Gold rush in India reshapes the order of RD's trading partners

  • aplicacion - banner 728px

The Republic of India has become in 2025, the main trading partner of the Dominican Republic, taking into account that it is the main destination for exports from the national regime, and the country with the best trade balance in our favor, despite not having a trade agreement with that nation.

In 2025, US$1,009.6 million has already been exported to India, under all regimes, of which US$937.7 million corresponds to the national regime and US$35.9 from free trade zones. Considering all regimes, India is the second destination, behind the United States, and followed

Exports to India are mainly driven by raw platinum-plated gold, having exported about US$947.5 million in gold, and about US$14.8 million in whole and ground cocoa.

Other significant exports to India include waste and scrap for recycling purposes of aluminum, lead, copper, paper or Kraft cardboard, tin-plated iron or steel, and steel alloys.

Another important line of exports are medical instruments or devices to India, of which US$1.7 has been exported.

Reordering

Exports to India have reconfigured the order of the main destinations for national exports in 2025, remaining as follows according to volume and importance: India, Haiti, United States, Canada, and Puerto Rico.

In 2024 the order was United States, Haiti, Switzerland, Puerto Rico, and Canada.

Along with China, Russia, Poland, and Turkey, India is among the countries that have been searching for and buying the most gold worldwide.

It is estimated that India purchased 73 tons of gold in 2024, reaching a total of 841 tons of gold, this is because many central banks around the world have returned to using gold as a safe haven asset, due to the uncertainty and geopolitical conflicts of recent years.

India is currently the second-largest consumer of gold in the world. Gold jewelry is a symbol of status and wealth in Indian society, and it is common in important events such as weddings and religious festivals. Despite fluctuations in prices, the demand for gold in India remains constant and stable.

In the spotlight

  • aplicacion - banner 300px

  • banner altices 300x250 junio 2025

Explore more

Colombia believes that Machado should be able to go to the Nobel, although there are people with more merit

The Colombian Chancellor, Rosa Villavicencio, assured that the opposition figure María Corina Machado "should be able to go and collect" the Nobel Peace Prize in Norway, although she considered that "other people perhaps had more merit" to receive it. "I believe she should be able to go and collect the prize. We have even said […]

Russia attacks Ukraine with 476 drones and 48 missiles and kills 15 civilians in Ternópil

Russia attacked Ukraine this morning with 476 drones and 48 missiles of different types that caused damage to energy facilities and other civilian infrastructure in a dozen regions and killed 15 civilians in the Ternopil region of western Ukraine, according to President Volodymyr Zelensky, the Ukrainian Air Force and local authorities. According to the Air […]

Israel fires at Palestinian fishing boats and detains three people

Patrol boats of the Israeli Navy opened fire this Tuesday on Palestinian fishing boats near the port of Gaza City, the head of the Fishermen's Committees, Zakaria Bakr, told EFE. Bakr stated that, after the incident - in which the Army attacked the boats with "machine guns a few meters from the coast" -, three […]

Valdez dominates, Stevenson hits it out, and Licey defeats the Giants 3-2

SANTO DOMINGO (Licey.com).- With an efficient outing by César Valdez and offensive support led by a home run from Cal Stevenson, the Tigres del Licey defeated the Gigantes del Cibao 3-2 this Tuesday at the Quisqueya Juan Marichal Stadium. Gavin completely dominates and Leones defeats Estrellas 3-1 Valdez (1-0) once again demonstrated his hierarchy from […]

La Fruta dominates the leaderboard of La Casa de Alofoke 2; Michael Flores and Carlos Montesquieu complete the top 3

Santo Domingo. – The competition within La Casa de Alofoke 2 continues to intensify and, according to the update of the score table corresponding to the 29th day of uninterrupted broadcast, the content creator La Fruta remains as the absolute leader, consolidating his acceptance and support from the public. With 353,814 points, La Fruta not […]

Spanish writer Irene Vallejo champions curiosity as an antidote to fear

Santo Domingo.- The Spanish writer Irene Vallejo, invested this Tuesday as a doctor honoris causa by the Universidad APEC, Santo Domingo, claimed in her speech the value of curiosity which, she said, "acts as an antidote against fear", while defending the importance of humanistic culture. "History documents how many times fear ends up undermining the […]