Trade with Commonwealth countries increased to US$ 2,108Mn in 2021

• The president of the Dominican Republic’s Commonwealth Countries Roundtable, Fernando González Nicolás, said that in 2021 local trade with the 54 countries that make up the Commonwealth increased to US$2.108 billion. 
• González Nicolás added that the exchange increased by 11% compared to the 1,904 million dollars achieved in 2020. He stressed that bilateral trade relations with these nations were balanced and healthy for both parties because the volumes of exports were very similar to imports. In 2021, Dom Rep exported to the Commonwealth countries $1,044Mn, while it imported from a total of 1,063 million dollars from these Common Wealth countries. 
• The main destinations for exports of Dominican products to these nations were, in the first place, India with a total of $665Mn this year; followed by Great Britain, with $80Mn; Jamaica, $77Mn; Canada, with $49 Mn; and in fifth place, Trinidad and Tobago, with $34Mn.  
• González Nicolás projects that, for 2022, exports to Commonwealth countries and investments from these countries to the Dominican Republic will continue to increase.

 

(Source: Dominican Today)