United States (USA) and Dominican Republic (DOM) Trade

2022

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Exports $13.7BRnk 28 / 219

2022

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About

United States-Dominican Republic Trade: In 2022, United States exported $13.7B to Dominican Republic. The main products that United States exported to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). Over the past 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2017 to $13.7B in 2022.

In 2017, United States exported services to Dominican Republic worth $2.38B, with Transportation ($930M), Travel ($918M), and Financial services ($198M) being the largest in terms of value.

Dominican Republic-United States Trade: In 2022, Dominican Republic exported $6.85B to United States. The main products that Dominican Republic exported to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). Over the past 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 4.72%, from $4.96B in 2017 to $6.85B in 2022.

In 2022, Dominican Republic did not export any services to United States.

Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Company data: In 2023, leading companies such as Del Monte Foods (6.21k), Ayco Farms (3.59k), and Family Tobacco Traders (1.81k) were at the forefront of exporting goods from Dominican Republic to the United States. Conversely, Bandegua S A (2.85k), Agrobassy Y Compania Limitada (2.55k), and Hayco Dominican Republic (1.8k) were notable for importing products to Dominican Republic from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $1.15B and imported $606M from Dominican Republic, resulting in a positive trade balance of $541M. Between August 2023 and August 2024 the exports of United States have increased by $79.4M (7.44%) from $1.07B to $1.15B, while imports increased by $35.8M (6.27%) from $570M to $606M.

Trade In August 2024, the top exports of United States to Dominican Republic were Refined Petroleum ($197M), Petroleum Gas ($81.1M), Cars ($54.8M), Raw Tobacco ($44.5M), and Commodities not elsewhere specified ($41.4M). In August 2024 the top imports of United States from Dominican Republic were Medical Instruments ($81.5M), Low-voltage Protection Equipment ($64.6M), Rolled Tobacco ($44.9M), Commodities not elsewhere specified ($23.6M), and Raw Sugar ($21.5M).

Origins In August 2024 the exports of United States were mainly from Texas ($268M), Florida ($226M), Louisiana ($155M), US Virgin Islands ($44.2M), and Pennsylvania ($43.7M), while imports destinations were mainly Florida ($180M), Puerto Rico ($61.3M), California ($39.7M), South Carolina ($37.6M), and North Carolina ($37M).

Growth In August 2024, the increase in United States's year-by-year exports to Dominican Republic was explained primarily by an increase in product exports in Raw Tobacco ($24.5M or 123%), Narrow Woven Fabric ($12.1M or 2.68k%), and Commodities not elsewhere specified ($11.9M or 40.3%). In August 2024, the increase in United States's year-by-year imports from Dominican Republic was explained primarily by an increase in product imports in Raw Sugar ($17.3M or 414%), Low-voltage Protection Equipment ($14.6M or 29.3%), and Medical Instruments ($6.56M or 8.74%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$79.4M(7.44%)

IMPORT GROWTH (August 2023 - August 2024)$35.8M(6.27%)

MAIN EXPORTER (August 2024)Texas$268M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Dominican Republic and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $13.7B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). During the last 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2017 to $13.7B in 2022.

In 2017, Dominican Republic exported $6.85B to United States. The main products exported from Dominican Republic to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). During the last 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 4.72%, from $4.96B in 2022 to $6.85B in 2017.

Exports from United States () to Dominican Republic () (2022)

Exports from Dominican Republic () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Dominican Republic
Top DestinationUnited States$6.85B

This map shows whether countries import more from United States or Dominican Republic. Each country is colored based on the difference in imports they receive from United States and Dominican Republic or the difference in the growth in imports.

In 2022, countries that imported more from United States than Dominican Republic included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Dominican Republic than United States included Saint Barthélemy ($260k).

Difference in imports from Dominican Republic () and United States () (2022)

Comparative Advantage United States - Dominican Republic

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and Dominican Republic by product, considering products traded by both, United States and Dominican Republic.

During 2022, United States had a large net trade with Dominican Republic in the exports of Mineral Products ($4.77B), Machines ($1.56B), and Transportation ($959M).

During 2017, Dominican Republic had a large net trade with United States in the exports of Foodstuffs ($1.49B), Instruments ($1.26B), and Machines ($1.16B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Dominican Republic+$23.8MCoal Briquettes

Top Product Potential Dominican Republic United States+$75.7MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of United States and Dominican Republic. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over United States.

Product Space of United States () and Dominican Republic () (2022)

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