Who We are @ Dominican Commerce
DOMINICAN COMMERCE was created to support future investors and importers both in the Dominican Republic and the rest of the world in the preparation, identification, and development of a strategy to take advantage of commerce, technology, and investment opportunities presented in the country.
Some of the support keys DOMINICAN COMMERCE offers are; current marketing online automation, data with statistical trends and specific internet market analysis, online investment support, transnational company strategies and online investment sectors. The Dominican Republic is remarkably one of the primary countries receiving direct foreign investment, within Central America and the Caribbean, due to its advantageous geographic location, and political treaties and tools created for development ease.
For entrepreneurs looking for investment or establishment opportunities, we can help start the process of introduction, research, and online marketing automation of your business.
| We solve the issue of actually “doing the work” at Dominican Commerce. Our focus is on local small and medium-size businesses by combining industry expertise and innovation and achieving online results. We will scale with you with an a-la-carte approach to fit any of our focus industries.
The economics of our digital society has caused a massive increase in the way we manage our content. We create breakthrough solutions and help leading brands create and deliver the right content for the right customer at the right time for relevant experiences.
Our most recent successful hashtag campaign for #timessquarepost taught us many lessons on how to manage a Social Community business. We learned the value of niche-market orientation, but most importantly, we supported our client through the process with their goals and objectives in mind.
Social Media Management is really Relationship-Building. Our main focus is to respond to your Social Media circle. Our second main focus is to drive more social activity into those circles. We provide assessments to help us understand your objectives and try to merge them with a strong ROI. Click here for rates.
If a tree fell and nobody was around it, does it make a sound? It is possible to have a great product with a great concept. It’s possible a large portion of products and concepts on the internet never see a conversion because they can’t be found. We try to increase the number of people around the tree when it falls.
Recent Success Story: www.timessquarepost.com
We helped The Times Square Post develop a campaign to raise awareness for Water.org. The team @timessquarepost raised money to help individuals in poor countries receive clean running water.
2013 Office of the United States Trades Office:
U.S.-Dominican Republic Trade Facts
Dominican Republic is currently our 45th largest goods trading partner with $8.6 billion in total (two-way) goods trade during 2009. Goods exports totaled $5.3 billion; Goods imports totaled $3.3 billion. The U.S. goods trade surplus with Dominican Republic was $1.9 billion in 2009.
Dominican Republic was the United States’ 33rd largest goods export market in 2009. U.S. goods exports to Dominican Republic in 2009 were $5.3 billion, down 20.1% ($1.3 billion) from 2008, but up 88% from 1994 (the year prior to Uruguay Round). U.S. exports to the Dominican Republic are down 1.5% from 2006 (Pre FTA). The top export categories (2-digit HS) in 2009 were: Electrical Machinery ($630 million), Mineral Fuel (oil) ($620 million), Machinery ($371 million), Vehicles ($351 million), Plastic ($297 million).
U.S. exports of agricultural products to Dominican Republic totaled $884 million in 2009, the 20th largest U.S. Ag export market. Leading categories include: coarse grains ($174 million), soybean meal ($147 million), wheat ($93 million), and tobacco ($84 million).
Dominican Republic was the United States’ 50th largest supplier of goods imports in 2009. U.S. goods imports from the Dominican Republic totaled $3.3 billion in 2009, a 16.3% decrease ($649 million) from 2008, but up 8% over the last 15 years. U.S. imports from the Dominican Republic are down 26.6 from 2006 (pre-FTA).
The five largest import categories in 2009 were: Optical and Medical Instruments ($526 million), Precious Stones (jewelry) ($436 million), Electrical Machinery ($371 million) Knit Apparel ($341 million), and Tobacco ($292 million). U.S. imports of agricultural products from the Dominican Republic totaled $379 million in 2009. Leading categories include: cocoa beans ($100 million), raw beet and cane sugar ($76 million), and fresh vegetables ($27 million).
The U.S. goods trade surplus with the Dominican Republic was $1.9 billion in 2009, a 25.8% decrease ($676 million) over 2008.
U.S. foreign direct investment (FDI) in the Dominican Republic (stock) was $960 million in 2008 (latest data available), up 25.3% from 2007. U.S. direct investment in the Dominican Republic is primarily in the manufacturing sector.
For more information on how DOMINICAN COMMERCE can support your new venture in the Dominican Republic, download our 2011 Expansion Plan for the Dominican Republic or contact one of our representatives at the information below: