On this page you will find beneficial information regarding foreign direct investment in / trading with Dominican Republic. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Democratic Republic
Population: 11.12 million (2021)
GDP: 94.24 billion USD (2021)
Corporate Tax Rate: 27%
Personal Income Tax Rate: 0% - 25%
Major Exports: Gold ($1.78B), Medical Instruments ($1.48B), Rolled Tobacco ($1.13B), Low-voltage Protection Equipment ($867M), and Ferroalloys ($460M), exporting mostly to United States ($6.61B), Haiti ($955M), Switzerland ($937M), India ($693M), and Netherlands ($396M).
Major Imports: Refined Petroleum ($1.38B), Cars ($1.03B), Petroleum Gas ($964M), Jewellery ($727M), and Vaccines, blood, antisera, toxins and cultures ($503M), importing mostly from United States ($10.3B), China ($4.6B), Spain ($717M), Brazil ($624M), and Mexico ($619M).
Investment Agency: Center for Exports and Investment of the Dominican Republic
National Chamber of Commerce: Cámara de Comercio y Producción de Santo Domingo
Customs Agency: Dirección General de Aduanas (DGA)