Dominican Republic Bolsters China Trade with 34.9% Export Surge Amid Economic Growth

The Dominican Republic recently hosted an influential business forum in Beijing, China, with the objective of fostering investment and enhancing cooperation between the two countries. This event, organized by the Dominican Embassy in China, served to strengthen the economic ties that have been developing since the establishment of diplomatic relations seven years prior. A significant number of Chinese enterprises attended the forum, reflecting the growing interest in bilateral economic exchange.

Key figures at the event included Biviana Riveiro from ProDominicana and Dominican ambassador to China, José Julio Gómez. They emphasized the Dominican Republic's status as the leading economy in the Caribbean and one of Latin America's fastest-growing markets. With analysts predicting GDP growth rates of 4.0% in 2025 and 4.8% in 2026, the country's economic potential was on full display. The forum showcased a rise in Dominican exports to China, reaching $325.8 million in 2024, marking a 34.9% increase over the previous year. This growth, primarily driven by exports of copper ores, raw tobacco, and medical instruments, highlights China's critical role as a trading partner. From January to July 2025, these exports amounted to $187.1 million, solidifying the trading relationship.

Riveiro highlighted that collaboration with China has already resulted in the creation of over 10,000 jobs within Dominican free trade zones. Looking towards the future, the Dominican Republic envisions expanding these zones, aiming to generate 100,000 new jobs, double its GDP, and achieve a per capita income of $22,000 by 2036. The forum also spotlighted opportunities in tourism, renewable energy, and technology, thus positioning the Dominican Republic as a key strategic location for Chinese investment within the Caribbean region.

In a separate development connected to travel and safety, the U.S. Embassy has issued a new travel alert for the Dominican Republic. This move underscores the persistent scrutiny on safety and travel conditions within the region, reflecting broader concerns regarding the welfare of visitors.

On the logistical front, Amazon Air has expanded its wholesale air cargo services to the Caribbean, including the Dominican Republic. This development introduces enhanced logistical capabilities, potentially boosting trade and increasing transport efficiency across Caribbean markets.

Tourism remains robust, with over 2.9 million U.S. tourists visiting the Dominican Republic from January 1 to August 9. A significant proportion of these travelers, nearly 60%, came from five U.S. states, including New York, reinforcing the country's position as a preferred travel destination for American tourists.

Efforts to combat corruption have been reinvigorated, with the Dominican Republic announcing initiatives to recover public funds that were previously diverted and hidden abroad. This initiative signifies a strong stance against corruption and underscores a commitment to restoring resources for public use. A major corruption case concluded with businessman Maxy Montilla Sierra agreeing to a notable settlement, reflecting the ongoing efforts to address financial misconduct.

In judicial news, Raynerson Marcos De La Paz Matos has pleaded guilty to conspiracy charges related to the distribution of fentanyl and cocaine. This case highlights persistent challenges in tackling drug-related offenses and exemplifies the legal consequences faced by those involved.

These narratives collectively paint a picture of the Dominican Republic as a nation navigating a complex array of economic, social, and legal challenges and opportunities. From enhancing international trade relationships and promoting tourism, to tackling corruption and crime, the Dominican Republic is actively engaged in shaping its trajectory amid a global backdrop.