Important products of dominican republic Dominican Republic Overview People Government - Politics Geography Environment & Climate Economy - Economy - Imports - Exports - Money and Currency - Natural Resources - Technology - Transportation - Economy Comparisons Unlock the ultimate rolling experience with our premium, 100% natural pre-cut tobacco leaves, sourced from our family-owned farm in the Dominican Republic. Dominican Republic Facts | People Jan 11, 2019 · The most significant challenge facing the Dominican farming sector is the fluctuation of global prices of agricultural products. 85%. Much of the population still lives in rural Feb 8, 2025 · Post may contain affiliate links; we may receive compensation if you click links to those products. 35 billion worth of products from the Dominican Republic in 2020. Dominican Republic exports for 2020 was $14. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future. Common imports include cereals, dairy products, meat, and processed foods. 8%. products have been mostly eliminated on manufactured goods, with the remainder scheduled for elimination by 2025. Sorted by Market Year (MY) 2024/2025. 98% and the Most Favored Nation (MFN) Weighted Average tariff is 8. Check current conditions in Dominica, Hato Major, Dominican Republic with radar, hourly, and more. Over 55% of the global banana market depends on Dominican Republic. The Dominican Republic is rich in mineral resources, with deposits of gold, silver, nickel, bauxite, and limestone, among We ship the Dominican products directly from Santiago, Dominican Republic, this confirms we are dealing with original and fresh items from this land. Dominican Republic: Share in global GDP adjusted for PPP 2029; Aug 20, 2024 · In a globalized world where everything seems just a click away, you might wonder: why is it important to buy products directly from the Dominican Republic? This article explores the advantages of purchasing Authentic Dominican snacks directly from their source and how it impacts the quality and authenticity of what you The minimum wage in the Dominican Republic ranges between 14,232 (222 EUR) and 25,116 (392 EUR) Dominican pesos per month and varies based on the business market value and the type of labour. 7 million in 2023 to USD 1,445. DOMINICAN REPUBLIC. The Dominican Republic provides tax incentives for investment in tourism, renewable energy, film production, Haiti-Dominican Republic border development, and the industrial sector. The Dominican Republic is an island nation located on the island of Hispaniola. With millions of tourists visiting the country each year, the money spent by international visitors helps to bolster foreign reserves, increasing the country’s financial stability and ability to engage in international trade. As a member of the Central American and Dominican Republic Free Trade Agreement (CAFTA-DR) since 2007, duties on imports of U. Despite having a robust agricultural sector, the country imports a variety of food products to satisfy the diverse tastes and preferences of its population. Aug 22, 2023 · The Dominican Republic is so much more than a resort destination. Aug 5, 2024 · Food and beverages are another major category of import products in the Dominican Republic. The trade growth is 4. " Chart. This may impact how offers are presented. Another primary natural resource in the Dominican Republic is livestock. Exports of wheat flour and products manufactured in the Dominican Republic to Haiti and other Caribbean markets remains strong. Top brands like Santo Domingo Coffee, Baldom, Maggi, Cafe Mama Ines, Hatuey, Guarina, Mistolin and more. Coffee is one of the most important agricultural products in the Dominican Republic, in a conversation in which I was involved a few days ago, I heard a person say that the city of Barahona produces the best coffee in the country and one of the best coffees in the world, with international fame. 57 USD Million from 1997 until 2024, reaching an all time high of 2966. Dominican Republic with population statistics, maps, charts, weather and web information. Jan 1, 2024 · In addition, there are over 250,000 U. Medical Instruments in the Dominican Republic,” accessed March 2024; World Bank, Free-Trade Zones in the Dominican Republic, an Engine for Competitiveness and Jobs, February 22, 2017. Aug 29, 2024 · Literacy rate in the Dominican Republic 2022; Unauthorized Dominican immigrants in the U. 40 USD Million in September from 2550. One of the most important festivals in the Dominican Republic is Carnival. 7% decline from 2019. Exports increased to US$11. 09B), and Crude Petroleum ($706M). 5% of everything exported last year, with Switzerland being the main destination for this product, which has allowed that country to displace Haiti as the second export market. 