According to the United Nations Economic Commission for Latin America and the Caribbean, the Dominican economy will grow by 5.1 percent in 2018 and remain as the largest economy in the Caribbean. The Dominican Republic holds vast opportunities for Florida companies interested in increasing their footprint in the region’s market. Facilitated by the U.S.-Central America Free Trade Agreement, the U.S. has become the chief trading partner for the Dominican Republic and exporters benefit from reduced tariffs and barriers.
Bilateral trade between the U.S. and the Dominican Republic totaled $12.5 billion in 2017, where Florida was the leading state for two-way trade. Florida exported approximately $3.0 billion in merchandise to the Dominican
Republic in 2017.
This Export Sales Mission will provide your company with an excellent opportunity to enter or expand your business in the Dominican Republic. The industry sectors listed below provide the best opportunities for exports from the U.S. to the Dominican Republic.