Thursday, March 12, 2026

Haiti joins the list of countries buying Dominican gold

Gold exports continue to lead the largest volume of exports measured in FOB value, with India, Canada, Switzerland, the United States, and Haiti as the main buyers.

Despite its known extreme poverty and lack of governance, Haiti bought from the Dominican Republic, only in January of this year, about US$887,298 dollars and about US$900 thousand dollars so far this year.

Although what Haiti has bought is not representative compared to what large countries buy, barely 0.87%, the presence of the neighboring country on this small list, dominated by rich countries, draws attention.

Haiti as a gold comparator to the Dominican Republic is new, since in 2025, no exports are registered under tariff heading number 71, where gold is found.

In the first months of 2026, approximately US$499.5 million in gold has already been exported, mainly to destinations such as Canada (US$225.5 million), India (US$182.3 million), Switzerland (US$58.5 million), and the United States (US$36.0 million).

It is recalled that the Dominican mining sector reached a historic record in 2025 with exports exceeding US$2.59 billion, representing a 52% growth compared to 2024.

These exports accounted for more than 18% of the total goods exported by the country, driven primarily by gold, silver, and other minerals.

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