4 billion trade deficit for 2023, expanding by 10. exports of these products to the DR exceeded $1 billion, largely due to strong demand from foreign tourism and the retail sector. dollars to the Caribbean 3- Coffee, Polo De Barahona. Leading U. Free sale certificated issued by… The economy of Dominican Republic it's exports and custom graphs are provided. 80 USD Million in August of 2024. The Free Trade Zone Industrial Association (ADOZONA), which accounts for more than two-thirds of exports, is an important pillar of the country’s economy. The country is categorized as a developing, upper-middle-income nation and its economy is highly dependent on tourism, agriculture, mining, and trade. Emergency Operations Centre (COE) issued a flood warning to as many as 29 provinces with places such as Santo Domingo, San Cristóbal and Barahona likely to be affected the worst. Television shows from the United States and other media are widely available and popular. As a destination for nearshoring manufacturing, the Dominican Republic has a robust network of free trade zones with a near 100 percent exemption from all national The Dominican Republic is open to foreign trade and applies a liberal and open policy, with trade representing 54% of the country's GDP (World Bank, latest data available). Feb 24, 2020 · But, beautiful resorts aren’t the only things the country is known for. 185 billion. 43B, a 29. The country is often hailed as the world's leading producer of high-quality cigars. Although it may seem incredible, none of the above is correct because the coconut is not Dominican, and neither in the country Trust the pharmaceutical registration products to us, our body of lawyers specialists on pharmaceutical product registration will advise and register your products in the Dominican Republic in the shortest time, contact us now. Mining in the country began with the arrival of Spanish colonists on the island, who began to extract gold. Gold led the list, contributing over 1. Jan 17, 2022 · Biviana Riveiro Disla, executive director of the Dominican Republic Export and Investment Center (ProDominicana), reports that Dominican exports reached a new record in 2021. - The most important exported product by the Dominican Republic continues to be gold, reaching US$1. As a tiny island nation, the Dominican Republic relies much more on imports than exports. China, Haiti and Canada are also important trading partners. 6 billion in red ink one year earlier during 2022. Power granted to the distributor by manufacturer. 1 years, with the females slightly edging the males by a few months. Banana production is mainly done in the Northwestern provinces including Dajabon, Valverde, Santiago Rodriguez, and Monte Cristi; as well as the Southern areas of Barahona and Azua Aug 2, 2023 · If you’re planning a trip to the Dominican Republic, make sure to check out some of the country’s lively festivals and celebrations. The USA imported $5. 4% from the -$17. The main trading partner of the Dominican Republic are the USA. Its top three trade partners include the US, China, and Haiti. Main Exports from Dominican Republic 1. 14 percent). Total population of Dominican Republic 2029; "Most imported products to the Dominican Republic in 2021 (in million U. Nov 13, 2024 · Explore the comprehensive pharmaceutical regulations in the Dominican Republic, including the roles of key regulatory agencies such as DIGEMAPS and the Ministry of Health. Imports in Dominican Republic decreased to 2540. In 2019, the World Economic Forum’s Global Competitiveness Report ranked the Dominican Republic’s transport infrastructure as one of the highest in Latin America, highlighting its 12 ports, nine international airports, and more than 20,000km of Feb 8, 2025 · Dominican Republic Entry Requirements For US Travelers In 2025: Important Rules You Need To Know Dominican Republic had a total export of 9,836,347. US agricultural fishery and forestry exports to the Dominican Republic, meanwhile, totaled $1. Click on the headers for sorting. to 4. Much of the gold extracted in the world is Aug 29, 2024 · Value of exports of selected countries in 2022; Value of U. It has featured performances by many well-known musicians over the years, including multiple-time GRAMMY winner Esperanza Spalding, Chuck Mangione, David Sanchez, Ray Baretto, Nestor Torres, Chucho Valdes, and Arturo Aug 14, 2024 · Top Export Products of Dominican republic with export value and Year on Year growth comparison from Volza The Dominican Republic beauty and personal care products market is poised for slight advancement, with expectations of rising from USD 1,116. Feb 15, 2018 · <p>Santo Domingo. Merchandise Trade summary statistics for Dominican Republic (DOM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2021 Oct 3, 2024 · The Dominican Republic (DR) is the third-largest export market in the Western Hemisphere for U. 331%. 