United States to Dominican Republic Trade Analysis
for Comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined
Detailed tariff information for Comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined imports
Comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined Tariff Rate
USD 12.5 billion (total trade between US and Dominican Republic)
Year
2022
Trend
Increasing, with a growth of approximately 10% year-over-year due to strengthened trade ties under DR-CAFTA.
Special Rates
Preferential Rate
0%
Applicable under DR-CAFTA for qualifying goods originating from the United States with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Exports of Computer Systems from Dominican Republic to the US
Recent trade data indicates a significant rise in exports of computer systems (HS Code: 8471) from the Dominican Republic to the United States, driven by enhanced production capabilities in the Dominican free trade zones.
October 15, 2023
Impact: This surge is likely to strengthen bilateral trade relations and boost the Dominican Republic's economy, while providing the US with cost-effective technology solutions.
Under the DR-CAFTA agreement, the United States has seen a steady increase in imports of combined CPU and I/O units (HS Code: 8471) from the Dominican Republic, benefiting from reduced tariffs.
September 20, 2023
Impact: The tariff reductions are encouraging US companies to source more tech hardware from the Dominican Republic, potentially increasing trade volume in this category.
Supply Chain Improvements Enhance Dominican Tech Exports to US
Logistical advancements in the Dominican Republic have streamlined the export process for computer systems (HS Code: 8471) to the United States, reducing delivery times and costs.
August 5, 2023
Impact: Improved supply chain efficiency could lead to higher demand for Dominican tech products in the US market, fostering deeper trade ties.
Policy Updates
DR-CAFTA Tariff Adjustments for Tech Products
The US and Dominican Republic have agreed to further reduce tariffs on computer systems and related equipment (HS Code: 8471) under the DR-CAFTA framework, aiming to promote tech trade.
Date: July 1, 2023
US Customs Streamlines Import Procedures for Dominican Tech Goods
US Customs and Border Protection has updated import protocols to expedite clearance of computer systems (HS Code: 8471) from the Dominican Republic, reducing delays at ports of entry.
