Dominican Republic

Dominican Republic
Imports: FOB, by origin
Exports: FOB, by last known destination
Trade System: General
Overview:
Over the last five years, the development of the exports of Dominican Republic is marked by a peak of 6.8 bln US$ in 2006 followed by a
continuous drop to 4.7 bln US$ in 2010 (see table 1 and graph 1). This represented an average annual decrease of 8.9 percent since 2006
(see table 1). Imports showed a continuous growth marked by a peak of 16.4 bln US$ in 2008 before dropping in 2009 (by 26.3 percent) and
then bouncing back in 2010 by 25.8 percent to amount to 15.2 bln US$ (see table 2 and graph 1). The trade balance recorded a deficit of 10.5
bln US$ in 2010 compared to 7.4 bln US$ in 2009 (see graph 1). Trade with Latin America & the Caribbean, Developed North America and
Eastern Asia recorded deficits respectively of 3.8, 3.3 and 1.6 bln US$ in 2010 (see graph 2). Imports were more diversified across partners
than exports in 2010: 12 major partners accounted for 80 percent of imports (compared to 5 major partners for exports) (see graph 3).
Graph 1: Total imports, exports and trade balance
(Bln US$ by year)
Exports
8
Imports
Table 1: Exports by SITC sections
Trade Balance
(Value in million US$, growth and shares in percentage)
6
SITC
Total
0+1
2+4
3
5
6
7
8
9
4
2
(na) (na) (na)
0
−2
(na) (na) (na) (na) (na)
−4
−6
−8
−10
2010
4 680.6
1 206.0
167.9
4.8
306.3
718.4
452.2
1 743.7
81.5
Avg. Growth rates (%)
2006-2010 2009-2010
-8.9
6.7
-2.5
-66.1
20.6
-11.6
-10.6
-13.9
-7.6
2010
share
-0.3
4.5
36.8
-54.2
52.8
-6.5
-16.3
-5.7
68.1
100.0
25.8
3.6
0.1
6.5
15.3
9.7
37.3
1.7
−12
−14
−16
10
09
Table 2: Imports by SITC sections
(Value in million US$, growth and shares in percentage)
20
08
20
07
20
06
20
05
20
04
20
03
20
02
20
01
20
00
20
99
20
98
19
97
19
19
19
96
−18
Exports Profile:
In 2010, the Dominican Republic’s exports were composed largely of miscellaneous
manufactured articles (SITC section 8) and food, live animals, beverages and tobacco
(SITC sections 0+1) (see table 1). They represented respectively 37.3 and 25.8 percent
of total exports. USA was the top destination for Dominican Republic’s exports with
58.7 percent of total exports. Other major markets for exports included Haiti and
China (see table 4). Over the last three years, top export commodities were
instruments and appliances used in medical, surgical, dental or veterinary (HS code
9018), cigars, cheroots, cigarillos and cigarettes (HS code 2402) and articles of
jewellery and parts thereof, of precious metal (HS code 7113) (see table 3).
SITC
Total
0+1
2+4
3
5
6
7
8
9
2010
15 162.8
1 664.9
591.4
3 710.4
1 603.0
2 618.5
3 545.8
1 363.3
65.6
Avg. Growth rates (%)
2006-2010 2009-2010
5.5
11.2
6.8
7.0
10.5
2.5
6.7
-3.1
-17.5
2010
share
25.8
20.3
19.1
47.1
15.9
19.1
32.8
2.9
-12.6
100.0
11.0
3.9
24.5
10.6
17.3
23.4
9.0
0.4
Table 3: Top 10 export commodities 2008 to 2010
(Value in million US$)
HS
code
4-digit heading of Harmonized System 2007
All Commodities............................................................................................................
9018 Instruments and appliances used in medical, surgical, dental or veterinary...............
2402 Cigars, cheroots, cigarillos and cigarettes....................................................................
7113 Articles of jewellery and parts thereof, of precious metal...........................................
5208 Woven fabrics of cotton, containing 85 % or more by weight of cotton......................
8536 Electrical apparatus for switching or protecting electrical circuits..............................
7202 Ferro-alloys....................................................................................................................
6405 Other footwear..............................................................................................................