73 in thousands of US$ leading to a negative trade balance of -16,923,676. 4 Free trade zones in the Dominican Republic are similar in nature to foreign trade zones in the United States (which are also often called FTZs). 2 million dollars in 2022. Main air carriers in the Dominican Republic 2023, by international passenger traffic The most important statistics. Phone: 1 Dec 20, 2022 · The Dominican Republic Jazz Festival is an annual series of free concerts held on the North Coast of the Dominican Republic. Tourism revenue in the Dominican Republic Oct 25, 2024 · The gross domestic product (GDP) per capita in the Dominican Republic was forecast to continuously increase between 2024 and 2029 by in total 4,226 U. The Dominican Republic’s beauty and personal care market is witnessing growth, driven by rising disposable income United States-Dominican Republic Trade: In 2023, United States exported $12. 1. Introduction. The Dominican Republic racked up an overall -US$19. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. dollars (+36. Gold Aug 16, 2024 · Top Import Products of Dominican republic with import value and Year on Year growth comparison from Volza Jan 1, 2024 · U. The Dominican Republic’s major export growth has shifted away from its traditional products like raw sugar, green coffee, and cacao. Sep 30, 2020 · Situated in the capital city of Santo Domingo, this is an important port in the Dominican Republic. The data is compiled in the National Statistics Office (ONE) bulletin. The Dominican Republic faces challenges in managing its natural resources, including deforestation, water scarcity, and pollution, which threaten its ecosystems and biodiversity. citizens living in the Dominican Republic. Crops 5-yr Avg (2019-2023) (1000 Tons) 2023/24 (1000 Tons) Dominican Republic exports for 2023 was $25. However, it is important to ensure that the products are obtained legally and not made from endangered species. Jan 16, 2025 · Companies & Products reports. 3%. 29. The main products that United States exported to Dominican Republic were Refined Petroleum ($2. Organic production is now an important component of the agricultural sector. Calendar Beauty products Trade Shows in major cities of Dominican Republic The Dominican Republic’s extensive transport infrastructure is a major advantage for exporters. 48% increase from 2022. Dominican livestock farmers keep different types of animals such as cattle, poultry, and sheep. At present, 23 of the Sep 1, 2023 · in dominica we the people produce goods for example bananas,soap,brewery,dasheen,fig etc. All the activity of its ports is under the supervision of the official port authority of Dominican Republic. Sustainability of the Coconut Industry. Savor the taste of the Dominican Republic food, delivered to your doorstep in the USA. Gold represents 15. It is a beacon of history intrinsic to the post-colonial foundations of the Americas in the Western Hemisphere as we know it. Zona Colonial’s rich history dates back to its founding in 1496, this vibrant city has preserved its heritage in its historic center. The HRI sector continues to grow strongly, increasingly serving Dominicans as well as tourists. 7% of its agricultural land to organic production, second only to Uruguay in the region, and is the world’s largest producer of organic cocoa (30% of global production) and organic bananas (55%). In fact, the Dominican Republic is… Having multiple currency options provides flexibility during your trip to Punta Cana. 88% Aug 15, 2022 · <p>SANTO DOMINGO -The coconut is not native to the Dominican Republic, and neither do we have it in abundance in the country. 9 million by 2029, capturing a CAGR of 4. 34B), Petroleum Gas ($1. We will discuss the regulations and restrictions on bringing food items into the Dominican Republic , including what is allowed and what is prohibited. By law, a standard workweek is 44 hours, with a maximum of 8 hours per day. Other important export products of the Dominican Republic are the natural resources nickel, bauxite, gold and silver, as well as agricultural products such as sugar and coffee. 7 million dollars against 3,052. Feb 6, 2025 · Dominican Republic, country of the West Indies that occupies the eastern two-thirds of Hispaniola, the second largest island of the Greater Antilles chain in the Caribbean Sea. 67B, a 2. 8 billion in January-December 2021. 05B, a 22. Tourism is the Dominican Republic’s main industry and is responsible for a significant portion of the country’s GDP and employment. Jul 29, 2020 · However, the report stresses the important progress made in the agro-food sector: the Dominican Republic devotes 8. Mar 5, 2024 · Frequently Asked Questions about bringing items to the Dominican Republic 1. The Dominican Republic beauty and personal care products market is poised for slight advancement, with expectations of rising from USD 1,116. Below are exports from the Dominican Republic that result in negative net exports or product trade balance deficits. 