Economy & Trade

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Dominican Republic: Key Industries

As of 2026, tourism is the largest single source of foreign exchange in the Dominican Republic, drawing millions of visitors each year to beach resorts along the northern and eastern coasts, including Punta Cana and Puerto Plata, as well as to the colonial architecture of Santo Domingo. The sector supports substantial employment across hotels, tour […]

Dominica: Key Industries

Agriculture has long formed the backbone of Dominica’s economy, with bananas historically the dominant export crop, though their share of trade declined sharply after the 1990s amid falling prices and changes to preferential export markets. The sector still employs roughly a third of the workforce and produces citrus, coconuts, cocoa, and other tropical crops alongside […]

Cuba: Key Industries

Cuba’s economy is directed largely by the state, which owns and manages most major industries, though a private sector has grown modestly since reforms began in the early 2000s. As of 2026, tourism remains the country’s leading source of foreign exchange, employing roughly two-fifths of the workforce and drawing visitors to Havana’s colonial architecture, white-sand […]

Costa Rica: Key Industries

Costa Rica’s economy has shifted markedly over the past generation, moving away from its historic reliance on agricultural exports toward high-value manufacturing and services. The country has become a major global hub for medical device production, with multinational manufacturers operating large facilities that assemble items such as catheters, syringes, and orthopedic and electro-medical equipment; these […]

Colombia: Key Industries

Colombia’s economy has long rested on its subsoil resources, with petroleum and coal historically providing the largest share of export earnings. State-linked and international companies extract crude oil from fields in the eastern plains and Magdalena Valley, while Colombia’s coal reserves, the largest in Latin America, support major open-pit mines such as Cerrejón in the […]

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