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Dominican Republic

Dominican Republic ranked No. 37 in total trade value through February with a total of $2.25 billion. Exports totaled $1.46 billion and Imports totaled $798.37 million, a surplus of $657.69 million.

January – February 2019

Top Trading Ports

Total Trade: $2.25 billion

RankPortTotal YTD
1Port Miami $510,622,005
2Port Everglades, Fla. $295,458,956
3Miami International Airport $165,354,712
4Port of New Orleans $157,026,215
5Port of San Juan, Puerto Rico $145,112,587
6Port of Houston $135,741,350
7Port of New York $107,788,794
8Port of Freeport, Texas $87,840,538
9Port of Southern Louisiana, Gramercy, St. James Parish $69,103,735
10Port of Corpus Christi, Texas $49,960,000

U.S. trade with Dominican Republic rose to $2.25 billion through February

Dominican Republic’s trade with the United States rose to $2.25 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.3 percent above its total trade during the same time period last year. Dominican Republic’s exports increased 15.88 percent while imports rose 11.52 percent. The U.S. surplus with Dominican Republic was $657.69 million.

Through February, 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 New Orleans; and No. 5 Port of San Juan, Puerto Rico. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port Everglades, Fla. No. 3 Port of Houston No. 4 Miami International Airport and No. 5 Port of San Juan, Puerto Rico. In the current time period, the top five accounted for 56.49 percent of Dominican Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 29.19 percent to $510.62 million.
    Exports rose 20.55 percent to $253.49 million. Imports rose 39 percent to $257.13 million.
  • Trade with No. 2 Port Everglades, Fla. fell 24.88 percent to $295.46 million.
    Exports fell 29.21 percent to $137.11 million. Imports fell 20.69 percent to $158.35 million.
  • Trade with No. 3 Miami International Airport rose 4.66 percent to $165.35 million.
    Exports rose 10.41 percent to $79.55 million. Imports fell 0.16 percent to $85.8 million.
  • Trade with No. 4 Port of New Orleans rose 31.14 percent to $157.03 million.
    Exports rose 31.06 percent to $154.98 million. Imports rose 37.73 percent to $2.05 million.
  • Trade with No. 5 Port of San Juan, Puerto Rico fell 3.24 percent to $145.11 million.
    Exports fell 19.01 percent to $54.85 million. Imports rose 9.74 percent to $90.26 million.

Dominican Republic ranked No. 37 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 $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Dominican Republic by value through February were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Jewelry, parts; Motor vehicles for transporting people; and Cotton yarn, respectively. They accounted for 37.44 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; Electrical supplies, apparatus, less than 1000V; Cigars, cigarettes; T-shirts, tank tops, knit or crocheted; and Cane, beet sugar, solid form –– accounted for 51.5 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 101.5 percent compared to last year to $280.41 million.
  • Petroleum gases, other gaseous hydrocarbons rose 52.7 percent compared to last year to $119.77 million.
  • Jewelry, parts rose 22.55 percent compared to last year to $54.11 million.
  • Motor vehicles for transporting people fell 6.97 percent compared to last year to $50.94 million.
  • Cotton yarn rose 0.77 percent compared to last year to $39.94 million.

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

  • Medical instruments for surgeons, dentists, vets fell 10.28 percent compared to last year to $123.31 million.
  • Electrical supplies, apparatus, less than 1000V rose 38.42 percent compared to last year to $107.32 million.
  • Cigars, cigarettes rose 18.06 percent compared to last year to $101.71 million.
  • T-shirts, tank tops, knit or crocheted rose 7.4 percent compared to last year to $48.66 million.
  • Cane, beet sugar, solid form rose 20830 percent compared to last year to $30.2 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.