50B, a 42. Port of Santo Domingo: Located in the capital city of Santo Domingo Feb 8, 2025 · Other Important Considerations for US Travelers to the Dominican Republic Travel Insurance: While not mandatory , comprehensive travel insurance is highly recommended for US travelers. 2B to Dominican Republic. 4% during the forecast period. S. These are products that tend to be co-exported with the products that Dominican Republic exports. 19% increase from 2021. Haiti, also an independent republic, occupies the western third of the island. Dec 20, 2022 · The Dominican Republic Jazz Festival is an annual series of free concerts held on the North Coast of the Dominican Republic. Address: Miramar, FL 33023 . The Dominican Republic also engages in trade with other countries, including neighboring Caribbean nations and international markets. franchises are present in the country. There were 3,005. 49 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Dominican Republic is 3. Agriculture is the second most important industry particularly in export earnings This network shows the products most related to the production structure of Dominican Republic. 80 USD Million in January of 2004. The most important statistics. By being aware of the various currencies accepted and considering exchange rate considerations, you can make informed decisions regarding your travel money and ensure a smooth and hassle-free experience while enjoying all that Punta Cana has to offer. merchandise trade with the Dominican Republic 2000-2010; United Kingdom (UK): Broad bean exports to non-EU countries 2002/03-2024 May 14, 2023 · <p>During the first quarter of 2023, the Dominican Republic exported US$46. Tobacco and Cigars. The Dominican Republic is ranked as the fourth largest economy in the Caribbean, and the third largest country in terms of population (behind Cuba and Haiti). The Dominican Republic has strict regulations when it comes to importing food, and it is important to be aware of these rules to avoid any issues at customs. 5 million less than in the same period last year. Understand the drug approval process, Good Manufacturing Practices (GMP), and post-marketing surveillance, which are essential for ensuring safe and effective medicines. 8 billion U. The Dominican Republic’s national-level ER program focuses on reducing forest emissions and enhancing removals to help local communities and areas important for agricultural production, water supply, and biodiversity. CONTACT US: 1-825-436-8028 whatsapp/phone In 2021, the top three most exported products from the Dominican Republic were gold, medical equipment, and cigars. Merchandise trade statistics data for Dominican Republic (DOM) exports, to partner countries including trade value, number of product exported, Partner Share, and share in total products for year 2021 Jun 25, 2024 · Facts about the Dominican Republic: A bunch of ripe bananas. In this post, we’ll take a deeper look at what the Dominican Republic imports. Imports in Dominican Republic averaged 1241. It can protect you against unforeseen events like medical emergencies, flight cancellations, lost luggage, and other travel-related issues. dollars). The country receives over 7 million visitors each year, who Jun 5, 2024 · The Dominican Business fraternity should look at india for exports ,india is a huge market for agro products such as mango & the quality & quantity of mango the dominican republic produce is very good & decent…also some indian companies export metal scrap from here which is a huge plus for the dominican economy & saves the fragile environment of the island country which heavily depends upon Shop Dominican Foods & Drinks Buy online the best Dominican products like Dominican coffees, Dominican desserts, Dominican seasonings & Dominican flag. Jan 30, 2025 · Dominican Republic: The Dominican Republic Moves Ahead with Measures to Protect Its Rice Industry from US Competition under CAFTA-DR On December 17, 2024, the Dominican Republic issued Decree 693-24, to limit rice imports into the country. Are there any restrictions on bringing cashmere or fur products into the Dominican Republic? There are no specific restrictions on bringing cashmere or fur products into the Dominican Republic for personal use. This is reflected in the moderation of the growth rate of the Dominican economy in the first three months of the year. 83 billion, representing a year-on-year growth of 20% and 17% compared to 2020 and 2019 respectively, according to data from the preliminary Current weather in Dominica, Hato Major, Dominican Republic. Shop the Best Dominican Snacks Online at Buy Dominican Snacks. 