Dominican Republic
South & Central America and the Caribbean
Trade in Dominican Republic
The Dominican Republic was the world’s 95th largest exporter of goods and 64th largest exporter of commercial services in 2022. Export values were $13.78 billion and $11.33 billion USD respectively. The Dominican Republic’s top export category was Manufactures, followed by Agricultural products, and Machinery and transport equipment. In 2022, The Dominican Republic’s main export destination markets for goods and services trade were to United States, Switzerland and Haiti, with trade representing 54.23 per cent of GDP. In terms of imports, The Dominican Republic is the world’s 71st largest importer of goods and 80th largest importer of commercial services. Import values were $30.74 billion and $5.62 billion USD respectively in 2022. The Dominican Republic’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were United States, China and Mexico. The Dominican Republic is part of 5 different Regional Trade Agreements, including Dominican Republic – Central America and Dominican Republic – Central America – United States Free Trade Agreement (CAFTA-DR). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Dominican Republic |
Abbreviation |
DO |
Capital |
Santo Domingo |
WTO Membership Date |
9 March 1995 |
Legal System |
civil law system based on the French civil code; Criminal Procedures Code modified in 2004 to include important elements of an accusatory system |
Language |
Spanish |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Dominican peso |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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