Santo Domingo.- Trade between Dominican Republic and Florida in 2011 topped US$5.5 billion, a 11.7% jump compared with 2010, according to that State’s Economic Development Organization.
The figure makes Dominican Republic Florida’s 7th biggest global trading partner. Of the total, Florida exported US$3.2 billion to Dominican Republic, which in turn exported US$2.3 to Florida, for a 19.7% rise compared with 2010.
Among the Caribbean country’s items posting the highest growth in percentage figure gold, men’s and boys shirts and fresh or refrigerated vegetables.
The numbers are in a statement emailed Thursday by the American Chamber of Commerce of the Dominican Republic (AMCHAMDR), which notes that Florida’s exports increased only 6.7% compared with 2010, and include semi-finished metals, animal hides and fertilizers. “Given the importance of these business relationships and in order to facilitate new business opportunities for Dominican entrepreneurs, the AMCHAMDR and the U.S. Embassy Commercial Service organized the trade mission to Florida from 7 to 11 April this year.”
"In this kind of trade mission, business meetings tailored to the goal of participating companies are coordinated in the city of Miami, Florida," said AMCHAMDR Business Service Manager Ilka Gomez.
She said businesspersons can learn from an international trade specialist what they need to know to effectively manage their export and /or import company, including customs procedures, required documents, regulations and financing, among others.
“You will also have access to other benefits for your company, such as contact with suppliers of products and raw materials for more competitive prices; obtain representation of U.S. companies, access to a wide range of products to expand their business, better trading conditions through DR CAFTA, among others," Gomez said.
The executive invited those interested to contact AMCHAMDR’s Business Services Dept. for details of how to join this important group of entrepreneurs.