5 days ago · Dominican Republic Production. Oct 13, 2024 · Beauty products Trade Shows in Dominican Republic. Medical equipment accounted for 16% of total imports, cigars 14%, and electrical apparatus 13. In 2023, U. As a destination for nearshoring manufacturing, the Dominican Republic has a robust network of free trade zones with a near 100 percent exemption from all national Jan 1, 2024 · Currently, the major competitor in this group of products is the European Union. 3. The Dominican Republic is an upper-middle income [13] developing country with important sectors including mining, tourism, manufacturing (medical devices, electrical equipment, pharmaceuticals, and chemicals), energy, real estate, infrastructure Full of information about the Dominican Republic, real estate, buying process, community, government, weather, services & other important things to know about buying foreign property. Contemporary ideas of organic production were introduced into the Dominican Republic in the early 1980s, but it was not until the mid 1990s that production expanded. The most important food crops grown in the country are plantains, rice, and vegetables. 90 USD Million in June of 2022 and a record low of 324. The Dominican Republic produces a diverse range of crops, including both food and cash crops. Oct 2, 2024 · Companies & Products reports. One of the Dominican Republic's most renowned export products is its premium tobacco and cigars. Consorcio Cítricos Dominicanos is an Tropical Fruit processing plant, part of Grupo Rica, recognized as the largest producer of juices and dairy products from the Dominican Republic, one of the most important companies in the Caribbean region. Population Census (Cf) 2022-11-10; 1: Santo The report presents a detailed analysis of the Dominican Republic skin care products market, focusing on the performance of major companies between 2019 and 2023. Step into a world of indulgence with our luxurious Lotions Collection. 5 days ago · Dominican Republic - Culture, Music, Cuisine: The Dominican people share religious, linguistic, and historical traditions, but their society remains largely fragmented and individualistic, and their day-to-day experiences are commensurate to differences between their socioeconomic classes, ethnic groupings, and physical settings, among other factors. What are some unique products exported from the Dominican Republic? Jan 8, 2024 · Here, we explore some of the most popular export products that significantly contribute to the Dominican Republic's economy. The Dominican Republic, located on the island of Haiti in the Caribbean Sea, has several important ports that play a key role in the country’s economy, trade and tourism. The most exported products from the Dominican Republic to the United States are: Definition: This entry provides a country's ten most important agricultural products, listed by annual tonnage. Important updates waiting for you! To find The best of Dominican Republic. Consumer attitudes and brand preferences are similar to those in the United States, and many major U. Our Dominican culture and history have had an enormous impact globally. Most important export partners for Dominican Republic in 2022. Handpicked and crafted to perfection, each leaf delivers unmatched quality for those who seek the best. 12% increase from 2020. Mineral Resources in the Dominican Republic. Cocoa Beans Apr 30, 2019 · A farm in the Dominican Republic. However, it is often thought that it is, especially when you go through areas of Samaná or Nagua and see large plantations in elevated areas. In this article, we will look at the main ports of the Dominican Republic, their location and functions. Instead, there has been an increase in Get The Best Dominican Products in the US. Image credit – Pierre Janineh. Based on the estimates for 2011, the population growth is about 1. At the age of 18, she won the Miss Universe 2003 pageant, becoming the first ever Miss Universe from the Dominican Republic, as well as the youngest winner since 1994. Can I bring fresh fruits and vegetables into the Dominican Republic? Yes, you can bring fresh fruits and vegetables with you to the Dominican Republic. The national capital is Santo Domingo, on the southern coast. Participants at the “Tamo en Coco” Festival, December 2022, Image Credit: Presidencia de la Republica Dominicana. Our site does not include all offers available. Inspired by the natural beauty and vibrant culture of the Dominican Republic, each lotion is crafted to nourish your skin and tantalize your senses. As of November 2023, the inflation rate fell to 4. Over the past 5 years the exports of United States to Dominican Republic have increased at Lotion Collections. products and services enjoy a strong reputation for quality and are highly competitive, due