MIAMI.- U.S. trade with the Dominican Republic grew by 8.3 percent in the first half of the year, reaching $5.3 billion. The growth was due to U.S. exports increasing by 17.8 percent, which helped offset a 4.7 percent decline in U.S. imports from the Dominican Republic, according to a Latin Business Chronicle analysis of trade data from the US Census Bureau for the first half of the year.
US exports to the Dominican Republic reached $3.3 billion, while imports from the Dominican Republic ended up at $2.0 billion. The Dominican Republic was one of only three countries in Latin America that posted a decline in its exports to the U.S. market during the first six months this year, according to the analysis.
The Dominican Republic remains the largest U.S. trading partner in the CAFTA trade group and the country is the seventh-largest export market in Latin America for US goods - ahead of larger economies like Peru and Ecuador.
All in all, U.S. trade with Latin America reached $318.9 billion in the first half of 2008, an increase of 19.7 percent from the same period last year, according to the Latin Business Chronicle analysis. That means U.S. trade with the region is picking up. By comparison, total trade last year only grew by 6.2 percent.
Full story at www.latinbusinesschronicle.com
From: United States
So we are $1.3 billion in the RED vis-a-vis the US. What about the overall BALANCE of TRADE vis-a-vis the REST of the WORLD? Who writes this stuff? Ray Charles?
Written by: gaddis, 18 Aug 2008 5:37 PM
From: Dominican Republic
Of course, corrupt, parasitic, and rotten elements of the Dominican bourgeoisie will try to sneak into the trade deal and steal everything in sight whether or not it's nailed down.
In addition to the sabotage of the corrupt, parasitic, and rotten elements of the Dominican bourgeoisie, the bourgeois state in the Santo Domingo must watch out for the sabotage of comprador elements of the Dominican bourgeoisie.
Compradors are more dangerous than the corrupt, parasitic, and rotten elements of the Dominican bourgeoisie.
ooooo
I read that somewhere..
This balance of trade problem is a result of the failure of my Papaya plantation. My farm was attacked by a virus which destroyed the entire crop; Sorry..
From: Cuba, it is a secret the censors are looking for me
US trade with Latin America was 319 billion dollars....... US trade with Canada 519 billion dollars now thats trading
From: Cuba, it is a secret the censors are looking for me
Gaddis sorry about the virus
From: United States
Herr Doktor Johann .. we need to move that Hadron Particle Accelerator to Santo Domingo .. that will change the BALANCE OF TRADE .. Jawohl Herr Doktor Johann?
From: Cuba, it is a secret the censors are looking for me
good thinking 99
From: United States
Herr Doktor Johann .. the Hadron Particle Accelerator costs €6.4 billion .. we strip the darned thing down .. sell the parts to junk yards .. that would double the return to €12.8 billion .. problem solved. QED. Jawohl Herr Doktor Johann?
From: Cuba, it is a secret the censors are looking for me
and lets get some jumbos and go to the beach
From: United States
Herr Doktor Johann .. the beaches down here are heavily polluted .. I don't even want to tell you what I found .. all that Ozama River filth spreads itself for miles arround .. it is so bad that I take my family all the way to Caribbean Sun .. near Guayacannes. Jawohl Herr Doktor Johann?
From: Cuba, it is a secret the censors are looking for me
you can buy me a bottle of Lafite at Deli Swiss then
From: United States
Herr Doktor Johann .. how about a bottle of strichnine and a basket full of poisonous rattlers .. turn you into an Episcopalian .. Jawohl Herr Doktor?
Written by: gaddis, 18 Aug 2008 6:46 PM
From: Dominican Republic
Goulish...
Your Hadron Particle Accelerator will be stripped down to elemental wire and on a slow boat to China within hours. Thereby raising the already skyrocketing trade imbalance.
Send something cheaper...
From: United States
Those Chinese are impossible .. like a fearsome gargantuan beast .. devouring oil .. iron ore .. coal .. scrap metal .. with a vengeance. Turning it all into cheap and shoddy goods for WALMART.
