Dominican Republic Import Data
The Dominican Republic, located on the island of Hispaniola in the Caribbean region, is the second-largest nation in the Caribbean after Cuba. It shares its border with Haiti to the west and is surrounded by the Atlantic Ocean in the north and the Caribbean Sea in the south. The Dominican Republic has emerged as one of the fastest-growing economies in Latin America over the last decade. Known for its tourism and services sector, the country also plays a vital role in regional trade. According to Dominican Republic trade data, the country ranked 71st out of 226 nations in terms of total imports. In today's interconnected economy, imports are a critical component of growth, enabling the Dominican Republic to meet domestic demand, fuel industrial production, and expand its market diversity. Despite global challenges, Dominican Republic imports have steadily grown, reflecting a healthy demand across industrial and consumer segments.
As per Dominican Republic import data, the country imported goods worth a total of $32.70 billion in 2024. Compared to the previous year, imports rose by 4%. The Dominican Republic has a GDP of $124.28 billion, with imports accounting for nearly 21.2% of GDP. The country is also part of key trade agreements such as CAFTA-DR and WTO, which facilitate smoother access to global markets. The leading imports include mineral fuels, machinery, and vehicles, with the United States being the country’s largest import partner according to Dominican Republic customs data. Let us now explore the Dominican Republic import statistics for 2024 in detail.