Miches real estate Ceyba Park

Major industries in the Dominican Republic are sugar refining, pharmaceuticals, cement, ferronickel and gold mining, light manufacturing, construction, services (including offshore assembly operations, especially textiles), and transportation.

The Dominican Republics economy has traditionally depended on agriculture. Although sugar cane is the chief crop and sugar is an important export, sugar production has sharply declined in recent years. Other major agricultural products are coffee, cocoa, bananas, tobacco, rice, plantains, beef, and flowers.

There are deposits of nickel, bauxite, gold, silver, and other minerals, and mining is of growing economic importance.

Free-trade zones have led to an increase in light industry, especially the manufacture of textiles and clothing. Tourism is also important to the economy, and the service sector is now the country's largest employer. The United States, Mexico, and Colombia are the main trading partners.

Although the service sector has taken over from agriculture as the leading employer of Dominicans (due principally to growth in tourism and the Free Trade Zones), agriculture remains the most important sector in terms of domestic consumption and is second place (behind mining) in terms of export earnings.
 

Currency

The local currency of the Dominican Republic is the Dominican peso, but US Dollars & Euros are widely accepted.

The rate as at 22 September 2009 is 36.05 Pesos to the US Dollar & 52.91 Pesos to the Euro.