Dominican Republic seeks to increase exports to Mexico by 69%

Biviana Riveiro Disla, Executive Director of the Export and Investment Center of the Dominican Republic (ProDominicana), together with a Mexican trade delegation, explored sectors with potential for new investments and purchasing opportunities for Dominican exports.

Julio Rodríguez Trigueros, director of the Dominican-Mexican Chamber of Commerce CABIMEX-RD and Executive Director of the Mexico-Dominican Republic Binational Chamber led the visit. The objective is to explore the conditions of the country to receive a trade mission of Mexican companies.

Riveiro said: “Mexico is our second largest trading partner. The relationship we have had for years is now strengthened by a vision of long-term exchange, so that it becomes a win-win relationship for our exporters and Mexican investors”.

For his part, Rodriguez Triguero said: “There is a great business opportunity between Mexican and Dominican companies. Investments have a lot of potential, both because of the incentives and the sectors that are becoming more dynamic”.

It is worth noting that in the last six years, trade between the Dominican Republic and Mexico amounted to US$ 6,139.0 million. At the same time, the Dominican goal is to reach US$82 million from exports to Mexico over the next four years.

Similarly, Mexican investment in the country amounted to US$1,229.1 million, between 2015 and September 2021. The main sectors receiving FDI were real estate, commerce and industry.

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