Enterprise Florida senior vice president of international trade and development, Manny Mencía is leading a small and mid-sized business export sales mission from the state of Florida that is visiting 13-16 November 2018. He says that Dominican exports to the state of Florida are at around US$2.85 billion, while imports are slightly greater, at around US$3 billion. Enterprise Florida, Inc. (EFI), is the state of Florida’s principal economic development organization.
“The Dominican Republic is Florida’s leading trading partner in the Caribbean Basin,” he said. He observed that trade was up last year more than 8%. He is in the Dominican Republic heading a trade mission of 26 Florida companies that are holding meetings with Dominican businesses through 16 November.
Florida exports are mainly vehicles, autoparts, apparel, and jewelry. The Dominican Republic exports cigars, apparel and medical devices to Florida.
Positioned as the largest economy in the Caribbean, the Dominican Republic presents great trade opportunities for Florida companies, facilitated by the U.S.-Central America Free Trade Agreement and benefiting from reduced tariffs and barriers.
15 November 2018