1801 Cocoa beans, whole or broken, raw or roasted............................................................
6207 Men's or boys' singlets and other vests, underpants, briefs, nightshirts.....................
0803 Bananas, including plantains, fresh or dried.................................................................
2008
Value (million US$)
2009
2010
5 617.4
585.1
301.5
349.4
235.9
296.4
463.3
127.0
108.7
137.6
74.2
Source: UN Comtrade
4 693.3
634.6
244.2
219.6
280.9
172.1
6.4
127.4
143.7
144.9
109.0
Unit value
2008 2009 2010
Unit
4 680.6
669.2
290.7 20.0 20.3 19.7
215.2
228.6 4.2
4.3
210.8
2.1
1.7
164.7
111.6 2.9 2.5 3.1
67.7
154.8 0.4 0.4 0.4
US$/kg
US$/kg
US$/kg
US$/kg
US$/kg
SITC
code
872
122
897
652
772
671
851
072
841
057
Dominican Republic
Graph 2: Trade Balance by MDG Regions in 2010
Graph 3: Partner concentration of trade in 2010
(Bln US$)
(Cumulative share by ranked partners)
Developed Asia−Pacific
Imports
(Herfindahl Index = 0.178)
Developed Europe
Exports
(Herfindahl Index = 0.374)
Top
partner
Developed N. America
Top
partner
South−eastern Europe
5 th
5 th
10 th
10 th
15 th
15 th
20 th
20 th
25 th
25 th
CIS
Northern Africa
Sub−Saharan Africa
Latin Am, Caribbean
Eastern Asia
Southern Asia
South−eastern Asia
Western Asia
Table 4: Exports by principal countries and SITC sections in 2010
(Value in million US$, percentages of country total)
Country
World...............................
USA..................................
Haiti.................................
China................................
Netherlands.....................
United Kingdom...............
Spain................................
Belgium............................
Jamaica...........................
Germany..........................
India.................................
Total
4 680.6
2 747.7
758.0
125.6
105.1
102.3
98.1
90.4
49.9
43.5
41.7
0+1 2+4
25.8 3.6
20.5 1.1
25.4 2.9
0.2 38.2
47.8 1.1
91.2 1.0
90.8 2.7
49.1 0.2
13.3 1.2
35.3 0.7
24.6 8.5
3
Shares by SITC sections (%)
5
6
7
8
0.1 6.5 15.3 9.7 37.3
0.0 4.8 6.8 13.4 51.0
0.4 8.5 44.1 2.0 16.7
... 0.6 49.5 3.7 7.6
... 0.2 0.0 6.5 44.1
... 0.2 0.0 0.3 6.4
... 0.9 0.5 1.1 3.8
... 12.9 0.1 0.5 37.0
0.1 20.4 59.6 0.4 4.7
... 2.0 0.3 47.3 9.2
... 1.5 0.1 0.1 65.2
9
Total
1.7
2.3
0.0
0.2
0.3
0.8
0.1
0.1
0.3
5.2
...
100
100
100
100
100
100
100
100
100
100
100
%
0%
10
80
%
%
60
40
%
20
0%
%
20
%
%
40
%
60
10
80
0%
0
.5
−0
−1
.5
−1
−2
.5
−2
−3
.5
−3
−4
Oceania
Imports Profile:
Mineral fuels, lubricants and related
materials (SITC section 3) accounted for 24.5
percent of imports in 2010 (see table 2). Other
major commodity groups included machinery
and transport equipment (SITC section 7) and
manufactured goods classified chiefly by
material (SITC section 6) respectively with
23.4 percent and 17.3 percent of imports.
Over the last three years, top products for
imports were petroleum oils, other than
crude (HS code 2710), petroleum oils and oils
obtained from bituminous minerals, crude
(HS code 2709) and petroleum gases and
other gaseous hydrocarbons (HS code 2711)
(see table 5).
Table 5: Top 10 import commodities 2008 to 2010
(Value in million US$)
HS
code
4-digit heading of Harmonized System 2007
All Commodities............................................................................................................
2710 Petroleum oils, other than crude...................................................................................
2709 Petroleum oils and oils obtained from bituminous minerals, crude.............................
2711 Petroleum gases and other gaseous hydrocarbons......................................................
8703 Motor cars and other motor vehicles principally designed for the transport...............
8517 Electrical apparatus for line telephony or line telegraphy............................................
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06)..............................
7206 Iron and non-alloy steel in ingots or other primary forms.............................................
1005 Maize (corn)...................................................................................................................
3926 Other articles of plastics...............................................................................................
8536 Electrical apparatus for switching or protecting electrical circuits..............................
2008
Value (million US$)
2009
2010
16 352.9
2 141.3
1 241.5
774.3
551.2
404.9
326.7
396.9
258.0
193.7
279.1
Source: UN Comtrade
12 054.4
1 426.5
435.3
504.4
345.9
285.4
335.7
139.3
165.7
256.7
158.5
Unit value
2008 2009 2010
Unit
15 162.8
US$/kg
1 993.2 0.8 1.0
863.9 0.5 0.7 0.4 US$/kg
627.6
567.3
24.6 25.4 thsd US$/unit
387.1
360.6
190.9
1.2 0.9 US$/kg
236.4
0.2 US$/kg
186.8 10.2 11.6 11.2 US$/kg
175.3
SITC
code
334
333
343
781
764
542
672
044
893
772