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Dominican Republic -Trade Profile UWI's Shridath Ramphal Centre
Dominican Republic -Trade Profile UWI's Shridath Ramphal Centre
Dominican Republic -Trade Profile UWI's Shridath Ramphal Centre
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Dominican Republic -Trade Profile UWI's Shridath Ramphal Centre

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  • 1. Population: 10 million DOMINICAN REPUBLIC Area: 48,072 sq km (18,696 sq miles) MAIN ECONOMIC INDICATORS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 GDP ($US, billions) 23.7 24.6 22.3 20.2 21.6 33.6 35.3 41.0 45.6 46.7 50.1 GDP (% change) 5.7 1.8 5.8 -0.3 1.3 9.3 10.7 8.5 5.3 3.5 3.5 GDP per capita ($US) 2,982 3,053 2,728 2,437 2,568 3,934 4,081 4,668 5,117 5,176 5,464 Current account balance ($US, billions) -1.01 -0.74 -0.71 1.03 1.04 -0.47 -1.28 -2.17 -4.51 -2.34 -3.06 Current account balance (% of GDP) -4.3 -3.0 -3.2 5.1 4.8 -1.4 -3.6 -5.3 -9.9 -5.0 -6.1 Inflation (% change) 7.7 8.9 5.2 27.5 51.5 4.2 7.6 6.1 10.6 1.5 6.5 Unemployment+ (%) 14 16 16 17 18 11 10 16 - - - GDP (% change) Inflation (% change) GDP Current account balance 49.6 50.0 39.6 40.0 30.0 $US Billions 29.6 % 19.6 20.0 9.6 10.0 0.0 -0.4 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -10.0 Source: IMF World Economic Outlook April 2010+ Source: The World Bank - http://databank.worldbank.org*Numbers in italics represent estimates
  • 2. Population: 10 million DOMINICAN REPUBLIC Area: 48,072 sq km (18,696 sq miles) MAIN TRADE INDICATORS – GOODS 2006 2007 2008 2009 Trade Balance ($US thousands) -5,464,080 -7,656,050 -10,768,422 -7,361,175 Total Exported Value ($US thousands) 6,790,320 5,681,980 5,569,806 4,693,264 Total Imported Value ($US thousands) 12,254,400 13,338,030 16,338,228 12,054,439 Top 10 Markets by % of Total Exported Value (2009) Top 10 Markets by % of Total Imported Value (2009)United States of America 62% United States of America 42% Haiti 14% China 10% Netherlands 2% Venezuela 5% China 2% Mexico 4% Spain 2% Colombia 4% United Kingdom 2% Trinidad and Tobago 3% Belgium 2% Brazil 2% Japan 1% Spain 2% Germany 1% Germany 2% Jamaica 1% Costa Rica 2% Top 5 Exports by % of Total Exported Value (2009) Vehicles Top 5 Imports by % of Total Imported Value (2009) other than Plastics and railway, articles thereof, tramway, 5% Optical, photo, Plastics and 7% Mineral fuels, technical, articles thereof, Tobacco and oils, distillation 6% medical manufactured products, 21% apparatus, 14% tobacco substitutes, 7% Nuclear reactors, Electrical, Articles of boilers, electronic apparel (not Electrical, machinery, 8% equipment, knit or crochet), electronic 10% 8% equipment, 9% Source: International Trade Centre – www.trademap.org
  • 3. Population: 10 million DOMINICAN REPUBLIC Area: 48,072 sq km (18,696 sq miles) MAIN TRADE INDICATORS – SERVICES 2004 2005 2006 2007 2008 Trade Balance ($US thousands) 2,290,700 2,456,800 2,985,000 3,020,900 3,092,600 Total Exported Value ($US thousands) 3,503,870 3,935,000 4,567,200 4,794,100 4,938,600 Total Imported Value ($US thousands) 1,213,170 1,478,200 1,582,200 1,773,200 1,846,000 Top Exports by % of Total Exported Value (2008) Top Imports by % of Total Imported Value (2008) Travel 85% Transportation 63% Transportation 8% Travel 17% Insurance services 6% Communications services 3% Government services 5% Other business services 2% Communications services 2% Government services 1% Other business services 2% Insurance services 1% Royalties & license fees 2% Financial services 0.3% Financial services 2%Computer & information services 0.3% Computer & information services 1% Source: International Trade Centre – www.trademap.org

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