The Dominican Republic imports Spanish products worth US$300 million a year, and Dominican goods exported to Spain are valued at US$20 million. The discrepancy is compensated by service exports, such as tourism to the DR. 135,000 Spaniards visited last year.
According to a report in Hoy, the Dominican Republic is the third largest buyer of Spanish goods in Latin America.
The Dominican Republic is a major consumer of ceramics, food products, kitchen appliances and office furniture, while its exports include tobacco, coffee, cacao, rum and handcrafts.