Country Information Export Development Canada South and Central America and the Caribbean

Dominican Republic

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Evaluating the market in the Dominican Republic

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Dominican Republic

The Dominican Republic (DR) is the largest economy in the region and holds considerable medium and long-term potential. The service industry represents the primary sector of the economy, largely represented by tourism. Canada is one of the largest investors in the country in the mining, financial services and manufacturing sectors. The Government continues to develop construction and infrastructure projects, and is also exploring broader energy sources to reduce the vulnerability to oil prices and to improve efficiencies. 
  • Construction & Infrastructure
  • Mining & Metals
  • Power
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC