Dominican exports grow towards the European Union

Since its inception in 2008, the Economic Partnership Agreement (EPA) between the Dominican Republic and the European Union has significantly boosted bilateral trade. Over the past 15 years, trade in goods between the two regions has surged by 231%, reaching 4,154 million euros in 2022. Dominican exports to European countries constitute 1.4 billion euros of this total.

Katja Afheldt, the European Union ambassador in the Dominican Republic, remarked that trade between Europe and the Dominican Republic has effectively tripled since the EPA’s signing. The Dominican products entering Europe now are of higher quality, reflecting a diversification in exports. The Dominican Republic has notably become a key supplier of medical equipment, organic bananas, and organic cocoa to the EU.

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