Country intelligence · DOM · 2024

Dominican Republic trade profile

In 2024, Dominican Republic recorded $13.5B in merchandise exports and $30.5B in imports, producing a $17.0B trade deficit. Exports changed +7.3% from the previous year, while imports changed +2.9%.[1]

Exports

$13.5B

+7.3%

Imports

$30.5B

+2.9%

Trade balance

-$17.0B

deficit

Active partners

270

21 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$13.5B$30.5B-$17.0B+7.3%
2023$12.6B$29.6B-$17.1B+4.4%
2022$12.0B$30.2B-$18.2B+1.0%
2021$11.9B$24.9B-$13.0B+17.3%
2020$10.2B$17.3B-$7.2B-9.7%
2019$11.3B$20.7B-$9.5B+5.8%
2018$10.6B$20.8B-$10.1B+5.3%
2017$10.1B$18.3B-$8.2B+2.9%
2016$9.8B$17.8B-$7.9B+3.1%
2015$9.5B$17.1B-$7.5B-6.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 90 · HS chapter

142 active HS6 lines · 126 export partners

$2.2B
2

HS 71 · Precious metals and stones

48 active HS6 lines · 84 export partners

$2.0B
3

HS 85 · Electrical machinery

259 active HS6 lines · 132 export partners

$1.4B
4

HS 24 · HS chapter

10 active HS6 lines · 136 export partners

$1.4B
5

HS 39 · HS chapter

129 active HS6 lines · 120 export partners

$682.1M
6

HS 61 · HS chapter

106 active HS6 lines · 103 export partners

$681.6M
7

HS 30 · Pharmaceutical products

40 active HS6 lines · 108 export partners

$506.9M
8

HS 72 · HS chapter

153 active HS6 lines · 50 export partners

$473.9M

Leading export markets

Destinations rank bilateral export flows from Dominican Republic; growth describes each corridor rather than the whole economy.

1

United States

Annual change +7.4% · 3-year CAGR 6.3%

$7.5B
2

Haiti

Annual change +7.2% · 3-year CAGR -1.5%

$911.1M
3

Switzerland

Annual change -3.6% · 3-year CAGR -5.2%

$781.3M
4

India

Annual change +38.2% · 3-year CAGR -4.4%

$559.7M
5

China

Annual change -9.9% · 3-year CAGR 14.5%

$449.0M
6

Canada

Annual change +40.4% · 3-year CAGR 17.1%

$292.9M
7

Germany

Annual change -5.9% · 3-year CAGR 2.8%

$257.0M
8

Mexico

Annual change +3.5% · 3-year CAGR 13.9%

$220.1M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.