Exports to Canada decrease

Trade with Canada declined by 18.3% during the first 10 months of the year. Center for Exports and Investment (CEI-RD) statistics indicate that Canada went from number 8 to number 13 on the list of recipients of Dominican exports. Between January and October 2006, DR exports to Canada were valued at US$43 million, while during the same period in 2007 exports were valued at US$24 million. Among the products that are exported are nickel, eggplants, cacao, porcelain sinks, mangos, peppers and other products.

Canada and the Dominican Republic are holding talks for the signing of a free trade agreement, expected to increase trade between both countries. The first of five rounds of talks has already taken place and the next round is scheduled for February 2008.