2018 closed with a trade deficit of US$11.11 billion. In 2017, the trade deficit was already a high US$9.18 billion. The data was compiled by the Programa de Estudios del Desarrollo Dominicano (PED), under the Centro de Estudios Económicos y Sociales P. José Luis Alemán SJ of the Pontificia Universidad Católica Madre y Maestra (PUCMM), the largest Dominican private university. The program is directed by social anthropologist Fernando Ferrán.
Global trade was US$30,065 million in 2018. This included US$9,473.9 million in exports and US$20,591.1 million in imports.
Barómetro de Comercio Internacional (BCI) newsletter of the PED explains duty free zones were the most dynamic exporters, with US$5,757 million, or 61% of the total. These posted increases in exports of 9% compared to 2017.
Imports, on the other hand, were up 17.7%, according to data compiled by the Customs Agency (DGA).
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El Dinero
28 February 2019