in part to CAFTA-DR. 5 Dominican, “ In recent years, the Dominican Republic has seen a resurgence in economic growth, driven by increased foreign investment, tourism, and manufacturing. The port is located on the river Rio Ozama which flows into the city of Santo Domingo. Located close to the Rio Haina harbour, it deals with sugar, fruits, coffee, and other local products. However, there are some restrictions on certain fruits and vegetables due to the risk of pests or diseases. consumer-oriented products. Dominican Republic Agricultural Production Statistics (Source: US Department of Agriculture) HS4 Code Product label Exported value in 2019 Exported value in 2020 Exported value in 2021 Exported value in 2022 Exported value in 2023; TOTAL: All products Feb 28, 2024 · Amelia Vega is a Dominican model, actress, author, singer, and beauty queen. products for distribution in hotels and restaurants include pork, premium red meat cuts, poultry parts, cheeses, wine, frozen potatoes and vegetables, fresh Feb 20, 2018 · The United States remains the main importer of Dominican Republic’s exports, and if positive growth expectations are met, the growth of the US economy as the Dominican Republic’s main trading partner will lead to growth for the Dominican Republic itself. Discover authentic dominican groceries: chips, candies, coffee, drinks, seasonings, chocolates. In 2015, the Dominican Republic’s imports The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. Within the business, it is also important to note that the coconut is both efficient and sustainable. January 18, 2023 Aug 29, 2017 · It continues to be one of the fast growing economies in the region. Can I track my package? Yes, just when we ship your product we send you an email instantly letting you know about the tracking information so you know exactly where your item is at any moment. Overexposed to external shocks. 1990-2014; Pan American Games: number of Dominican athletes 2019, by gender The Dominican Republic is estimated to import 530,000 MT of wheat during Marketing Year 2018/19 (July 2018/ June 2019), a decrease from the 535,000 MT imported during MY 2017/18. Jun 15, 2023 · In the Americas, the oldest continuously inhabited European city is the capital city, Santo Domingo. :: People of Dominican Republic :: The population of the Dominican Republic is around 9,956,648 according to the July 2011 estimates, with a median age of 26. Dec 11, 2023 · It’s important to note that tourism has a positive impact on the foreign exchange earnings of the Dominican Republic. The cash crops include coffee, cocoa, bananas, pineapples, and sugar. Dominican Republic exports for 2021 was $20. Products Causing Dominican Republic’s Largest Trade Deficits. Jun 22, 2024 · The United States is the Dominican Republic’s main trading partner, accounting for over 65 percent of total trade. The Dominican Republic is the the leading exporter of several agricultural and manufactured products. Major Cities Name Adm. See Also. Livestock . Learn about the penalties for non-compliance and the Jan 18, 2024 · 10. - The Dominican Republic has the Greater Antilles’ largest mineral deposits which attract local and multinationals alike in the search for gold, silver, copper, zinc, nickel and bauxite, as well as non-metallics, used in construction and jewelry. Feb 10, 2022 · <p>Santo Domingo. Dominican Republic was the number 62 economy in the world in terms of GDP, the number 84 in total exports, the number 67 in total imports, and the number 63 most complex economy according to the Economic Complexity Index (ECI). Nov 7, 2024 · Heavy rainfall has caused flooding in many provinces of the Dominican Republic due to the influence of a weather trough and the indirect effects of Tropical Storm Rafael. Dominican Republic: agricultural sector's contribution to GDP 2010-2020, by subsector Dominican Republic: milled rice production 2017-2021 Dominican Republic: avocado planted area 2015-2018 Mar 28, 2014 · The Dominican Republic is the third largest market for US consumer oriented agricultural products in the Western Hemisphere, after Canada and Mexico respectively, with US$489 million in imports in 2013. Jun 16, 2023 · Major Crops: Food and Cash Crops. Apr 13, 2023 · This project will in turn benefit coconut farmers and the Dominican Republic as a whole. Dominican Republic exports for 2022 was $25. Requirements for Pharmaceutical Product Registration In Dominican Republic 1. Dominican Jewelry Larimar & Amber, souvenirs, Handmade Dominican Crafts. Dominicans love to celebrate, and their festivities are a great way to experience the country’s culture and traditions. 24 in thousands of US$ and total imports of 26,760,023. Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021. 2. hdwm axbyya idd owdcbt qxs hkd gikh gyf atydl bifhp zul ccnq mak jgfahx pgn