Imports of the Dominican Republic

The Dominican Republic has actually enjoyed one of the strongest growth rates in Latin America and the Caribbean over the past 25 years. The Dominican Republic’s economy has largely rebounded from the global recession. It continues to be one of the fast growing economies in the region. Its top three trade partners include the US, China, and Haiti. As a tiny island nation, the Dominican Republic relies much more on imports than exports. In this post, we’ll take a deeper look at what the Dominican Republic imports. The Dominican Republic’s imports totaled US$17 billion. Of these, machines formed the majority with US$2.77 billion, or 16.3% of total imports. Mineral products such as petroleum oil and crude ranks second with US$2.47 billion, or 14.5% of total imports. In third place is foodstuffs with US$1.34 billion, or 7.9% of total imports.