2008News

Deficit with US doubles

The trade deficit with the US has doubled. According to Department of Commerce statistics, during the first five months of the year Dominican exports to the US fell by US$94 million, while purchases were up US$500 million. Hoy reports that this means the trade deficit with the US doubled from January to May 2008. Exports to the US were US$1.6 billion, while imports totaled US$2.8 billion.