WHY DO BUSINESS WITH THE DOMINICAN REPUBLIC?
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Transcript WHY DO BUSINESS WITH THE DOMINICAN REPUBLIC?
DOMINICAN REPUBLIC AT A GLANCE
Capital: Santo Domingo
Population: ~ 9.9 Million
Area: 48,700 Km2
Climate: Tropical(Avg. 25.4˚C / 77.7˚ C)
Government: Presidential Republic
President: Lic. Danilo Medina (2012-2016)
Internet TLD: .do
Labor Force: 5.0 Million
GDP: US$ 64 Million
GDP per cápita: US$6,480.9
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FDI 2015: US$2,208.5
WHY DO BUSINESS WITH THE DOMINICAN REPUBLIC?
DOMINICAN PRODUCTS IN THE WORLD RANKING
9
#1
Exporter of Sugar Cane to Spain
#1
Exporter of Cigars to the USA
#1
Exporter of Rum to Chile
#2
Exporter of Cocoa to LAC
#3
Exporter of Rum to The Netherlands
#4
Exporter of Pepper to the USA
#4
Exporter of Avocados to the USA
#5
Exporter of Cocoa Beans to Japan
#5
Exporter of Rum worldwide
AGRIBUSINESS
The Dominican Republic, a nation of many gifts, is ideal for farming and exporting its produce 365 days a year. To
name a few, we can mention, its excellent geographic location, its temperate climate, which is ideal for the
production of a great variety of agricultural products; the continued improvement in expediting commercial flow
through local customs; our advanced sea and air transport infrastructure; a favorable legal framework of incentives
for exports and preferential access through our free trade accords; creating over 58,000 direct jobs and market
opportunity for over 150,000 agricultural producers. Several Dominican products are currently world market leaders in
regards to their production and exports; we are the number one cigar exporter in the world, the main exporter of rum
to Spain, and the second largest cocoa exporter in Latin America. This data confirms that when dealing with
agribusiness products, DR Exports is the right place to be.
Pineapple
Banana
Mango
Coffee
Tobacco (in all its variations)
Cocoa and its derivatives
Green and bell peppers
Rum
Beer
Avocadoes
Cassava bread
…and many more!
HEALTH & BEAUTY
The Dominican Republic is one of the principal suppliers of dental floss, pacemakers, and various disposable items, as
well as I.V. solutions, among others used by hospitals in the United States. This is possible due to a skilled work force at
competitive costs and an efficient logistics infrastructure which allows for fast and reliable shipment of cargo to the
American, European, Central American, and Caribbean markets, generating US$1.281 Billion in exports of medical
and pharmaceutical products during 2014.
Medical devices
Blood transfusion kits
Hair products
Toothpaste
CONSTRUCTION
The construction sector is one of the most dynamic in the Dominican Economy. We are regional leaders with the
least time and cost for exports, thanks to our advanced transport services which facilitate foreign trade.
A complete range of construction products, from White Cement, Coral Stones, Steel Wire, Portland cement, to Iron
and Steel bars, contributed US$247 million out of the total Free Zones exports in 2014. Our products predominate in
the Caribbean and Latin American markets; it is in countries like Colombia, Haiti, Venezuela, and Jamaica, where
the Dominican Republic is the preferred construction materials supplier.
Steel reinforcing rods
Portland cement
PVC pipes
Coralline stone
MANUFACTURING
The Dominican Republic offers this sector many advantages for its development and manufacturing activities, such
as, skilled labor at competitive costs, a modern infrastructure and preferential access to the markets of the United
States, Europe, Central America and the Caribbean.
The Textile, Apparel, and Shoe markets, contributed US$1.7 Billion of the total Free Zone exports in 2014. This was due
to the fact that the country relies on internationally recognized companies which have chosen us as their
manufacturing and sales base for a whole range of products.
Textiles (shirts, underwear)
Footwear
Plastic (disposable cutlery, disposable bottles, disposable tableware, plastic caps, plastic waste)
Corrugated cardboard
Industrial labels
TECHNOLOGY
The Dominican Republic is considered one of the primary destinations for the contact center industry in the Caribbean
region, since it has a well developed telecommunications infrastructure, a strategic geographic location, and the
availability of human resources for the industry who aremotivated, flexible and committed to excellence and quality.
Additionally, there are abundant human resources with experience in platforms and internationally known programming
languages, among which we can mention, Java, .NET, XML, C#, C++, PHP, HTML, Centura, Delfis, Open System, AS/400,
ILE/RPG 400 and Delphos.
According to the most recent publication of the 2015 English proficiency Index (EPI), created by Education First, UK, we
placed 2ndamong Latin American countries in relation to proficiencyin English as a second language.
Software development
Call centers
ARTISANAL PRODUCTS
Thanks to the country’s geology, and having been host to the oldest mining industry in America, the Dominican Republic
relies upon mining resources such as Larimar and Amber.
The uniqueness of our Larimar gives it a singular personality, since this particular variety of the mineral, colored with its hues
of blue, can be found nowhere else on the planet. Both Larimar as well as Amber have become a part of our Dominican
identity. Their beauty makes them an ideal material for the creation of jewelry.
The artisanal history of the Dominican Republic dates back to the Taino Indians. Today’s, artisanal products, are the result
of the marriage between popular creativity, the utilitarian and the beautiful, they are decorative objects that contribute to
divulge popular art and to reinforce the National Identity.
Craftworks
Larimar and ambar jewlery
Contact us, we are at your service