Written by: anthonyC, 18 Aug 2008 7:57 PM
From: United States
"Written by: GhouliiishColon, 18 Aug 2008 6:59 PM
From: United States
Those Chinese are impossible .. like a fearsome gargantuan beast .. devouring oil .. iron ore .. coal .. scrap metal .. with a vengeance. Turning it all into cheap and shoddy goods for WALMART. "
And Target, Macys, Bloomindales, Saks, Harrods....and anyone else who sells mass quantities. Stop blaming Walmart.
From: United States
ok .. target.. macys .. bloomingdales .. saks .. sears .. jc penney .. harrods .. kmart .. dollar stores .. the list is endless.
From: Cuba, it is a secret the censors are looking for me
the Chevys go to Walmart.... the Mercedes go to Costco....just look in the parking lot its true
From: United States
i am encouraged. i feel invigorated. we are getting somewhere, albeit slowly. why do i feel so spry, you ask? well, i will tell you. the forum is working to educate people. not so long ago, when trade figures were announced, certain cheerleader types would jump with glee, declaring us to be flying over the moon with success. didn't matter to them that the balance of trade in favor of the USA and other trading partners was in a state of distressing disequilibrium.they just saw a big number, a composite figure, and the celebration was on. with the passage of time, their enthusiasm seems to have been tempered by understanding of the numbers, because posters who understand these issues have been educating them. so , DT, you are serving a useful purpose, at least for those who have the wherewithal to understand.
From: Cuba, it is a secret the censors are looking for me
Dread is that a left handed swipe at CAFTA because if it is ......save your breath CAFTA is the best hope for this country.....remember the wheelbarrow...it is agriculture that is the future
From: United States
it most certainly is not. it is a right handed swipe at those who are too impatient to analyse things before they start with the fanfare and trumpets. i am not in a position to make a proper assessment of CAFTA vis a vis the DR, because of its short tenure to this point. and i agree with you 100% about agriculture. on that issue, you are preaching to the choir. i have worn out my keyboard speaking about value added agriculture as the savior. i have some ideas i would like to pass on to you on this subject. i will not put them in the comments, because two weeks from now some dude will be starting them up.
From: Cuba, it is a secret the censors are looking for me
I did some exporting of the old style pineapple and tomatoes peppers and melons to the USVI a few years ago .....Quality control was lacking but I am sure things have improved since then
From: United States
that was then , GC. now, instead of exporting pineapples, we should be exporting pineapple preserves. similarly, pepper sauce, etc. value added, value added value added. say after me, value added....
From: United States
gc, i have one word for you : aquaculture. we will speak on this.
From: Cuba, it is a secret the censors are looking for me
you are correct ...the packaging is most important
From: United States
Hey you Haitian hating Dominicans dou you KOW,why we Dominicans dont like you?
From: United States
whaa? carbelk, would you do us all a favor and try to restrain your dog from playing with your computer?
Smaller
Bigger
Close Gallery
Facebook
Digg this
del.icio.us
Technorati
Yahoo
In addition to the sabotage of the corrupt, parasitic, and rotten elements of the Dominican bourgeoisie, the bourgeois state in the Santo Domingo must watch out for the sabotage of comprador elements of the Dominican bourgeoisie.
Compradors are more dangerous than the corrupt, parasitic, and rotten elements of the Dominican bourgeoisie.
ooooo
I read that somewhere..
This balance of trade problem is a result of the failure of my Papaya plantation. My farm was attacked by a virus which destroyed the entire crop; Sorry..
Goulish...
Your Hadron Particle Accelerator will be stripped down to elemental wire and on a slow boat to China within hours. Thereby raising the already skyrocketing trade imbalance.
Send something cheaper...
From: United States
Those Chinese are impossible .. like a fearsome gargantuan beast .. devouring oil .. iron ore .. coal .. scrap metal .. with a vengeance. Turning it all into cheap and shoddy goods for WALMART. "
And Target, Macys, Bloomindales, Saks, Harrods....and anyone else who sells mass quantities. Stop blaming Walmart.