Saturday, April 1, 2023

Commercial exchange with Commonwealth countries amounted to US$2,515 million in 2022

The commercial exchange between the Dominican Republic and the countries that make up the Commonwealth totaled US$2,515 million last year, reflecting an increase compared to 2021 of some US$239 million, equivalent to an increase of 10%.

This was stated this Monday by the president of the round table of the Commonwealth Countries in the Dominican Republic, Fernando González Nicolás, in the act of celebrating the World Commonwealth Day, held at the headquarters of the Chamber of Commerce and Production of Santo Domingo (CCPSD).

The activity was attended by ambassadors, consuls and presidents of chambers of commerce of the nations that belong to this conglomerate.

González Nicolás estimated that in 2023 the Commonwealth countries will continue to be, as a whole, the main foreign investors and the largest destinations for exports from the Dominican Republic.

He gave as an example the commercial exchange with India, which in 2023 was US$807 million, becoming the main commercial partner among all these countries.

He stated that Great Britain follows, with an exchange of US$467 million, reflecting an increase of 26% compared to the previous year; Canada with US$466 million, for an increase of 37%; Trinidad & Tobago, with US$194 million, for a 35% increase; and Jamaica with US$102 million, for an increase of 15%.

“The aforementioned statistics confirm the strength of our country’s trade with the 54 Commonwealth nations,” said González Nicolás.

Mockbul Ali Obe, British ambassador, who represents King Carlos III, who is the head of the Commonwealth, also intervened at the event, regarding the anniversary.

Also present at this meeting were Ramu Abbagani, Ambassador of India; Collin Holditch, Consul General of Canada, and José María Cabral, Secretary for the Board of the Commonwealth; Campos de Moya, treasurer and Marcos Peña, director; Amauris Vásquez, president of the British Chamber; Dharmendra Basita, President of the Indian Chamber of Commerce, among other representatives.


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