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Dominican Republic – Trade Statistics

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The Dominican Republic is the 90th largest export economy in the world and the 78th most complex economy according to the Economic Complexity Index (ECI). In 2014, the Dominican Republic exported $10.7B and imported $17B, resulting in a negative trade balance of $6.3B. In 2014 the GDP of the Dominican Republic was $64.1B and its […]

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Dominican Republic – Customs and Import duty tax calculation method

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The Dominican Republic uses the Harmonized Tariff System (HTS) for commodity classification. Taxes and duties for imported goods are calculated on the ad valorem price (i.e. the CIF price in US dollars multiplied by the unified foreign exchange rate). All duties and taxes are collected in Dominican pesos. Except for products subject to exemptions provided […]

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Dominican Republic – Important Facts

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The Dominican Republic is a sovereign state occupying the eastern five-eighths of the island of Hispaniola, in the Greater Antilles archipelago in the Caribbean region. The western three-eighths of the island is occupied by the nation of Haiti, making Hispaniola one of two Caribbean islands, along with Saint Martin, that are shared by two countries. […]

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Dominica – Trade Statistics

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Dominica is the 188th largest export economy in the world. In 2014, Dominica exported $73.7M and imported $187M, resulting in a negative trade balance of $114M. In 2014 the GDP of Dominica was $524M and its GDP per capita was $10.9k. The top exports of Dominica are Refined Petroleum ($28.4M), Soap ($10.9M), Petroleum Gas ($2.65M), […]

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Dominica – Important forms while importing

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Export documents required: Bill of lading, Commercial invoice, Customs Export Declaration, Insurance certificate, Packing list, Pre-shipment inspection clear report. Import documents required: Bill of lading, Certificate of origin, Commercial invoice, Customs import declaration, Import license, Insurance certificate, Packing list, Technical standards certificate, Value declaration form.

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Dominica – Important Facts

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Dominica officially the Commonwealth of Dominica, is a sovereign island country. The capital, Roseau, is located on the leeward side of the island. It is part of the Windward islands in the Lesser Antilles archipelago of the Caribbean Sea. The island lies south-south east of Guadeloupe and north west of Martinique. Its area is 750 […]

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Denmark – Trade Statistics

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Denmark is the 39th largest export economy in the world and the 18th most complex economy according to the Economic Complexity Index (ECI). In 2014, Denmark exported $99B and imported $99B, resulting in a positive trade balance of $179M. In 2014 the GDP of Denmark was $342B and its GDP per capita was $45.5k. The […]