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Dominican Republic

Dominican Republic ranked No. 36 in total trade value through March with a total of $3.66 billion. Exports totaled $2.38 billion and Imports totaled $1.28 billion, a surplus of $1.1 billion.

January – March 2019

Top Trading Ports

Total Trade: $3.66 billion

RankPortTotal YTD
1Port Miami $815,416,622
2Port Everglades, Fla. $464,936,330
3Miami International Airport $279,327,960
4Port of New Orleans $236,146,327
5Port of San Juan, Puerto Rico $226,785,776
6Port of Houston $190,303,801
7Port of New York $165,698,061
8Port of Lake Charles, La. $114,345,971
9Port of Southern Louisiana, Gramercy, St. James Parish $112,677,840
10Port of Freeport, Texas $112,097,660

U.S. trade with Dominican Republic rose to $3.66 billion through March

Dominican Republic’s trade with the United States rose to $3.66 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.19 percent above its total trade during the same time period last year. Dominican Republic’s exports increased 23.34 percent while imports rose 9.69 percent. The U.S. surplus with Dominican Republic was $1.1 billion.

Through March, 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 55.19 percent of Dominican Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 29.01 percent to $815.42 million.
    Exports rose 25.74 percent to $409.26 million. Imports rose 32.49 percent to $406.16 million.
  • Trade with No. 2 Port Everglades, Fla. fell 25.28 percent to $464.94 million.
    Exports fell 23.4 percent to $223.01 million. Imports fell 26.94 percent to $241.93 million.
  • Trade with No. 3 Miami International Airport rose 15.02 percent to $279.33 million.
    Exports rose 25.32 percent to $134.9 million. Imports rose 6.81 percent to $144.42 million.
  • Trade with No. 4 Port of New Orleans rose 34.28 percent to $236.15 million.
    Exports rose 33.74 percent to $232.65 million. Imports rose 84.15 percent to $3.49 million.
  • Trade with No. 5 Port of San Juan, Puerto Rico rose 0.43 percent to $226.79 million.
    Exports fell 12.04 percent to $82.64 million. Imports rose 9.31 percent to $144.14 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. 41.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Dominican Republic by value through March 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 37.74 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 51.22 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 117.43 percent compared to last year to $488.86 million.
  • Petroleum gases, other gaseous hydrocarbons rose 50.44 percent compared to last year to $172.94 million.
  • Motor vehicles for transporting people rose 12.61 percent compared to last year to $90.49 million.
  • Jewelry, parts rose 23.57 percent compared to last year to $80.31 million.
  • Oil totaled $65.83 million. The previous year, there were no exports in this category.

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

  • Medical instruments for surgeons, dentists, vets fell 12.42 percent compared to last year to $188.33 million.
  • Electrical supplies, apparatus, less than 1000V rose 20.63 percent compared to last year to $166.14 million.
  • Cigars, cigarettes rose 11.95 percent compared to last year to $163.7 million.
  • T-shirts, tank tops, knit or crocheted rose 9.86 percent compared to last year to $77.78 million.
  • Cane, beet sugar, solid form rose 783.67 percent compared to last year to $61.76 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.