of $2.6 billion.

January – October 2018

Top Trading Ports

Total Trade: $11.59 billion

RankPortTotal YTD
1Port Miami $2,327,542,210
2Port Everglades, Fla. $2,247,669,242
3Miami International Airport $850,250,848
4Port of San Juan, Puerto Rico $802,694,177
5Port of Houston $772,989,756
6Port of New Orleans $715,492,631
7Port of New York $615,872,230
8Port of Newark $255,862,712
9Port of Southern Louisiana, Gramercy, St. James Parish $243,647,503
10Port of Mobile, Ala. $231,040,776

U.S. trade with Dominican Republic rose to $11.59 billion through October

Dominican Republic’s trade with the United States rose to $11.59 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.69 percent above its total trade during the same time period last year. Dominican Republic’s exports increased 11.41 percent while imports rose 14.76 percent. The U.S. surplus with Dominican Republic was $2.6 billion.

Through October, 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 Houston. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Port Miami No. 3 Miami International Airport No. 4 Port of Houston and No. 5 Port of San Juan, Puerto Rico. In the current time period, the top five accounted for 60.43 percent of Dominican Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 18.6 percent to $2.33 billion.
    Exports rose 8.87 percent to $1.15 billion. Imports rose 30.01 percent to $1.17 billion.
  • Trade with No. 2 Port Everglades, Fla. rose 6.44 percent to $2.25 billion.
    Exports rose 8.73 percent to $1.02 billion. Imports rose 4.62 percent to $1.23 billion.
  • Trade with No. 3 Miami International Airport fell 2.38 percent to $850.25 million.
    Exports fell 2.97 percent to $409.9 million. Imports fell 1.82 percent to $440.35 million.
  • Trade with No. 4 Port of San Juan, Puerto Rico rose 20.99 percent to $802.69 million.
    Exports rose 7.67 percent to $315.86 million. Imports rose 31.55 percent to $486.84 million.
  • Trade with No. 5 Port of Houston rose 7.13 percent to $772.99 million.
    Exports rose 9.22 percent to $714.73 million. Imports fell 13.23 percent to $58.26 million.

Dominican Republic ranked No. 39 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 $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Dominican Republic by value through October were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Motor vehicles for transporting people; Jewelry, parts; and Cotton yarn, respectively. They accounted for 30.97 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 51.96 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 17.23 percent compared to last year to $1.02 billion.
  • Petroleum gases, other gaseous hydrocarbons rose 4.44 percent compared to last year to $386.07 million.
  • Motor vehicles for transporting people rose 11.64 percent compared to last year to $293.09 million.
  • Jewelry, parts rose 3.27 percent compared to last year to $285.25 million.
  • Cotton yarn rose 15.06 percent compared to last year to $212.8 million.

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

  • Medical instruments for surgeons, dentists, vets rose 5.13 percent compared to last year to $751.34 million.
  • Cigars, cigarettes rose 6.56 percent compared to last year to $591.01 million.
  • Electrical supplies, apparatus, less than 1000V rose 67.55 percent compared to last year to $557.63 million.
  • T-shirts, tank tops, knit or crocheted fell 0.07 percent compared to last year to $270.75 million.
  • Jewelry, parts rose 1.31 percent compared to last year to $163.28 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.