Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate under DR-CAFTA
0%
Applicable to qualifying goods from the United States under the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA). Must meet rules of origin and documentation requirements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Exports of Centrifugal Dryer Machines from US to Dominican Republic
Recent trade data indicates a significant rise in the export of other machines with built-in centrifugal dryers (HS Code: 842119) from the United States to the Dominican Republic, driven by growing industrial demand.
2023-10-15
Impact: This surge is likely to strengthen trade ties and boost US manufacturing sectors catering to industrial equipment, potentially increasing bilateral trade volume by 15% in this category.
Dominican Republic Implements New Import Standards for Industrial Machinery
The Dominican Republic has introduced stricter quality and safety standards for imported industrial machinery, including centrifugal dryer machines, affecting US exporters.
2023-09-20
Impact: US exporters may face delays or additional compliance costs, potentially reducing short-term export volumes until manufacturers adapt to the new regulations.
During recent bilateral trade discussions, both countries emphasized the importance of the machinery sector, including centrifugal dryer machines, as a key area for cooperation under the DR-CAFTA agreement.
2023-08-05
Impact: These talks could lead to reduced trade barriers and increased market access for US exporters, fostering growth in this niche sector.
Policy Updates
Update to DR-CAFTA Tariff Schedule for Industrial Machinery
The Dominican Republic updated its tariff schedule under the DR-CAFTA agreement, maintaining duty-free status for other machines with built-in centrifugal dryers (HS Code: 842119) imported from the United States, ensuring continued favorable trade conditions.
Date: 2023-09-01
New US Export Compliance Requirements for Machinery
The US Department of Commerce introduced updated export compliance requirements for industrial machinery, including centrifugal dryer machines, mandating additional documentation for shipments to the Dominican Republic to ensure adherence to international standards.
