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View Full Version : Imports triple exports



NewsWhore
05-06-2011, 04:40 PM
Dominican exports were up 12.6% last year, but imports increased by 37%. The trade deficit closed at US$9.86 billion, as reported by the National Statistics Office (ONE).

Imports of petrol products were up 18.88% in 2010 compared to 2009. The DR petrol bill was US$3.15 billion, while the bill in 2009 was US$2.65 billion.

59.39% of exports were to DR-CAFTA signatory countries n the US and Central America. The European Union countries imported 11.27% of Dominican products, Caricom (English-speaking Caribbean) 18.54%, and ALADI (South America) 3.47%. ASEAN (Asia) countries imported 0.64%.

Most Dominican Republic trade was with the United States, China and Venezuela, with 56.8% of imports.

Most exports were to the US and Haiti with 73.3%, as reported in El Caribe.

The statistical report will be available to the general public from ONE as of 18 May.

More... (http://www.dr1.com/index.html#4)