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The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. 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 ...
With the addition of the Dominican Republic, the trade group's largest economy, the region covered by CAFTA-DR is the second-largest Latin American export market for U.S. producers, behind only Mexico, buying $29 billion (~$36.4 billion in 2023) of goods in 2015. Two-way trade amounted to about $50 billion in the same year.
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
Exports from the United States, including those from Puerto Rico and the U.S. Virgin Islands, to the Dominican Republic in 2005 totaled $5.3 billion, up 11% from the previous year. The Dominican Republic exported $4.5 billion to the United States in 2006, equaling some 75% of its export revenues.
Location of the Dominican Republic. The Dominican Republic is a sovereign state occupying the eastern five-eighths of the island of Hispaniola, in the Greater Antilles archipelago in the Caribbean region. The country has the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region.
For most economies worldwide, their leading export and import trading partners in terms of value are typically the United States, the European Union (EU) or China. Emerging markets such as Russia, Brazil, India, South Africa, Saudi Arabia, the UAE, Turkey, and Iran are becoming increasingly important as major markets or source countries in various regions.
Presidente is a brand of Pilsner beer that is owned and produced by Cervecería Nacional Dominicana (CND) at several breweries in the Dominican Republic. [1] In addition to domestic consumption in the Dominican Republic, Presidente is exported to the United States, Panama, Honduras, Spain, Germany, Switzerland, Italy, Andorra, Aruba, Cuba, Curaçao, Antigua, Belize, Martinique, Guadeloupe ...
Historically, the Caribbean's banana industry has been one of the biggest exports; however, agriculture is beginning to decline in the world economy. Now, it is the exportation of labor that is on the rise in the Caribbean. Caribbean women are migrating to developed countries for the opportunity to study particularly in nursing programs.