Today: February 24, 2026
February 24, 2026
1 min read

The United States and China account for 57.7% of the DR’s trade deficit

The United States and China account for 57.7% of the DR's trade deficit

United States and China They represented the 57.7% of the trade deficit of the country during the three-year period 2023-2025, stated economist Luis Vargas.

The trade deficit with the United States amounted to US$14,477 million, while with China it was US$14,333 million.

During the aforementioned period, the global trade deficit of the Dominican economy amounted to US$49,898 millionthe result of imports for a total of US$89,406 million and exports that totaled US$39,508 million.

In an article published by the Father José Luis Alemán Center for Economic and Social Studies, of the Pontificia Universidad Católica Madre y Maestra (Pucmm), Vargas said that starting in 2024, China dethroned the United States as the main deficit partner, because the Dominican-Chinese market registered a negative balance of US$4,879 milliona figure higher than that accredited in Dominican-American trade, which reached US$4,644 million.

On the other hand, between 2023 and 2025, the Dominican economy registered a trade surplus with several nations, highlighting Haiti (US$2,938 million), Puerto Rico (US$1,411 million), Switzerland (US$1,312 million), India (US$1,300 million) and the Netherlands (US$2,294 million).

In the case of trade between the country and Haiti, during that three-year period, the country exported goods worth US$2,972 millioncompared to the imported amount of just US$34 million, he noted.

He pointed out that, between 2024 and 2025, Dominican national exports to Haiti amounted to US$282 million (+50.81%), going from US$555 million to US$837 million.

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Cabello: those who celebrated on January 3 are the same ones defeated on 23F
Previous Story

Cabello: those who celebrated on January 3 are the same ones defeated on 23F

US oil siege slows UN aid after Hurricane Melissa
Next Story

US oil siege slows UN aid after Hurricane Melissa

Latest from Blog

Energy service began to be restored gradually

Energy service began to be restored gradually

Santo Domingo.-The energy service was gradually restored after a powerful blackout occurred for several hours and about which the authorities are investigating whether criminal hands were behind it or it was a
Go toTop