Dominican Republic

Location: Caribbean

Flag of Dominican Republic  Location of Dominican Republic

 

Population: 10,088,000 (Estimate July 2012)

Language(s): Spanish (official)

Currency:   Dominican Peso DOP

GDP: $93.2 billion (estimated 2011)

 

Top Import Commodities:

  • Chemicals
  • Pharmaceuticals
  • Fabrics
  • Foodstuff
  • Petroleum

 

US 44%; Venezuela 7%; China 6.1%; Mexico 4.9%; Colombia 4.8%

Other Information:

  • CAFTA-DR Free Trade Agreement
  • 70% of good imported into Dom. Rep come from the US
  • Spanish is the main business language
  • Over 79% of imported products are duty free
  • Strong Tourism sector and construction
  • 7 International Airports